Article 11 Sample Clauses
Article 11 typically establishes the rules and procedures for amending or modifying the agreement. In practice, this clause outlines who must consent to changes, the form that amendments must take (such as requiring written approval), and any exceptions or limitations to the amendment process. Its core function is to ensure that all parties clearly understand how changes to the agreement can be made, thereby preventing unauthorized or informal modifications and reducing the risk of future disputes.
Article 11. Pursuant to Article 11(2) of the Code, but subject to subsection (c), each of the. parties to this Agreement involved in a dispute shall have the right to appoint one (1) arbitrator, with the Chairperson and, if required for a five (5) member board, any remaining arbitrator (collectively the "independent arbitrators") to be appointed by the arbitrators appointed by the parties;
Article 11. Without limiting the provisions of Section 12.1, the Board of Trustees of the Trust may, by resolution duly adopted, without shareholder approval (except as otherwise required by Article 11 or required by applicable law), amend Article 11 to (a) reflect any amendments thereto which the Board of Trustees of the Trust is entitled to adopt pursuant to the terms of Article 11 without shareholder approval or (b) add additional series of AMPS or additional shares of a series of AMPS (and terms relating thereto) to the series and AMPS described herein, provided that the Board of Trustees shall not authorize, create or issue an additional series of AMPS unless it has received assurance from Moody’s, F▇▇▇▇ Ratings and from any other Rating Agency then rating the AMPS that such authorization, creation or issuance will not impair such Rating Agency’s then current rating thereof. Each such additional series and all such additional AMPS shall be governed by the terms of Article 11.
Article 11. 1.1: Add “and Owner” after “Architect in first line. After “Architect” in line two, insert: “…, and approved by the Owner…”