Pool 1 definition

Pool 1. The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool 1.

Pool 1. The portion of the Mortgage Pool identified as [Pool 1].

Pool 1 means a type of funding allocation from WCCLS to all Contractors, used in a prior agreement that expired June 30, 2022, set forth in EXHIBIT B “Prior Agreement.”

Examples of Pool 1 in a sentence

• As supplemented by this Terms Document, each of the Indenture, the Asset Pool 1 Supplement and the Indenture Supplement is in all respects ratified and confirmed and the Indenture as so supplemented by the Asset Pool 1 Supplement as so supplemented by the Indenture Supplement as so supplemented and this Terms Document shall be read, taken and construed as one and the same instrument.

• All allocations and distributions made between and with respect to Pool 1 and Pool 2 in this Section shall be made concurrently.

• Contractor X may now elect to be considered for Pool 1 assuming they can qualify as a small business for that Pools.

• For example, if Contractor X in OASIS SB Pool 1 ($15M size standard), can no longer certify as a small business under the $15M size standard, Contractor X may elect to be considered for OASIS Pool 1 as a large business.

• The Pool 1 Net Funds Cap, the Pool 2 Net Funds Cap or the Subordinate Net Funds Cap, as the context requires.

More Definitions of Pool 1

Pool 1. The portion of the Mortgage Pool identified as Pool 1.

Pool 1. The pool of Mortgage Loans, identified in Section A of Schedule 1 from time to time, and any REO Properties acquired in respect thereof.

Pool 1. Not applicable.

Pool 1. Pool 2" and "Pool II" in the Warranties and Servicing Agreement are hereby deleted.

Pool 1. The pool consisting of the Pool 1 Mortgage Loans, and representing approximately 36.8% of all of the Mortgage Loans held in the Trust Fund.

Pool 1. The meaning set forth in the Trust Agreement.

Pool 1 has the meaning given to such term in Recital B above.