Definition of POAC


POAC means Prime Outlets Acquisition Company LLC, a Delaware limited liability company.
Sample 1

Examples of POAC in a sentence

LVP and POAC agree to be responsible for any breach of this Agreement by the representatives of LVP or POAC.
In the event that LVP and POAC fail to pay ARP any amount due pursuant to this Agreement on the date such amount is due, or, if no due date is specified herein, within five (5) days after demand by ARP for such payment, then such past due amount shall bear interest from such due date or the date demand for payment is made, as applicable, until the date paid at a rate equal to 15% per annum.
LVP and POAC represent to ARP that the list of Properties on Schedule A hereto is correct and complete and that the Properties are owned indirectly by POAC.
In the event of any breach by LVP or POAC of any of its covenants in this Agreement, LVP and POAC shall be jointly and severally liable to pay, and shall pay, all of ARP's costs of enforcement of its rights under this Agreement, including but not limited to reasonable attorneys' fees, disbursements, expenses and court costs.