Maquila Program definition

Maquila Program means an IMMEX (Industria Manufacturera, Maquiladora y de Servicios de Exportación) authorization granted to an entity by the Mexican Department of the Economy based on the Mexican Decree published in the Mexican Official Gazette, known in Spanish as the “Decreto para el fomento de la industria manufacturera, maquiladora y de servicios de Exportación,” or any IMMEX or Maquila Decree prior to the foregoing.
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Maquila Program means a program which (i) permits foreign investment participation and management of a Mexican corporation and (ii) provides the Mexican corporation the benefit of special customs treatment for the import of inventory and equipment on a temporary basis."
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Maquila Program shall have the meaning set forth in Section 3.29 of this Agreement.
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Examples of Maquila Program in a sentence

  • Mr. Carroll addressed the Board again, to reply to Board member, Mr. Synalovski’s comments and privileges and limitations of a CGC and CBC and discussed some options.

  • All machinery, equipment, tools, spare parts, raw materials and other assets which according to Monterrey's books and records were imported under the Maquila Program, have been appropriately imported thereunder according to applicable laws and are held and used by Monterrey within Mexico in accordance with the terms thereof and all applicable laws.

  • Buyer and Seller acknowledge and agree that all tangible assets owned by either Monterrey or Seller and located in Mexico shall remain in the possession of Monterrey as contemplated by the Maquila Program and the Maquila Agreement.

  • Each Chapter shall appoint two Ordinary Members of the Association from the individuals elected, to serve as members of the Regional Council in the Region in which the Chapter is located.

  • As used herein, the term "Force Majeure" shall mean (i) an elimination of the Maquila Program which results in the termination of operations in Reynosa of 35% of the companies holding Maquila permits at the time of such program elimination, and (ii) acts of God, strike, riot, shortages of labor or materials, war, acts of terrorism or any other causes of any kind whatsoever which are beyond such party's reasonable control.

  • Any temporary imports of raw materials, machinery and equipment have been carried out in material compliance with the terms and conditions set forth in the Maquila Program, the Maquila Decree and with any other Applicable Laws.

  • The Maquila Program is in full force and effect and there is no action or, threatened action by any authority to suspend, cancel or revoke the Maquila Program.


More Definitions of Maquila Program

Maquila Program shall have the meaning set forth in Section 3.2(b).
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Maquila Program has the meaning set forth in Section 4.9(e).
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Maquila Program means the Decreto que otorga estímulos fiscales a la industria manufacturera, maquiladora y de servicios de exportación, published in the Federal Official Daily in Mexico on December 26, 2013.
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Related to Maquila Program

  • Collaborative pharmacy practice agreement means a written and signed

  • Pilot program means the pilot program identified and funded through the Funding Agreement and described in that Funding Agreement and its attachments.

  • CRAF Program means the Civil Reserve Air Fleet Program authorized under 10 U.S.C. Section 9511 et seq. or any similar or substitute program under the laws of the United States.

  • AML Program has the meaning ascribed thereto in Schedule 2.1(F)(8) hereof.

  • Marketing program means a program established by order of the director pursuant to this act prescribing rules and regulations governing the marketing for processing, distributing, selling, or handling an agricultural commodity produced in this state or agricultural commodity input during a specified period and

  • Loan Program means the State Treasurer’s Interest-Free Loan Program for Colorado School Districts authorized pursuant to the Loan Program Statutes.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • E-Verify Program above means the employment verification program administered by the United States Department of Homeland Security, the Social Security Administration, or any successor program.

  • Education program means any program that is principally engaged in the provision of education, including, but not limited to, early childhood education, elementary and secondary education, postsecondary education, special education, job training, career and technical education, and adult education, and any program that is administered by an educational agency or institution.

  • Apprenticeship program means a program registered with the U.S. Department of Labor, Office of Apprenticeship, which includes terms and conditions for the qualification, recruitment, selection, employment, and training of apprentices, including the requirement for a written apprenticeship agreement.

  • Collaborative pharmacy practice means a practice of pharmacy whereby one or

  • Supply Plan has the meaning set forth in the CAISO Tariff.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Manufacturing and Supply Agreement means the Manufacturing and Supply Agreement by and between Biogen and Bioverativ, in the form attached hereto as Exhibit C.

  • Educator preparation program means a planned sequence of academic courses and experiences leading to a recommendation for licensure by the State Board.

  • Development Plans means a coherent set of operations defined and financed exclusively by the OCTs in the framework of their own policies and strategies of development, and those agreed upon between an OCT and the Member State to which it is linked;

  • Pension program means the defined benefit pension program of the Oregon Public Service

  • Manufacturing Agreement has the meaning set forth in Section 4.3.

  • Grant program means the primary care and psychiatry shortage grant program under this section.

  • Development order means any order granting, denying, or granting with conditions an application for a development permit.

  • Federal work authorization program means any of the electronic verification of work authorization programs operated by the United States Department of Homeland Security or any equivalent federal work authorization program operated by the United States Department of Homeland Security to verify information of newly hired employees, pursuant to the Immigration Reform and Control Act of 1986 (IRCA), D.L. 99-603.

  • low protein modified food product means a food product that is specially formulated to have less than one gram of protein per serving and is intended to be used under the direction of a Practitioner for the dietary treatment of an inherited metabolic disease, but does not include a natural food that is naturally low in protein; and

  • Educational program means a program for educating and preparing physician assistants which is approved by the board.

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • Registered apprenticeship program means an apprenticeship program which is registered with and approved by the United States Department of Labor and which provides each trainee with combined classroom and on-the-job training in an occupation recognized as an apprenticeable trade and meets the program standards of enrollment and graduation under 29 C.F.R. s.29.6.

  • Prescription monitoring program “PMP,” or “program” means the program established pursuant to 657—Chapter 37 for the collection and maintenance of PMP information and for the provision of PMP information to authorized individuals.