Definition of Pool Agreements

  1. Pool Agreements means any agreement or other arrangement entered into by any Borrower or the Charterer concerning the sharing of any Earnings and/or expenses relating to any of the Vessels;

Examples of Pool Agreements in a sentence

  1. It will ensure that all gross Earnings and other payments to the Borrowers deriving from the Vessels (excluding any commissions under any Vessel Employment Contracts or management fees under Management Agreements and/or Pool Agreements approved by the Lenders) shall be paid directly from the relevant charterer or pool manager to the Borrowers' accounts with the Agent.

Definition of Pool Agreements in Facility Agreement

Pool Agreements means any agreement or other arrangement entered into by any Borrower or the Charterer concerning the sharing of any Earnings and/or expenses relating to any of the Vessels;