Pool Limit definition

Pool Limit means the number of containers (including full/empty and import/export containers) a Line Operator is permitted to have lying on the Terminal at any one time.

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Pool Limit means in respect of each Purchaser, the maximum amount corresponding to such Purchaser specified as its “Pool Limit” on Schedule IV to this Agreement.

Pool Limit means in respect of each Purchaser, the maximum amount corresponding to such Purchaser specified as its “Pool Limit” on Schedule IV to this Agreement. “Pool Deficiency Amount” means as of any time of determination, an amount equal to the sum, without duplication, of (i) the amount, if any, necessary to reduce, the sum of the Purchasers’ Pool Investment and the Required Reserves at such time to an amount equal to the Net Portfolio Balance at such time, plus (ii) the amount, if any which is necessary to reduce the aggregate Investment of all Exiting Purchasers to zero, plus (iii) the amount, if any, necessary to reduce the Pool Investment to an amount equal to the Purchasers’ Pool Limit, plus (iv) the amount, if any, necessary to reduce each Purchaser Group Investment to an amount equal to the related Purchaser Group Limit. “Pool Receivable” means a Receivable in the Receivable Pool. “Prime Rate” means a rate per annum equal to the rate of interest quoted in the print edition of The Wall Street Journal, Money Rates Section as the USA “Prime Rate”, as published for such day (or, if such day is not a Business Day, for the preceding Business Day), or, if such rate is not so published for any day which is a Business Day, the rate announced by the Administrative Agent from time to time as its prime rate of interest at its principal office in New York, New York, such rate to change as and when such designated rate changes. “Privacy Requirements” means (i) Title V of the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act, 15 U.S.C. § 6801 et seq.; (ii) federal regulations implementing such act and codified at 12 C.F.R. Part 1016 and 16 C.F.R. Part 313; (iii) Interagency Guidelines Establishing Standards For Safeguarding Obligor Information and codified at 12 C.F.R. Parts 30, 208, 211, 225, 263, 308, 364, 568, and 570, and 16 C.F.R. Part 314; (iv) the Health Insurance Portability and Accountability Act of 1996, 29 U.S.C. § 1181 et seq.; (v) the California Consumer Privacy Act of 2018, CAL. CIV. CODE § 1798.100 et seq. and implementing regulations, and (vi) other applicable federal, state and local laws, rules, regulations, and orders relating to the privacy and security of Borrower Information including, but not limited to, information security requirements promulgated by the Massachusetts Office of Consumer Affairs and Business Regulation and codified at 201 C.M.R. Part 17.00. “Product Type” means the type of product sold to the Obligor under the Contract, including “Tier 1”, “Tier 2”, “Tier ...

Examples of Pool Limit in a sentence

• If the Purchasers of a Purchaser Group become Exiting Purchasers, such Purchaser Groups’ Pool Limit shall automatically be reduced to zero on the then-current Purchase Termination Date, without giving effect to any other Purchasers of any other Purchaser Group’s agreement to extend the Purchase Termination Date, if any.

• Subject to the terms and conditions hereof and the Custodian Agreement, Seller may from time to time elect to offer to sell a Participation in a mortgage loan to Participant up to the Pool Limit in effect from time to time.

• The following Shares shall not be added back to the Fungible Pool Limit and shall not again be made available for issuance as Awards under the Plan: (i) Shares not issued or delivered as a result of the net settlement of an outstanding Stock Appreciation Right, (ii) Shares used to pay the exercise price or withholding taxes related to an outstanding Award, or (iii) Shares repurchased on the open market with the exercise price proceeds received by the Company upon the exercise of an Award.

• The Company shall carry a provision in its accounts for such Annual Bonus Pool Limit such that it is not available for the payment of dividends (and remains available for the payment of bonuses).

• Subject to the terms and conditions of this Agreement, Participant agrees to purchase from Seller, during the term of this Agreement, Seller's requirements of 100% participations in Qualifying Mortgage Loans up to the Pool Limit in effect at any time.

• Any Shares previously the subject of an Award that again become available for grant pursuant to Section 3(a) shall be added back to the Fungible Pool Limit in the same proportion, and using the same multiplier, pursuant to which such Awards reduced the Shares in the Fungible Pool Limit.

• If Participant purchases a Participation or Participations which cause the aggregate unpaid principal amount of all Mortgage Loans in which Participations have been purchased by Participant to exceed the Pool Limit at any time (herein, an "Overpurchase"), such Overpurchase shall not bind Participant to continue to make an Overpurchase available thereafter, and neither any Overpurchase nor any course of Overpurchases shall be deemed a waiver of or increase of the Pool Limit.

• Participant shall not be obligated to purchase any Participation the purchase of which would cause the aggregate unpaid principal amount of Mortgage Loans outstanding on the date of such purchase, together with the aggregate unpaid principal amount of all mortgage loans in which Participations are to be purchased on the date of such purchase, to exceed the Pool Limit.

• Any Shares subject to an Award which for any reason expires or terminates unexercised or is not earned in full shall be added back to the Fungible Pool Limit and may again be made subject to an Award under the Plan.

More Definitions of Pool Limit

Pool Limit shall initially mean $90,000,000.00 and shall thereafter mean such larger or smaller number as may be in effect from time to time pursuant to the terms hereof.