The Pool Sample Clauses

The Pool. (i) The Borrower or a Wholly Owned Subsidiary of Borrower that is a Guarantor collectively shall at all times own (in fee simple title or through an Eligible Ground Lease, and including the leasehold interest in the Xxxxxx Xxxxxx Tower in Memphis, Tennessee) a pool (the "Pool") of assets that are not mortgaged, pledged, hypothecated, or encumbered in any manner, other than Permitted Liens, with an aggregate Value equal to at least one hundred sixty-seven percent (167%) of the Borrower's Indebtedness other than Secured Debt outstanding from time to time, with the following characteristics:
Sample 1
AutoNDA by SimpleDocs
The Pool. (i) Until the completion and opening of the YMCA Facility, the County shall be responsible for all aspects of the operation of the Pool and shall be entitled to receive and retain all revenues generated by the operation of the Pool; and
Sample 1
The Pool. A group of one or more customers, joined together by the Supplier for supply management purposes under this Agreement, which are receiving service pursuant to the Company’s firm transportation tariffs.
Sample 1
The Pool. Fund Manager shall present a quarterly and an annual report (unless alternative arrangements are agreed in writing by both Parties) to the SRIPCB, which shall be provided to the relevant Parties and include income and expenditure received by or incurred from the Pooled Fund. Such reports shall include an item on potential overspend or underspend.
Sample 1
The Pool. 4.1 It is agreed between the parties hereto that after the execution of this Agreement, the Board of Directors of the Company shall adopt a Stock Option Plan for employees, executives, directors, consultants and service providers of the Company of up to 10% of the issued and outstanding shares of the Company, after the issuance of the Shares, according to terms and conditions to be decided by the Board of Directors of the Company (the "POOL"); provided, however, that any options granted from the Pool shall (i) not have an exercise price that is less than (a) US$ 625 per Share for the persons specified in SCHEDULE 4.1, attached hereto, and (b) for such persons that are not so listed on SCHEDULE 4.1 its fair market value at the time of its related grant; and (ii) vest over a four year period from the date of its related grant.
Sample 1
The Pool. The pool shape and design is to be sufficient as to accommodate at least six (6) regulation-size 25-meter swim lanes, and a connected or separate recreation pool. The recreation pool is to be in-area, at-grade concrete pool with zero depth entry to accommodate the Americans with Disabilities Act (“ADA”) access from the pool deck. The pool must have in- ground lighting.
Sample 1

Related to The Pool

  • Pool A grouping on the books and records of CAC or any of its subsidiaries of Advances or Contracts originated or to be originated with CAC or any of its subsidiaries by a Dealer and bearing the same pool identification number assigned by CAC’s computer system.

  • The Mortgage Pool The Series ____-__ Certificates shall evidence the entire beneficial ownership interest in a mortgage pool (the "Mortgage Pool") of conventional, fixed rate, fully amortizing one- to four-family residential mortgage loans (the "Mortgage Loans") having the following characteristics as of ________ __, ____ (the "Cut-off Date"):

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"):

  • Trust Funds The Owner hereby gives power to the Agent to deposit all receipts collected for the Owner, less any sums properly deducted or disbursed, in a financial institution whose deposits are insured by an agency of the United States government. The funds shall be held in a trust account separate from the Agent’s personal accounts. The Agent shall not be liable in the event of a bankruptcy or failure of a financial institution. All funds managed under this section must be done so in accordance with applicable law.

  • Individual Accounts An individual account is an account owned by one depositor including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedent’s estate or payable on death (“POD”) beneficiary, if applicable.

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

  • Subaccounts The Separate Account is divided into Subaccounts which invest in shares of mutual funds. Each Subaccount may invest its assets in a separate class or series of a designated mutual fund or funds. The Subaccounts are shown on page 3. Subject to the regulatory requirements then in force, SBL reserves the right to:

  • Individual Account An individual account is an account owned by you alone, which you as the account owner use during your lifetime.

  • Multiple Accounts 3.2.1 Calculations, reporting and administration may be performed by us separately for each of your Accounts, so that (without limitation):

  • Named Fiduciary and Plan Administrator The “Named Fiduciary and Plan Administrator” of this Director Plan shall be Heritage Bank of Commerce until its resignation or removal by the Board. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control and administration of the Director Plan. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Director Plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Time is Money Join Law Insider Premium to draft better contracts faster.