Quarry. an open-cut operation for mining coal, ores, and nonmetallic materials. In the coal industry the quarry is called a pit, and in ore mining it is sometimes referred to as a mine. The word âquarryâ is also used for the excavations created by open-cut operations.
About the AG. Master Settlement Agreement. Under the Master Settlement Agreement, seven tobacco companies agreed to change the way they market tobacco products and to pay the states an estimated $206 billion.
The master agreement is a document agreed between two parties that sets out standard terms that apply to all the transactions entered into between those parties. Each time that a transaction is entered into, the terms of the master agreement do not need to be re-negotiated and apply automatically.Although it is often viewed as a tool for banks and financial institutions, the Master Agreement is widely used by a wide variety of counterparties.ection 2(d) of the ISDA Master Agreement contains provisions setting out the consequences if a tax is imposed on a payment required to be made by a party under a transaction. Included is a gross-up obligation for certain Indemnifiable Taxes.