Pool Contracts definition

Pool Contracts contracts for the employment, in whole or in part, of Pool Vessels.
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Examples of Pool Contracts in a sentence

  • Following the last business day of each calendar quarter in which JMAC receives any Collections on Experience Pool Contracts in a General Experience Period Pool commencing with the quarter in which that General Experience Period Pool is "closed", JMAC will provide to Provider a statement detailing the computations reflected in this section with respect to that General Experience Period Pool.

  • In such an event, JMAC will pay to Provider following the last business day of the quarter in which such excess occurs an amount equal to the product of (x) such excess times (y) the quotient of the aggregate total of the amounts financed by all Experience Pool Contracts sold by Provider in that General Experience Period Pool divided by the aggregate total of the amounts financed by all Experience Pool Contracts in that General Experience Period Pool.

  • For purposes of the calculations set forth in this Section, amounts received on Experience Pool Contracts will first be applied to late charges, returned check fees, and other charges and fees due with respect to Experience Pool Contracts, including the reimbursement to JMAC of out- of-pocket collection costs, such as, but not limited to, attorneys fees and court costs, and last to the principal and interest of the Experience Pool Contracts.

Related to Pool Contracts

  • Seller Contracts means all contracts or agreements to which Seller is a party or to which any of its material assets are bound.

  • Customer Contracts has the meaning set forth in Section 1.1(b)(ii)(A).

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.