WMAC definition
Examples of WMAC in a sentence
Six members representing Canada, the Government of the Northwest Territories and the Inuvialuit, form the WMAC (NWT) together with its Chair.
The guaranties or indemnification undertakings given by Madison, CLIC and/or WMAC Credit referenced in the definition of Contingent Obligation are obligations of Madison, CLIC or WMAC Credit, as the case may be, without recourse to the Company.
The WMAC (NWT) considers the development, design, conduct, and interpretation of research on the basis of both Inuvialuit and scientific knowledge.
Central to the WMAC (NWT)’s activities has been the production of the Inuvialuit Renewable Resources Conservation and Management Plan.
Any distribution or allocation to be made hereunder shall be made as if neither BH Finance nor WMAC had any Affiliated Members, shall be made as BH Finance or WMAC directs to one Member as agent for all BH Finance or WMAC Affiliated Members, as applicable, and thereafter BH Finance or WMAC, as applicable, shall be responsible for apportioning such distribution among their respective Affiliated Members, if any, according to their respective Interests.
Notwithstanding the foregoing, WMAC and its Affiliates hereby waive any opportunity to acquire any portion of the 7.5% Senior Secured Notes Maturing 2009 with Contingent Interest due 2016 of FNV that BH Finance or its Affiliates may acquire pursuant to a tender offer in accordance with the plan of reorganization.
The Wildlife Management Advisory Council (NWT) (WMAC (NWT)) is the co- management body responsible for terrestrial wildlife in the Inuvialuit Settlement Region.
Per approval at the February 2, 2016 Board Meeting, and letter from WMAC entitled, “Proposed Redline for Rate & Contract Amendment 10 – Bag it Bags” dated February 15, 2016, Article 6.
WMAC further agrees to authorize the issuance of warrants to purchase up to 600,000 shares of WMAC common stock, such warrants to be issued by WMAC at the direction of the Agency to the employees of and designated by the Agency, on such terms and conditions that are set forth in that certain warrant form attached hereto as Exhibit A, and by this reference made a part hereof, and such other terms and conditions, if any, to which the Agency and WMAC may hereafter agree.
This Consensus Agreement was informed by the Species at Risk Committee’s assessment and reasons for assessment, the approved species status report, the review of the national recovery strategy and NWT addition, public input (solicited by the Management Authorities), the results of consultation undertaken by WMAC (NWT) and the results of GNWT engagement with Indigenous governments and Indigenous organizations.