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.

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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.

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.

Examples of Pool in a sentence

No Mortgage Loan is cross collateralized or cross-defaulted with any other mortgage loan that is outside the Mortgage Pool, except in the case of a Mortgage Loan that is part of a Whole Loan.
Bunkers on board the Vessel at the time of delivery to the Pool under this Agreement are (or will become by the time of delivery) the property of the Company.
The terms and conditions of this Agreement are for the sole use of the parties to this Agreement and are not to be copied or used for any other purpose without the express written consent of the Pool.
Should the Company or the Pool Participant become aware of circumstances that call into question the compliant status of this Agreement, the Pool Participant will immediately, in good faith, meet to agree such amendments to this Agreement as are deemed necessary to bring this Agreement back in to compliance with the applicable competition rules, or alternatively, forthwith terminate the Agreement in accordance with Clause 15.
The Company and the Pool Participant are aware of the scope of the EU’s competition law and policy, Regulation 1419/2006 and have reviewed and taken into account the European Commission’s final guidelines published July 2, 2008 on the application of competition rules to maritime transport.

More Definitions of Pool

Pool means the Health Insurance High Risk 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 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

Pool means the Lending Facility Pool or a Designated Pool, as applicable.

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.

Pool options will be used when more than one employee in the same classification, with the same skills and abilities, within the same layoff unit are laid off at the same time, and there are at least the same number of options available as the number of employees comprising the “pool.” All employees in the “pool” are offered the same options and asked to make their selections in order of preference. The option will be awarded based on seniority.