Examples of Pooling Period in a sentence
Notwithstanding the existence of the Pooling Arrangement, any net earnings of ELAC during the period from the Effective Date until the date the Pooling Arrangement is terminated (the "Pooling Period") shall be treated as an Asset, and all losses and the consequences thereof shall be treated as an Assumed Liability, for purposes of this Agreement.
In the event that the Microsoft Controlled Video Platform Device continues to be capable of Purchase and Request Transaction Services as of the first anniversary date of the Pooling Period, Wink shall continue to pay Microsoft the difference between the Revenue Share and the Annual Revenue Guaranty on an annual basis as set forth above until such time as Microsoft has been paid [*] for such Microsoft Controlled Video Platform Device.
Such payments shall be remitted each year within thirty (30) days of the twelve (12) month anniversary date of the applicable Pooling Period applicable to such device.
Each Microsoft Controlled Video Platform shall be assigned a Pooling Period based on the date such device was Activated for Wink.
On the first anniversary date of the end of the Pooling Period (twelve (12) months after the end of the Pooling Period), Wink shall pay Microsoft the difference, if any, between the total amount of the Revenue Share paid to Microsoft with respect to such Microsoft Controlled Video Platform Device during the previous twelve (12) months and the Annual Revenue Guaranty.