Common use of Owner-Operator Program Clause in Contracts

Owner-Operator Program. the financing program available to independent owner- operators from a Borrower in the Ordinary Course of Business providing for the financing by such Borrower solely of the purchase price and interest obligations for the conditional sale or lease of Lease Pool Rolling Stock used by such owner-operator for providing services to Borrowers.

Appears in 2 contracts

Sources: Loan, Security and Guaranty Agreement (Transport America, Inc.), Loan, Security and Guaranty Agreement (Transport America, Inc.)