pooling arrangement definition

pooling arrangement means an arrangement whereby several insurance or reinsurance undertakings agree to share identified insurance risks in defined proportions. The parties insured by the members of the pooling arrangement are not themselves members of the pooling arrangement.
pooling arrangement means any arrangement approved by the Board, which involves the joint operation of two (2) or more Certified Irrigated Tracts.

More Definitions of pooling arrangement

pooling arrangement means an agreement between two or more persons for providing services through a pool or operating one or more ships and sharing earnings or operating profits on the basis of mutually agreed terms;
pooling arrangement means any formal vessel pooling arrangement in which any Vessels participate under which an Affiliate of the Manager collects a commercial management fee.
pooling arrangement means a business arrangement under which Affiliates pool 100% of their net business.
pooling arrangement means an arrangement whereby two or more insurers agree to share identified insurance risks in defined proportions;
pooling arrangement means an agreement between two or more persons for providing services through a pool or operating one or more ships and sharing earnings or operating
pooling arrangement means an arrangement whereby several insurance or reinsurance undertakings agree to share identified insurance risks in defined proportions. The parties insured by the pooling arrangement are not members to the pooling arrangement. Where an arrangement does include the insured parties as members it is not a pooling arrangement.
pooling arrangement means the pooling arrangement to be implemented pursuant to the USHAG, whereby the currently issued Common Shares that are not subject to the Escrow Agreement will be subject to restrictions on transfer until released from the Pooling Arrangement on the basis of 10% of a holder’s Pooled Shares on the Listing Date and a further 15% every three months thereafter, for a total pooling period of 18 months;