AMACAR Owner definition
AMACAR Owner means AMACAR in its capacity as equity owner of the Seller pursuant to the Seller’s operating agreement and related management agreement, each in form and substance reasonably satisfactory to the Administrator and relating to the creation of the Seller in connection with the transactions contemplated by this Agreement and the other Transaction Documents.
Examples of AMACAR Owner in a sentence
The Seller shall not, without the prior written consent of the Administrator and each Purchaser Agent, permit itself (i) to merge or consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to, any Person or (ii) to be owned by any Person other than the AMACAR Owner, Patriot or an Affiliate of Patriot.