Madacy definition
Examples of Madacy in a sentence
Notwithstanding the foregoing, in the event that the distribution to Madacy sp Inc.
In the event that either or both of the Minimum Financial Objectives have not been satisfied, Madacy shall have the right (but not the obligation) to renew the License on a year-by-year basis.
Madacy shall be furnished with a copy of MediaNet's auditor's report within thirty (30) days after the completion of such report.
Madacy acknowledges that by virtue of the CIK Transaction, the License shall be a direct license to Traffix in addition to EZ LP.
Within 30 (30) days after the full execution of this Agreement, MediaNet shall deliver to Madacy those program masters set forth in Schedule A attached hereto and made a part hereof (hereinafter the "Masters"), which MediaNet acknowledges to be commercially acceptable and in technically satisfactory condition so that Video Devices of technically acceptable quality may be manufactured there from.
In the event that the Masters, upon initial delivery or any subsequent delivery permitted by Madacy, are technically unsatisfactory, as determined by Madacy in its sole and absolute discretion, Madacy shall have the right and shall be entitled to rescind this Agreement and the parties hereto shall have no further rights or obligations hereunder or otherwise to each other.
Madacy will make available, as part of the continuing License, all new recordings which it is entitled to make available (ie.
Section 10.02 is hereby deleted and replaced with the following: Indemnification by Madacy.
Madacy is a corporation duly organized, validly existing and in good standing under the laws of Canada and has all requisite power and authority to operate its business as and where presently being conducted.
Without limiting the generality of the foregoing, all obligations with respect to the Videos, and the production, distribution and exploitation thereof, including, but not limited to salaries, royalties, license fees, service charges, residuals, laboratory charges, fees and costs associated with the use of music have been or will be fully paid by MediaNet, and Madacy will have no responsibility therefore.