Petrobras Pool definition

Petrobras Pool means (i) to the extent that Petrobras Litigation Awards are settled in Stapled Securities or Common Stock, then the total number of units of Stapled Securities or shares of Common Stock actually required to satisfy the Company’s obligations with respect to such stock-settled Petrobras Litigation Awards (as set forth in Section 9.1 herein), or (ii) if no Petrobras Litigation Awards are settled in Stapled Securities or Common Stock, then zero.
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Petrobras Pool has the meaning set forth in the Offshore Group Investment Limited 2016 Management Incentive Plan.
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Petrobras Pool has the meaning set forth in the Management Incentive Plan.
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Examples of Petrobras Pool in a sentence

  • In lieu of all or any portion of the Petrobras Pool, the Company may grant Petrobras Litigation Awards under the Plan in cash in an aggregate amount (together with any Petrobras Pool) up to the Petrobras Proceeds.

Related to Petrobras Pool

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Consolidated Total Funded Debt means, as of the date of determination, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.