Pool Term definition

Pool Term has the meaning ascribed to it in section “2.2” hereinbelow; (o) “Pooling Trustee” means {Pooling Trustee}, or any successor company, however formed, whether as a result of merger, amalgamation or other action; together with any successor trustee to the Pooling Trustee under this Agreement; (p) “Power of Attorney” has the meaning ascribed to it in section “5.3” hereinbelow; (q) “PPMH” means Pure Play Media Holdings, Inc., a company incorporated under the laws of the State of Nevada, USA, or any successor company, however formed, whether as a result of merger, amalgamation or other action; (r) “Regulatory Authorities” and “Regulatory Authority” means, either singularly or collectively as the context so requires, such regulatory agencies who have jurisdiction over the affairs of either PPMH, the Pooling Trustee and/or the Pooled Shareholder and including, without limitation, and where applicable, the Ontario Securities Commission, the United States Securities and Exchange Commission, NASDAQ and all regulatory authorities from whom any such authorization, approval or other action is required to be obtained or to be made in connection with the transactions contemplated by this Agreement; (s) “Release Condition” has the meaning ascribed to it in section “2.2” hereinbelow; and
Pool Term means the period from 3 October 1999 until the fifteenth (15th) anniversary of the Effective Date of this Agreement, unless the obligation to contribute to Pool IP is earlier terminated pursuant to the terms of this Agreement.
Pool Term has the meaning ascribed to it in section “2.2” hereinbelow; (h) “Pooling Trustee” means ▇▇▇▇▇ Law Group, or any successor company, however formed, whether as a result of merger, amalgamation or other action; together with any successor trustee to the Pooling Trustee under this Agreement; (i) “Release Condition” has the meaning ascribed to it in section “2.2” hereinbelow; and

Examples of Pool Term in a sentence

  • During the Pool Term a Pool committee (the “Pool Committee”) may be established by the Board of Directors of PPMH, in its sole and absolute discretion, and be comprised of not less than two independent and non-Pooled Shareholder directors and/or officers of PPMH.

  • In this regard the within Power of Attorney for the Pooled Shareholder shall be effective from the Effective Date of this Agreement and shall continue in full force and effect until the end of the Pool Term.

  • Each of the Pooled Shareholders hereby acknowledges that this Agreement is binding for all purposes in consideration of such and that the terms hereof may not be changed and the Pool may not be challenged without the prior written consent of at least such number of Pooled Shareholders who hold, from time to time during the Pool Term, not less than sixty percent (60%) of the Pooled Shares remaining in Pool.

  • In this regard the within Power of Attorney for each particular Pooled Shareholder shall be effective from the Effective Date of this Agreement and shall continue in full force and effect until the end of the Pool Term.