SAC Agreement definition
Examples of SAC Agreement in a sentence
In order to establish a mechanism for overseeing certain aspects of the relationship created as a result of the Restructuring, at the Closing LMAES and the MMT Subsidiary shall enter into the SAC Agreement.
Until the later of (i) the dissolution of the New LLC pursuant to Article X of the New LLC Agreement and (ii) the dissolution of the SAC LLC pursuant to Article X of the SAC Agreement, neither Party shall sell, transfer any interest in or take any other action that would cause any change of control of any member of the New LLC or SAC LLC controlled by such Party, without the prior written consent of the other Party.
A disagreement on the interpretation of the Signatory Agency Committee (SAC) Agreement (any signature agency can initiate this issue resolution process).