Definition of Pool Financing Indebtedness

  1. Pool Financing Indebtedness means indebtedness incurred by a Pool Operator, as agent for the applicable Shipping Pool, on behalf of the members or participants therein, under and pursuant to a Pool Financing.

Definition of Pool Financing Indebtedness in Amendment to Credit Agreement

Pool Financing Indebtedness means indebtedness incurred by a Pool Operator, as agent for the applicable Shipping Pool, on behalf of the members or participants therein, under and pursuant to a Pool Financing.