Excess Pool definition

Excess Pool means a discrete funding pool consisting of $500,000 for the 2023/2024 Academic Year and the 2024/2025 Academic Year.
View Source
Excess Pool means a special pooling technique to be used when fresh milk produced in excess of the total class I and class II requirements of the market and allowable plant shrinkage and route returns is disposed of either at a complete loss or at its highest practical salvage value.
View Source
Excess Pool means a discrete funding pool consisting of $500,000 for the 2023/2024
View Source

Examples of Excess Pool in a sentence

  • By accepting a Class A Certificate, such Certificateholders hereby agree to direct the Trustee, and the Trustee hereby is directed, to deposit into the Excess Net WAC Rate Reserve Account the amounts described above on each Distribution Date as to which there is any Excess Pool Net WAC Rate Amount rather than distributing such amounts to the Class A Certificateholders, as applicable.

  • The Credit Agent will use all Pool Proceeds received from the Cash and Collateral Account to repay the unpaid amounts advanced by the Credit Agent above, and then shall apply any remaining Pool Proceeds ("Excess Pool Proceeds") as set forth in Section 8.4 of the Credit Agreement.

  • Any Excess Pool Proceeds shall (so long as no Default is continuing and the Borrowing Base is equal to or greater than the total outstanding Loans) also be transferred into the Borrower's operating account or applied as otherwise directed by the Borrower.

  • For federal tax return and information reporting, the right of the Class A Certificateholders and the Class CE Certificates to receive payments from the Excess Net WAC Rate Reserve Fund in respect of any Excess Pool Net WAC Pass-Through Rate Amount shall be assigned a value of zero.

  • Excess Pool - Our share of the amount ceded to the pool is: 20% for all plans, except Commonwealth IV, through age 75, 20% for the LVPlus 2, X-881, DL881 and LVPlus 3 plans, ages 76 through 80 and 15% for Commonwealth IV through age 85.

  • Single Life Excess Pool Between HLIC and RGA Effective 11/01/2002 Fac / 12/01/2002 Auto SCHEDULE A PLANS COVERED UNDER THIS AGREEMENT Maturity Date Extension Rider: When the policyholder reaches the maturity date and has elected this rider, the death benefit is dropped to the account value, no more monthly deductions are taken, interest is credited, no further premiums are accepted, policy loans continue to accrue interest, and all other riders are terminated.

  • Fac for Single Life Excess Pool Between HLAIC and Canada Life Effective 4/01/2003 16 Within ten (10) days after one of the parties has given the other the first written notification of the specific dispute, each of the parties will appoint a designated officer to attempt to resolve the dispute.

  • If a net reinsurance premium balance is payable to the Ceding Company, the balance due will be subtracted from the reinsurance premium payable by the Fac for Single Life Excess Pool Between HLIC and Canada Life Effective 4/01/2003 Ceding Company for the current month.

  • Single Life Excess Pool Between HLAIC and Transamerica Effective 11/01/2002 Fac / 12/01/2002 Auto If a net reinsurance premium balance is payable to the Reinsurer, the Ceding Company will forward this balance within (30) thirty days after the close of each month.

  • IF THE CEDING COMPANY IS LIABLE FOR INSURANCE BENEFITS ON A POLICY ELIGIBLE FOR REINSURANCE UNDER THIS AGREEMENT, THE REINSURER SHALL BE LIABLE FOR ITS Single Life Excess Pool -- Amendment 10 Between HLIC and RGA Effective 11/01/2002 Fac / 12/01/2002 Auto PORTION OF THE REINSURANCE ON THAT POLICY, AS DESCRIBED IN SCHEDULE B.

Related to Excess Pool

  • Excess Proceeds With respect to any Liquidated Mortgage Loan, the amount, if any, by which the sum of any Liquidation Proceeds of such Mortgage Loan received in the calendar month in which such Mortgage Loan became a Liquidated Mortgage Loan, net of any amounts previously reimbursed to the Servicer as Nonrecoverable Advance(s) with respect to such Mortgage Loan pursuant to Section 3.11(a)(iii), exceeds (i) the unpaid principal balance of such Liquidated Mortgage Loan as of the Due Date in the month in which such Mortgage Loan became a Liquidated Mortgage Loan plus (ii) accrued interest at the Mortgage Interest Rate from the Due Date as to which interest was last paid or for which a Periodic Advance was made (and not reimbursed) up to the Due Date applicable to the Distribution Date immediately following the calendar month during which such liquidation occurred.

  • Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.