Article Eight definition
Article Eight or "Section 8.01" shall refer to the applicable Article or Section of this 2003-A Servicing Supplement, (v) the term "include" and all variations thereof shall mean "include without limitation", (vi) the term "or" shall include "and/or", (vii) the term "proceeds" shall have the meaning ascribed to such term in the UCC, (viii) in the computation of a period of time from a specified date to a later specified date, the word "from" shall mean "from and including" and the words "to" and "until" shall mean "to but excluding" and (ix) the phrase "Trustee on behalf of the Trust," or words of similar import, shall, to the extent required to effectuate the appointment of any Co-Trustee pursuant to the Titling Trust Agreement, be deemed to refer to the Trustee (or such Co-Trustee) on behalf of the Titling Trust. Any reference in this 2003-A Servicing Supplement to any agreement means such agreement as it may be amended, restated, supplemented (only to the extent such agreement as supplemented relates to the Notes), or otherwise modified from time to time. Any reference in this 2003-A Servicing Supplement to any law, statute, regulation, rule, or other legislative action shall mean such law, statute, regulation, rule, or other legislative action as amended, supplemented, or otherwise modified from time to time, and shall include any rule or regulation promulgated thereunder. Any reference in this 2003-A Servicing Supplement to a Person shall include the successor or assignee of such Person.
Article Eight. DAMAGE OR DESTRUCTION
Article Eight. Turnaround for an Event 8 Article Ten: Payment of Wages, Benefits, and Dues 8
Examples of Article Eight in a sentence
Subject to Article Eight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence.
Subject to compliance with this Article Eight, the Company may exercise its option under this Section 8.02 notwithstanding the prior exercise of its option under Section 8.03 hereof.
Except in connection with a consolidation, merger or sale involving the Depositor that is permitted under Article Eight of the Indenture and pursuant to which the assignee agrees in writing to perform the Depositor's obligations hereunder, the Depositor shall not assign its obligations hereunder.
Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and except for money held in trust under Article Eight of this Indenture.
Nothing contained in this Article Eight shall abrogate any of the obligations or duties of the Trustee under this Indenture.
More Definitions of Article Eight
Article Eight shall refer to the applicable Section or Article of this 1999-A Servicing 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 Eight. Fringe Rates
Article Eight. A new number 12 is added to Article 47B of the Panama Canal Authority Acquisition Regulations, which shall read as follows:
Article Eight. In the event the ARC System BETA Test results in Brazil meet the Test Plan and Performance Qualification Specifications outlined in Exhibit C, Americel shall proceed to place an initial lease order with Platforms for up to FIVE (5) ARC Systems under a "Favored Nation" ten-year lease price of TWELVE MILLION (USD $12,000,000.00) DOLLARS plus: (i) System Maintenance and Operations fees of FIVE HUNDRED THOUSAND (USD $500,000.00) DOLLARS per month; and (ii) an EIGHT (8%) PERCENT participation share on the gross revenues to be generated from cellular telecommunications and associated wireless services to be provided by Americel S/A using the Platforms International Airborne Relay Communications ARC System.
Article Eight. MISCELLANEOUS PROVISIONS.............................................................17 8.1 Dividends............................................................................17 8.2 Reserves.............................................................................17
Article Eight. In the Event of any default by Borrower under the Loan Contract for Entrusted Loan, Party B shall diligently pursue all claims or other rights to enforcement against the Borrower, including damages or collection under the Loan Contract for Entrusted Loan. Party B shall keep Party A fully informed regarding the progress of their pursuit of all such claims or rights. In the event that Party A is not satisfied therewith, Party A shall be allowed to take over the pursuit thereof in the name and place of Party B and with the full assistance and cooperation of Party B. Article Nine: Interest and Fee. Party B shall pay interest on the outstanding balance of the funds held in the Special Fund Account for Entrusted Loan, at the current deposit rate of interest published by the People's Bank of China. Party B will pay such funds over to Party A semi-annually immediately following the semi-annual payment made by Borrower under the Loan Contract for Entrusted Loan. Party B shall charge to Party A [***] FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT on the balance of the amount of funds from time to time outstanding to the account of Borrower. Such fee shall be deducted from the funds held in the Special Fund Account for Entrustment Loan, on a semi-annual basis calculated immediately following the date of the semi-annual payment made under the Loan Contract for Entrusted Loan. In the event that funds held in the Special Fund Account for Entrusted Loan are insufficient to satisfy the amount due to be paid by Party A to Party B, Party B will submit an invoice accounting for payment due which shall be paid by Party A within fifteen days.
Article Eight. This Agreement is made in two duplicate copies, and each party holds one copy.