MACI definition
Examples of MACI in a sentence
MACI is semi dependent upon annual operating grants from the Cayman Islands Government to meet its Obligations.
The Cabinet of the Cayman Islands Government committed to increasing the Paid-Up Capital of MACI to a minimum of $1,500,000 by the year 2008, by yearly equity injections.
The Financials for MACI provide comparable forecasted information for year on year performance for June 30 2015.
MACI is responsible for the registration of vessel and the collection of the related fees which are paid over to the Cayman Islands Government.
From time to time, MACI discloses to the Recipient the Confidential Information as ▇▇▇▇ ▇▇▇▇▇ necessary for the Recipient’s quotation on its products and/or parts to be considered being purchased by MACI.
Each of Merck, MACI and OSI may, at any time, terminate the rights granted to it hereunder by notice to the other parties, but any such termination shall not terminate the rights granted to the other parties hereunder.
OSI shall have no obligation to transfer any know-how, materials, technology or information to Merck or MACI, or to perform any research, manufacturing or other services under, or in connection with, this Agreement.
There shall be one combined Program for Carticel® and MACI, and any references to the “Program” in this Exhibit B shall mean such combined Program, and any reference to “Product” shall mean Carticel® or MACI as applicable.
Merck and MACI shall have the sole right (but not obligation) to bring and control, at their own expense, any infringement action against any person or entity infringing the Merck Patents, and any recovery realized as a result of such action shall belong to Merck and/or MACI.
The Maritime Authority of the Cayman Islands (MACI) is a statutory corporation formed as a separate legal entity under the Maritime Authority of the Cayman Islands Law (2005) which came into effect on July 1, 2005.