Pool Management definition
Examples of Pool Management in a sentence
The Arbiters shall consider this Pool Management Agreement as an honorable engagement rather than merely as a legal obligation and they are relieved of all judicial formalities and may abstain from following the strict rules of law.
As a condition precedent to any right of action hereunder, in the event of any dispute or difference of opinion hereafter arising with respect to this Pool Management Agreement, it is hereby mutually agreed that such dispute or difference of opinion shall be submitted to arbitration.
This Article VI shall survive the termination of this Pool Management Agreement.
Neither this Pool Management Agreement, nor any right or obligation hereunder, may be assigned by any party without the prior written consent of the other party hereto.
This Pool Management Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, permitted assigns and legal representatives.
This Pool Management Agreement will be construed, performed and enforced in accordance with the laws of the State of New York without giving effect to its principles or rules of conflict of laws thereof to the extent such principles or rules would require or permit the application of the laws of another jurisdiction.
This Pool Management Agreement may be amended only if in writing and signed by each Participating Company.
Any Participating Company may terminate its respective participation in this Pool Management Agreement as of the date forty-eight (48) months after the Effective Date and thereafter as of the close of a calendar quarter by giving at least six (6) months prior written notice to the other party by certified or registered mail.
Headings used herein are not a part of this Pool Management Agreement and shall not affect the terms hereof.
If any provision of this Pool Management Agreement is held to be void or unenforceable, in whole or in part, (i) such holding shall not affect the validity and enforceability of the remainder of this Pool Management Agreement, including any other provision, paragraph or subparagraph, and (ii) the parties agree to attempt in good faith to reform such void or unenforceable provision to the extent necessary to render such provision enforceable and to carry out its original intent.