ARTICLE TWELVE definition

ARTICLE TWELVE. Each time an election of the Board of Directors occurs at an Annual Shareholders' Meeting, a President shall be elected from among its members. Likewise, a Director shall be designated to act for the President in his absence or inability, and shall hold the title of Vice President.

ARTICLE TWELVE. LEGAL COSTS Section 12.01.

ARTICLE TWELVE. LANDLORD'S CONTRACTUAL LIEN [DELETED] ARTICLE THIRTEEN: PROTECTION OF LENDERS

Examples of ARTICLE TWELVE in a sentence

• If any Change Order causes an increase or decrease in the Contract Price or an extension or shortening of the Contract Time, an equitable adjustment will be made as provided in ARTICLE TWELVE or ARTICLE THIRTEEN.

• Any person or entity purchasing or otherwise acquiring any interest in any shares of the Corporation shall be deemed to have notice of and to have consented to the provisions of this ARTICLE TWELVE.

• No amendment or repeal of this ARTICLE TWELVE shall apply to or have any effect on the liability or alleged liability of any officer, director or stockholder of the Corporation for or with respect to any opportunities of which such officer, director, or stockholder becomes aware prior to such amendment or repeal.

• Any person or entity purchasing or otherwise acquiring or holding any interest in shares of capital stock of the Corporation (including, without limitation, shares of Common Stock) shall be deemed to have notice of and to have consented to the provisions of this ARTICLE TWELVE.

• Information to Be Provided by the Owner Trustee 35 ARTICLE TWELVE MISCELLANEOUS Section 12.01.

More Definitions of ARTICLE TWELVE

ARTICLE TWELVE. The terms "issue" and "descendant" as used herein are intended to include persons whose relationship results solely from adoption while under the age of eighteen years.

ARTICLE TWELVE shall refer to the applicable Section or Article of this 1999-A SUBI Supplement, (v) the term "include" and all variations thereof shall mean "include without limitation", (vi) the term "or" shall mean "and/or", (vii) the term "proceeds" shall have the meaning ascribed to such term in the UCC, (viii) the phrase "Origination Trustee, acting on behalf of the Origination Trust," or words of similar import, shall be deemed to refer to the Origination Trustee, acting on behalf of the Honda Lease Trust and all beneficiaries thereof, and (ix) the phrase "1999-A Owner Trustee, acting on behalf of the 1999-A Securitization Trust," or words of similar import, shall be deemed to refer to the 1999-A Owner Trustee, acting on behalf of the Honda Auto Lease Trust 1999-A and all beneficiaries thereof.

ARTICLE TWELVE. ARC System BETA Test performance and results shall be assessed and evaluated by LCC International, Inc., the same Telecommunications Systems Performance Auditing firm recommended by Americel, and employed by Platforms to independently assess and report on the results of the ARC System ALPHA Test, LCC International's findings and assessments on the ARC System BETA Test performance vs. the Test benchmarks and System Performance specifications set forth in Exhibit - C, shall be final and conclusive.

ARTICLE TWELVE. Licence Improvements Section 12.01 Patent Improvements by Licensor 15 12.02 Patent Improvements by Licensee or Affiliate 15-16 12.03 Consultation with Licensor 16 Article Thirteen: Sample and Parts Section 13.01 Purchase of Units from Licensee 16 Article Fourteen: Non-Competition Section 14.01 Non-Solicitation and Non-Competition 16-17 Article Fifteen: Termination Section 15.01 Termination by Licensor 17-18 15.02 Termination by Licensee 18 15.03 Force Majeure 18 15.04 Results of Termination or Expiry 18-19 Article Sixteen: Insurance Section 16.01 Disclaimer of Liability 19 Article Seventeen: General Section 17.01 Governing Law 19 17.02 Arbitration 19-20 17.03 Notice 20 17.04 Assignment and Change of Control 20-21 17.05 Waiver 21 17.06 Funds 21 17.07 No Partnership 21 17.08 Severability 21 17.09 Counterparts 21 17.10 Facsimile 21 17.11 Successors and Assigns 21

ARTICLE TWELVE. ADDRESSES: The parties hereunder indicate their addresses:

ARTICLE TWELVE. Sinking Funds Section 1201. Applicability of Article.................................. 57 Section 1202. Satisfaction of Sinking Fund Payments with Securities..... 58 Section 1203. Redemption of Securities for Sinking Fund................. 58 ARTICLE THIRTEEN Meetings of Holders of Securities Section 1301. Purposes for Which Meetings May Be Called................. 58 Section 1302. Call, Notice and Place of Meetings........................ 58 Section 1303. Persons Entitled to Vote at Meetings...................... 59

ARTICLE TWELVE. LESSEE'S OPTION TO PURCHASE; LESSOR'S RIGHT OF FIRST REFUSAL .............................. 24 Section 12.01. LESSEE'S OPTION TO PURCHASE THE LAND .................... 24 Section 12.02. LESSOR'S RIGHT OF FIRST REFUSAL ......................... 25 Section 12.03.