pooling system definition
pooling system means a system for NCBs' collateral management, whereby a counterparty maintains a pool account with an NCB to deposit assets collateralising that counterparty's related Eurosystem credit operations, whereby the assets are recorded in such a way that an individual eligible asset is not linked to a specific Eurosystem credit operation and the counterparty may substitute eligible assets on a continuous basis;
pooling system means a notional netting or similar cash management program.
pooling system means that certain management billing system referred to by Xerox as the “Pooling System” and employed by the JV to administer certain Contracts in a manner such that the amounts due from Obligors under one or more Contracts are aggregated in respect of the copy volumes of a specific pool of machines and billed at a common meter rate to the Obligor on a monthly basis under a single, aggregate invoice.
More Definitions of pooling system
pooling system means a system for NCBs’ collateral management, whereby a counterparty maintains a pool account with an NCB to deposit assets collateralizing that counterparty’s related AEDF credit operations, whereby the assets are recorded in such a way that an individual eligible asset is not linked to a specific AEDF credit operation and the counterparty may substitute eligible pooled assets on a continuous basis;
pooling system means a system for NCBs' collateral management, whereby a counterparty maintains a pool account with an NCB to deposit assets collateralising that counterparty's related Eurosystem credit operations, whereby the assets are