Common use of The Pool’s Average Clause in Contracts

The Pool’s Average. Cost is the weighted average of all the participating pool vessels’ Total Cost basis the Trading Days each vessel has during the month. Any references to “Pool Earning Points” or “Initial Pool Points” in the Pool Agreement shall be interpreted as references to the Vessel’s Total Cost or where applicable, the Vessel’s provisional Total Cost.

The Pool’s Average. Cost is the weighted average of all the participating pool vessels’ Total Cost basis the Trading Days each vessel has during the month. Any references to “Pool Earning Points” or “Initial Pool Points” in the Pool Agreement shall be interpreted as references to the Vessel’s Total Cost or where applicable, applicable the Vessel’s provisional Total Cost.. Table of Contents VL8 Pool – Vessel Evaluation Process – 2015 The formula used for Allocating Revenues in the Pool Distribution Module is as follows:

The Pool’s Average. Cost is the weighted average of all the participating pool vessels’ Total Cost basis the Trading Days each vessel has during the month. Any references to “Pool Earning Points” or “Initial Pool Points” in the Pool Agreement shall be interpreted as references to the Vessel’s Total Cost or where applicable, applicable the Vessel’s provisional Total Cost.. VL8 Pool – Vessel Evaluation Process – 2015 The formula used for Allocating Revenues in the Pool Distribution Module is as follows: