Pool Assets definition

Pool Assets has the meaning set forth in Section 1.2(d) of the Agreement.

Pool Assets has the meaning set forth in Section 1.2(e).

Pool Assets means each Pool Receivable and the Related Security with respect thereto;

Examples of Pool Assets in a sentence

• Each Custodial Agreement shall contain an acknowledgment by the Custodian that all Mortgage Pool Assets, Mortgage Files, and other documents and property held by it at any time are held by it for the benefit of the Trust.

• The Company does hereby irrevocably sell, transfer, assign, set over and otherwise convey to the Trust, without recourse, all the Company’s right, title and interest in and to the Mortgage Pool Assets.

• The Assuming Bank shall serve as an independent contractor to manage, administer, collect and liquidate the Pool Assets during the term of this Arrangement.

• Thereafter, Pool Assets and Pool Related Liabilities shall be reflected at their Adjusted Pool Values.

• The Assuming Bank shall immediately establish and maintain the Pool Records on a separate general ledger and on subsidiary ledgers as appropriate to account for Pool Assets and Pool Related Liabilities with such income and expense classifications as the Receiver may require.

More Definitions of Pool Assets

Pool Assets means assets of the Company and any of its Wholly Owned Domestic Subsidiaries listed on Schedule II, to the extent modified pursuant to Section 6.12, and shall include only Specified Equipment owned legally by the Company and any of its Wholly Owned Domestic Subsidiaries.

Pool Assets means the assets as determined by the Receiver from time to time for purposes of Section 4.13 of the Agreement, to the extent designated by the Receiver as part of the Pool, including, without limitation, in whole or in part, the capital stock of Excluded Subsidiaries, any credit card business, and any trust business, if so designated, and related liabilities.

Pool Assets. On any day any Asset in the Asset Pool.

Pool Assets. The Mortgage Loans, any REO Property and any other property remaining in the Trust Fund.

Pool Assets. As defined in Section 7.01(b).

Pool Assets means assets of the Company listed on Schedule II, to the extent modified pursuant to Section 6.12 and shall include only Stage 3 Equipment owned legally by the Company.

Pool Assets has the meaning set forth in Section 1.4(a).