Pool Composition Sample Clauses

The Pool Composition clause defines the specific assets, loans, or other items that make up a designated pool within an agreement. It typically outlines the criteria for inclusion, such as asset type, quality, or geographic location, and may specify procedures for adding or removing items from the pool. This clause ensures transparency and clarity regarding what is included in the pool, which is essential for risk assessment, valuation, and ongoing management of the pooled assets.
Pool Composition. The Borrower shall at all times maintain at least ten (10) Unencumbered Properties (other than Suspended Unencumbered Properties) with a minimum aggregate Value of not less than $200,000,000;
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Pool Composition. Each seniority pool within an agreed-upon area as established or revised pursuant to the above objectives shall be regarded as being a single seniority pool for the purposes of layoff and recall. Each such pool shall be made up of all jobs in job Classes 1, 2, and 3 and such jobs in job Class 4 or higher as shall be agreed upon by the local parties. The number of jobs in job Class 4 or higher to be included in the pool shall be no less than the number of all of the job Class 4 jobs in the agreed-upon area. The job opportunities provided by the jobs in job Class 4 or higher included in the pool as of the pay period including the 90th day after the effective date of this Agreement shall be approximately equivalent to the job opportunities provided by all job Class 4 jobs in the agreed-upon area as of such date. If a particular job required to be included in the pool by the foregoing provisions is inappropriate for inclusion in the pool, the local parties may agree to remove it from the pool-provided that another suitable job (or jobs) is concurrently added to the pool which does not reduce significantly the number of job opportunities provided by the job which was removed from the pool. The jobs in the pool shall also be included in appropriate seniority units for the application of seniority provisions other than those included in this Section.
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Pool Composition. The gas delivered hereunder will be provided from any or all of Seller's sources of gas (the "Pool"
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Pool Composition. The Pool shall consist of no less than seven (7) Pool Properties at any time.
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Pool Composition. The Pool shall consist of no less than (x) six (6) Pool Properties at any time on or prior to March 15, 2019; provided that, the Pool may consist of five (5) Pool Properties until the date that is ninety (90) days after the Closing Date pending the admittance of the Pima Property as a Pool Property in accordance with this Agreement; and (y) seven (7) Pool Properties at any time thereafter.
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Related to Pool Composition

  • Board Composition (i) Each Stockholder agrees to vote, or cause to be voted, all Shares owned by such Stockholder, or over which such Stockholder has voting control, from time to time and at all times, in whatever manner as shall be necessary to ensure that at each annual or special meeting of stockholders at which an election of directors is held or pursuant to any written consent of the stockholders, the following persons shall be elected to the Board: (a) The first Preferred Director shall be designated by Fall Line Endurance Fund, LP (“Fall Line”) for so long as such Stockholder and its Affiliates continue to own any shares of Preferred Stock, which individual shall initially be ▇▇▇▇ ▇’▇▇▇▇▇. (b) The second Preferred Director shall be designated by S2G Builders Food & Agriculture Fund III, L.P. (“S2G”) for so long as such Stockholder and its Affiliates continue to own any shares of Preferred Stock, which individual shall initially be ▇▇▇▇▇▇▇ ▇▇▇▇▇▇. (c) Fall Line and S2G, by mutual agreement, shall designate the Person with the right to designate the third Preferred Director pursuant to this Agreement (the “Designating Party”), provided that if not then a party to this agreement the Designating Party shall execute a counterpart signature page hereto and be bound by the provisions herein, including for the avoidance of doubt Section 1.6. The Designating Party may be replaced by mutual agreement of Fall Line and S2G. There shall initially be a vacancy for the third Preferred Director. (d) The CEO Director initially be ▇▇▇▇▇▇ ▇▇▇▇▇, provided that if for any reason the CEO Director shall cease to serve as the Chief Executive Officer of the Company, each of the Stockholders shall promptly vote their respective Shares (i) to remove the former Chief Executive Officer from the Board if such person has not resigned as a member of the Board and (ii) to elect as such person’s replacement as the new CEO Director the individual approved by the Board as the replacement Chief Executive Officer. (e) The Independent Director shall initially be a person designated by the Board; provided, that, if for any reason such designee is no longer serving on the Board, or the Noteholder Majority otherwise requests the removal of such individual for any reason, or no reason, each of the Stockholders shall promptly vote their respective shares to remove such individual and elect as such person’s replacement the individual designated in writing by the holders of a majority of the aggregate principal amount of the Notes (the “Noteholder Majority”). To the extent that any of clauses (i) (a) through (e) above shall not be applicable, any member of the Board who would otherwise have been designated in accordance with the terms thereof shall instead be voted upon by all the stockholders of the Company entitled to vote thereon in accordance with, and pursuant to, the Company’s Restated Certificate. For purposes of this Agreement, an individual, firm, corporation, partnership, association, limited liability company, trust or any other entity (collectively, a “Person”) shall be deemed an “Affiliate” of another Person who, directly or indirectly, controls, is controlled by or is under common control with such Person, including, without limitation, any general partner, managing member, officer or director of such Person or any venture capital fund now or hereafter existing that is controlled by one or more general partners or managing members of, or shares the same management company with, such Person.