Participation Pool definition

Participation Pool means [***].
Participation Pool means the legal entity or business segment to which the Participant is assigned based upon his or her respective responsibilities. The SV of the Participation Pool serves as the basis for the calculation of the Participant’s Bonus Award.
Participation Pool means those Loans more fully identified and described on Exhibit "A" attached hereto in which the Assignees shall acquire an interest hereunder in a principal amount of up to Twenty-Million Dollars ($20,000,000.00).

Examples of Participation Pool in a sentence

  • As of the Effective Date, the Assignees shall succeed to all of the rights and assume all of the obligations of the Assignors under the Loan Documents for all of the Loans in the Participation Pool, but only to the extent of the Assignees' Participation Interest.

  • Each of the Assignees agrees that it will perform, in accordance with the terms of the Loan Documents for all of the Loans in the Participation Pool, all of the obligations that are required to be performed by it as a lender thereunder.

  • After giving effect to the assignment and assumption set forth herein, on the Effective Date, the respective Participation Interests of the Assignors and the Assignees in all of the Loans in the Participation Pool shall be as set forth on Exhibit "B" hereto.

  • Any interest, fees and other payments payable to the Assignors with respect to the Loans in the Participation Pool that have accrued up to the Effective Date with respect to the Assignees' Participation Interest shall be for the account of the respective Assignors.

  • Mortgage shall hold, for the benefit of the Assignees, in its possession at its principal office, executed originals of all of the Loan Documents for each Loan in the Participation Pool, and shall deliver conformed copies of each thereof to ▇▇▇▇▇ Financial for the benefit of the Assignees.

  • The effectiveness of this Agreement is conditioned upon (a) the execution and delivery of this Agreement by the Lead Lenders and the Lenders, (b) the execution, delivery and effectiveness of the Loan Assignments and the Loan Documents by the Lead Lenders, and (c) the payment of the Participation Interest by Lenders to the Lead Lenders, which payment shall be made by Lenders to Lead Lenders as Loans are funded in the Participation Pool.

  • It is the intent of the parties hereto that, as of the Effective Date, the Assignors shall relinquish all of their rights and be released from all of their obligations under the Loan Documents for all of the Loans in the Participation Pool to the extent that such rights have been assigned to, and such obligations have been assumed by, the Assignees pursuant to the terms hereof.

  • Each of the Assignors agrees to provide to ▇▇▇▇▇ Financial, for the benefit of the Assignees, upon reasonable request but in no event more frequently than once a month, a statement of all payments received in respect of the Loans in the Participation Pool.

  • Artist Profit Participation Pool The 60% of the Net Profits and 18% of Sponsorship Proceeds.

  • The Writer’s Share is 22.5% of the Artist Profit Participation Pool.


More Definitions of Participation Pool

Participation Pool means those "Loans" identified on Exhibit "A" attached hereto in which "Lenders" shall acquire "Participation Interests", as such Participation Pool may be periodically modified in accordance with this Agreement.
Participation Pool means [*]
Participation Pool means those "Loans" identified on Exhibit "A" attached hereto in which "Lenders" shall acquire up to Thirty-seven Million Six Hundred Fifty Thousand Dollars ($37,650,000) of "Participation Interests", as such Participation Pool may be periodically modified in accordance with this Agreement.

Related to Participation Pool

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • L/C Participation shall have the meaning provided in Section 3.3(a).