Pooling election definition

Pooling election means the statutory combination of interests which affords owners the right to choose between participating in the drilling of a well or accepting royalty payments.

Related to Pooling election

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.