MAC Agreement definition
Examples of MAC Agreement in a sentence
Other than with respect to Capital Contributions relating to the Initial MAC Support Amount, which shall be governed by Section 2.3 and the MAC Agreement, in the sole discretion of the Board, the Company may offer the Members the opportunity to make additional Capital Contributions to the Company in proportion to their respective Additional Capital Contribution Percentages.
Notwithstanding anything to the contrary in this Agreement, Capital Contributions relating to the Initial MAC Support Amount shall be made in accordance with the MAC Agreement, including in the event that any Member agrees to bear one hundred percent (100%) of the MAC Losses by entering into an Exclusive MAC Support Agreement (as defined in the MAC Agreement).
This Alabama Association of Fire Chiefs [AAFC] Mutual Aid Consortium [MAC] Agreement includes all Alabama fire departments who have ratified this agreement pursuant to Section VII of this document.
In 2016, the Yinhawangka People, IBN Corporation Pty Ltd, BNTAC and BHP Billiton entered into a deed (called the Deed of Covenant) about the way in which the Yinhawangka People agree to comply with the terms of the IBN MAC Agreement.
Clause 14 of the IBN MAC Agreement applies, with any necessary amendments, to the deed and its terms and conditions.
This Alabama Association of Fire Chiefs (AAFC) Mutual Aid Consortium (MAC) Agreement includes all Alabama fire departments who have ratified this agreement pursuant to Section VII of this document.
These benefits shall be in addition to (i) any basic or optional life insurance benefits available under the Company's Group Insurance Plan, (ii) the death benefits provided under the Company's Pilot Retirement Benefit Plan, and (iii) the death benefits provided under Section 10.A. of this MAC Agreement.
THIS MAC Agreement shall run concurrently with the Basic Agreement and subject to the provisions of Section 26 thereof.
A term (other than a term defined in clause 1.1 of this deed) that is defined in the IBN MAC Agreement Sub Fund Agreemtn has the same meaning as in the IBN MAC Agreement Yinhawangka Sub Fund Agreement.