Pool Accounts definition

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Pool Accounts means accounts which record transactions of a particular group of members who deliver goods or provide services to the co-operative on the basis of sharing a return in accordance with the proportion of the goods delivered or services provided or on such other terms as may be provided for in the rules of the co-operative;

Pool Accounts shall have meaning ascribed to it in Clause 8.3;

Examples of Pool Accounts in a sentence

These quarterly, unaudited Pool Accounts shall include aggregate quarterly accounts with separate calculations made for each quarter.
If, on that date, all Fruit allocated to any Pool Account has not been sold and settled, T&G Pipfruit may require T&G to purchase any unsold Fruit and amounts due, at a prudent net realisable value, to complete reconciliation of the Pool Accounts and determine the Supplier Return.
SC is operating a cash pool arrangement (the "SC Cash Pool") pursuant to which the balances on the SC Cash Pool Accounts (as defined below) of the SC Cash Pool Participants (as defined below) are set to zero on a daily basis by physical fund transfers between the SC Cash Pool Participants and SC (the "SC Cash Pool Agreement").
Delivery of the Refined Gold by the Seller to the Purchasers shall be deemed to have been made at the time and on the date such Refined Gold is credited to their respective Pool Accounts (the “Delivery Time” on the “Delivery Date”).
The Pool Accounts shall include aggregate quarterly accounts with separate calculations made for each quarter.
The Pool Funds Administrator shall supply full details to each Pool Member, the Ancillary Services Provider and the Grid Operator of the Pool Clearing Account, the Pool Reserve Account and any relevant Collection Account and, for so long as it is maintained, the Pool Borrowing Account and shall supply the Executive Committee with full details of all Pool Accounts and Settlement Accounts.
Demonstrator vehicles must be enrolled in and meet the requirements of the Show Them The Value (“STTV”) Demonstrator Program for eligible Ford Authorized Converter Pool Accounts.
The STTV Demonstrator Program is limited to eligible Pool Accounts and may be terminated by Ford at any time for any reason.
If less than all Excess Pool Accounts are so used, SAFE shall retain any remainder with no duty to account therefor or pay any additional consideration to Seller.
The Pool Manager will provide access to the Pool Accounts to any Participant upon request and any Participant, at its expense, may retain an independent auditor to conduct an audit of the Pool Accounts.

More Definitions of Pool Accounts

Pool Accounts means such metal account as each Purchaser may notify to the Seller from time to time.

Pool Accounts means the accounting records in relation to Pool Gross Revenue, Pool Expenses, Pool Net Revenue 20 in respect of all Pool Vessels for the period reviewed including all payments of Hire or Pool Points.

Pool Accounts. Pool Banker", "Pool Borrowing Account", "Pool Clearing Account", "Pool Creditor", "Pool Debt", "Pool Debtor", "Pool Ledger Accounts", "Pool Reserve Account", "Pool Reserve Assets", "Postponed Payment Date", "Providing Member", "Reconciliation Notification Date", "Reconciliation Payment Date", "Relevant Provider", "Reserve Interest Rate", "Security Amount", "Security Cover", "Settlement Account", "Settlement Account Designation", "Settlement Bank", "Settlement Bank Mandate", "Settlement Payment Date", "Settlement Run", "Special Run", "Stage 1 Settlement Run", "Stage 2 Initial Settlement Run", "Timetabled Reconciliation Run" and "underpayment";

Pool Accounts means the accounting records in relation to Pool Gross Revenue, Pool Expenses, Pool Net Revenue and Financial Statements in respect of all Pool Vessels for the period reviewed, including all payments of Hire and/or Distributions. "Pool Expenses" has the meaning ascribed to it in Clause 14.1.2. "Pool Gross Revenue" is the earnings of the Pool Vessels as defined in Clause 14.1.1.

Pool Accounts means the Pool Clearing Account, the Pool Borrowing Account, the Pool Reserve Account and the Collection Accounts and such other accounts as may be established in accordance with Section 4.2.2 of Schedule 11. Pool Accounts do not include accounts established or operated by the Pool Funds Administrator in connection with the performance of any of its functions which are not set out in or contemplated by Schedule 11 or the Funds Transfer Agreement or which do not relate to functions of the Pool Funds Administrator in its capacity as such;