Definition of Pool

  1. Pool means the amount allocated for payment of Awards in any Year, based on achievement of the applicable Performance Objectives during such Year. The Committee may establish, for any year: (i) one Pool for the Company; (ii) separate Pools for each segment or for some or all of the business units within a segment of the Company; or (iii) one or more Pools based on such organizational and other factors as the Committee shall deem relevant.
  2. Pool means a group of Mortgage Loans, which are the security for a mortgage-backed security issued or guaranteed by an Agency.

Examples of Pool in a sentence

  1. The Investing Pool may purchase and maintain insurance to protect any officer, agent or delegatee of the Investing Pool against liability asserted against him or her, or incurred by him or her, arising out of his or her status as such, to the fullest extent permitted by applicable law.
  2. The Servicer shall identify its master data processing records relating to Pool Receivables and related Contracts with a legend that indicates that the Pool Receivables have been pledged in accordance with this Agreement.
  3. For the avoidance of doubt, any payment made pursuant to Section 5 shall constitute a payment pursuant to the LTI Pool and shall, therefore, reduce the amount of the LTI Pool available for future distributions, as described in the definition of LTI Pool.

Definition of Pool in Plan of Merger

Pool means the amount allocated for payment of Awards in any Year, based on achievement of the applicable Performance Objectives during such Year. The Committee may establish, for any year: (i) one Pool for the Company; (ii) separate Pools for each segment or for some or all of the business units within a segment of the Company; or (iii) one or more Pools based on such organizational and other factors as the Committee shall deem relevant.


Definition of Pool in Incentive Compensation Plan

Pool means a set of one or more investments in Projects, identified by the Managing Member in its reasonable discretion, where such assets have an aggregate value of acquisition costs and approved AFEs for drilling of approximately $50 million.


Definition of Pool in Loan and Servicing Agreement

Pool means a group of Mortgage Loans that collateralize a mortgage-backed or asset-backed security issue.