Pool definition

Pool means a voluntary arrangement, established on an ongoing basis, pursuant to which two or more insurers participate in the sharing of risks on a predetermined basis. The pool may operate through an association, syndicate, or other pooling agreement.
Pool means an underground reservoir containing a common accumulation of oil and gas or both; each zone of a structure that is completely separated from any other zone in the same structure is a pool.
Pool means any artificial water holding structure with a closed-loop circulation of water through a water treatment system with a return to the structure.

Examples of Pool in a sentence

  • As provided in the Indenture, the Notes may be redeemed pursuant to Section 10.01(a) of the Indenture, in whole, but not in part, at the option of the Servicer, on any Distribution Date on or after the date on which the Pool Balance is less than 10% of the Pool Balance as of the Cutoff Date.

  • The Pool Balance as of the Cutoff Date equals or exceeds the aggregate principal amount of the Notes on the Closing Date.

  • Approximately 70.47% of the Pool Balance as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 29.53% is attributable to loans for purchases of used Motorcycles.

  • An important component of the PROS Plan update is consideration of a CITY Pool.

  • Pool parties with more than 20 non-member attendees during regular pool hours must pay for additional lifeguards at 1 guard per 20 attendees.


More Definitions of Pool

Pool means an underground reservoir containing a common accumulation of oil or gas or both. Each zone of a general structure that is completely separated from any other zone in the structure is a separate pool. "Common source of supply" and "reservoir" are synonymous with "pool."
Pool or "Pooling" shall mean the grouping together of Transportation Service Shippers for the purpose of netting daily and monthly imbalances.
Pool means an underground reservoir containing a common accumulation of oil or gas, or both, but does not include a gas storage reservoir. Each zone of a geological structure that is completely separated from any other zone in the same structure may contain a separate pool.
Pool means an underground reservoir containing a common accumulation of oil or gas or both; each zone of a structure which is completely separated from any other zone in the same structure is a pool, as that term is used in this chapter.
Pool means a group of Mortgage Loans, which are the security for a mortgage-backed security issued or guaranteed by an Agency.
Pool means any water receptacle designed for decorative purposes or used for swimming or as a bath or hot tub designed to accommodate more than one bather at a time.