Distribution of Pool Clause Samples

The 'Distribution of Pool' clause defines how the assets, funds, or benefits collected in a shared pool are allocated among the entitled parties. Typically, this clause outlines the method and timing of distributions, specifying whether allocations are made proportionally, equally, or according to another formula, and may address conditions such as deductions for expenses or priority payments. Its core practical function is to ensure transparency and fairness in the division of pooled resources, preventing disputes by clearly setting out the rules for distribution.
Distribution of Pool. The Players’ pool shall be distributed to the Players, by Club, as follows: World Series Winner 36% World Series Loser 24% League Championship Series Losers (2) 24% Division Series Losers (4) 13% Wild Card Losers (2) 3% Distribution of the Players’ pool shall be made to the Players within 30 days after the completion of the World Series, unless for good cause the Parties agree to extend the period.
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Distribution of Pool. 1. If available monies in the Pool are enough to cover all excess expenses of Employees, then the Pool will be distributed to cover each Employee's respective educational expenses beyond their normal $1,000.00 annual allowance. Example: At the end of the Fiscal Year, there is $1,000 available in the pool. Employee (A) spent $1,400 and Employee (B) spent $1,600 during the same fiscal year. Therefore, Employee (A) would be able to access $400 and Employee (B) would access $600 of the Pool to cover their respective educational expenses that are beyond their normal annual allowance. 2. If available monies in the Pool are not enough to cover all excess educational expenses of Employees, then the distribution of the Pool will be proportionate to each individual employee's respective expenses in relation to total extra expenses accrued by all Employees. Example: There is $1,000 in the Pool. Four
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Distribution of Pool. The Players' pool shall be distributed to the Players, by Club, as follows:
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Related to Distribution of Pool

  • Distribution of Funds Deliver (i) to Seller, or order, the cash portion of the Purchase Price, adjusted for prorations, charges and other credits and debits provided for herein; and (ii) to Buyer, or order, any excess funds delivered to Escrow Agent by Buyer. Such funds shall be delivered by wire transfer or cashier’s check in accordance with instructions for Seller and Buyer; if no instructions are given, Escrow Agent shall deliver such funds by Escrow Agent’s check via overnight courier (or as otherwise requested by the intended recipient) to the appropriate party at the address set forth for notice in this Agreement.

  • Distribution of UDP and TCP queries DNS probes will send UDP or TCP “DNS test” approximating the distribution of these queries.

  • Distribution of Profits Any and all net income accruing to the Joint Venture shall be distributed equally to the Parties.

  • DISTRIBUTIONS AFTER DISSOLUTION Upon dissolution, the Company must pay its debts before distributing cash, assets, or capital to the Member or the Member’s interests. The Member agrees that any distributions occurring after the dissolution of the Company will follow the process outlined in this Agreement and Section ▇▇-▇▇-▇▇▇ of the Act.

  • Distribution of Agreement The Employer agrees to make available to each employee a copy of this Agreement and to provide a copy of the same Agreement to all new employees entering the employment of the Employer.