AMAC definition
Examples of AMAC in a sentence
Invoices received after this time-limit will not be honored by AMAC.
Any such Certificateholder desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and AMAC against any liability that may result if the Transfer is not so exempt or is not made in accordance with such federal and state laws.
The Purchaser further understands that neither AMAC nor the Trust is under any obligation to register the Purchased Certificates or make an exemption available.
AMAC is not obliged to accept a delivery before the delivery date set in the PO.
This notification shall not authorize or excuse any delay unless AMAC provides a written approval.
In the event of termination by AMAC as the result of Supplier's default, AMAC may purchase or manufacture similar supplies and/or require Supplier to transfer title and deliver to AMAC any or all Supplies or component parts thereof produced or procured by Supplier under the PO, and Supplier shall be liable to AMAC for any excess cost to AMAC in generating or procuring conforming Supplies.
Unless specified in the PO, Suppliers without an approved aviation authority approval must deliver to AMAC certification of conformity documentation.
In case of late delivery AMAC is entitled to demand liquidated damages in the amount of 1% of the contract value per day.
The Supplier shall not withhold delivery of any Supplies under a particular Purchase Contract for disputed or unpaid amounts by AMAC under any other Purchase Contract with the Supplier.
In no event shall AMAC be liable for any claim for an increase in price after payment for the Supplies.