MARC. The Company agrees to apply for membership in the Mutual Aid and Restoration Consortium (“MARC”) and if accepted for such membership, to execute the then applicable MARC agreement, and be fully active in MARC activities, including participation in MARC alerts, drills, and meetings.
MARC will not participate in gross annual premiums and policy fees paid by the policyholder, expense charges, cash values, accumulation fund amounts, dividends, nor any benefits not expressly referred to herein.
MARC. Minimum Annual Revenue Commitment (“MARC”) means an annual revenue commitment of XXXX-Xxxxxxxx Charges set forth in a Pricing Schedule that Customer agrees to satisfy during each 12 consecutive month period of the Pricing Schedule Term. At the end of each such 12 month period, if Customer has failed to satisfy the MARC for the preceding 12 month period, Customer will be invoiced a shortfall charge in an amount equal to the difference between the MARC and the total of the applicable MARC-Eligible Charges incurred during the 12 month period, and payment will be due in accordance with Section 4.4 (Payments).
MARC. MARC shall perform or cause to be performed the services set forth in Exhibit 2, which is attached hereto and incorporated herein by this reference.
MARC. If Company fails to satisfy an agreed MARC for any such 12-month period, Company will pay a shortfall charge in an amount equal to the difference between the MARC and the total of the applicable MARC-Eligible Charges incurred during such 12-month period, and AT&T may withhold contractual credits until Company pays the shortfall charge. For the purpose of this Clause 11.7, would only consider those past due invoices that are associated with services related to this Agreement and that actually contribute to the MARC of this Agreement
MARC. Not Applicable. XXXX under this Pricing Schedule
MARC shall maintain and cause its AFFILIATES, and sublicensees, to maintain, complete and accurate books and records which enable the royalties, fees, and payments payable under this AGREEMENT to be verified. The records for each CALENDAR QUARTER must be maintained for five (5) years after the submission of each report under this Article 3. Upon not less than thirty (30) days prior written notice to MARC, MARC shall provide an independent auditor selected by FOUNDATION and subject to the approval of MARC, which approval shall not be unreasonably withheld or delayed, with access to all books and records relating to the SALES of FOUNDATION LICENSED PRODUCTS by MARC and its AFFILIATES, and sublicensees, to conduct a review or audit of those books and records. Access to these books and records pertaining to NET SALES must be made available no more than once each calendar year, during normal business hours, and once each year during each of the five (5) years after expiration or termination of this AGREEMENT. This paragraph shall survive termination of this AGREEMENT.
MARC shall procure and maintain and cause its AFFILIATES, and sublicensees, to procure and maintain a policy or policies of comprehensive general liability insurance, including broad form and contractual liability, in a minimum amount of $1,000,000 per incident and $10,000,000 annual aggregate as respects personal injury, bodily injury and property damage arising out of MARC's performance of this AGREEMENT.
MARC. Munich Re Group
MARC. Munich Re Group Exhibit VI List of Amendments Universal Life Each "List of Amendments" (monthly, quarterly, or annual) should show details for each policy for which any transaction (see codes 4--12 below) occurred which has an effect on either the Reinsurance Death Benefit or reinsurance premium. The basic policy details to be shown include the following:
