Pooling Arrangement Clause Samples

Pooling Arrangement. As described in Section 7.13, the Pooling Arrangement is to be terminated not later than December 31, 1998. Notwithstanding the existence of the Pooling Arrangement, any net earnings of ELAC during the period from the Effective Date until the date the Pooling Arrangement is terminated (the "Pooling Period") shall be treated as an Asset, and all losses and the consequences thereof shall be treated as an Assumed Liability, for purposes of this Agreement.

Pooling Arrangement. 1.1 The Shareholder agrees, effective as of the date of this Agreement (the “Effective Date”), not to transfer, assign, option, dispose of, pledge or encumber any interest in the Special Warrants or the Shares (the “Restrictions on Disposition”) for a period from the Effective Date to the Completion Date. 1.2 Subject to subsection 1.3 of this Agreement, in the period from the Effective Date to the date which is 36 months following the Effective Date, the Shares will be released from the Restrictions on Disposition to the Shareholder in accordance with the release schedule set out in Schedule “A” to this Agreement. 1.3 Notwithstanding subsection 1.2 of this Agreement, the Shares will be released from the Restrictions on Disposition on the earlier of: (a) the day the Company completes, or has completed, a technical report in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects, (“NI 43-101”) that identifies a measured, indicated or inferred mineral resource (as defined in NI 43-101) of at least 20,000,000 ounces of silver on the Property; and (b) the day an independent arm’s length third party completes a takeover bid, or otherwise acquires, over 50% of the issued and outstanding shares of the Company. 1.4 Upon their release from the Restrictions on Disposition pursuant to subsections 1.2 or 1.3 of this Agreement, the Shares will cease to be governed or affected by this Agreement. 1.5 During the period in which the Shares are subject to the Restrictions on Disposition pursuant to this Agreement: (a) the Shareholder may exercise all voting rights attached to the Shares held by the Shareholder; (b) the Shares may be transferred to another person only if the Company’s board of directors has approved the transfer provided that any such transfer will only be effective if the transferee agrees to be bound by the terms of this Agreement and signifies such agreement by entering into a voluntary pooling agreement in respect of the shares that are to be transferred on the same terms as are contained in this Agreement. 1.6 The Company will conspicuously ▇▇▇▇ all certificates representing the Shares with the following legend: “The shares represented by this certificate are subject to a voluntary pooling agreement between the Company and Diamond Hill Investment Corporation, dated May 18, 2006 (the “Agreement”), and are subject to a hold period that expires on the earlier of <> [ the date that is either 6, 12, 18, 24, 30 or 36 months fo...

Pooling Arrangement. 2.1 The Shareholder agrees that, commencing on the Effective Date and expiring on the earlier of the date the Shareholder holds less than 1% of the outstanding shares of the Company or the date which is 24 months after the Effective Date, it will not transfer, assign, option, sell, dispose of any interest in the Shares (collectively, “Transfer”) other than pursuant to this Agreement or with the written consent of the Company. 2.2 During the period in which the Shares are subject to this Agreement the Shareholder will not Transfer more Shares in any: (a) calendar month than is equal to 10% of the trading volume of the common shares of the Company on a regulated stock exchange (including but not limited to the TSX Venture Exchange) for the preceding calendar month; and (b) calendar week than is equal to 5% of the trading volume of the common shares of the Company on a regulated stock exchange (including but not limited to the TSX Venture Exchange) over the preceding calendar week. 2.3 Upon a Transfer made in accordance with either Section 1.1 or Section 2.2 of this Agreement, the Shares will cease to be governed or affected by this Agreement. 2.4 In addition to being permitted to complete a Transfer under Section 1.1 or Section 2.2, the Shareholder may Transfer any or all of the Shares to any person, provided that such person agrees to be bound by the terms and conditions of this Agreement.

Pooling Arrangement. The Cooperative may pool the Producer's cattle for sale to various markets or for processing.

Pooling Arrangement. USPB may pool the Producer's cattle for sale to various markets or for processing.

Pooling Arrangement. The Purchaser will use reasonable commercial efforts to cause each of ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ ▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ and ▇▇▇▇▇▇▇ O’▇▇▇▇▇ on or before the Closing Date, to enter into an agreement, in a form mutually acceptable to the Vendor and the Purchaser, acting reasonably, pursuant to which each of them will agree to escrow (and not transfer) all of the common shares in the capital of the Purchaser beneficially owned by each of them (or acquired by each of them after the date hereof and prior to completion by the Vendor of the Distribution upon the exercise of currently outstanding convertible securities of the Purchaser) until such time as the Vendor has completed the Distribution, following which date the escrowed shares will be released from escrow pursuant to the same release schedule to be agreed upon by the Vendor and Purchaser, acting reasonably, for the release of the Purchaser’s common shares distributed to the Vendor’s shareholders pursuant to the Distribution. Notwithstanding the foregoing, if the Vendor does not complete the Distribution on or before December 31, 2012, then the escrow will terminate and all shares then escrowed will be unconditionally released.