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___ COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL ___ ARTICLES OF ASSOCIATION OFINDEX TO THE ARTICLES PART 1 INTERPRETATION AND LIMITATION OF LIABILITY 1. Defined terms 2. General Provisions 3. Liability of membersPART 2 DIRECTORS DIRECTORS POWERS AND RESPONSIBILITIES 4. Directors general authority 5. Members reserve power 6. Directors may delegate 7. Committees BOARD OF DIRECTORS 8. Chairman 9. Vice Chairman 10. Secretary 11. Treasurer 12. The Board 13. Elected Directors 14
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Interpretation and limitation refer to the processes of clarifying the meaning of certain information and defining the extent of its applicability or enforceability. This is often used in legal and regulatory contexts to ensure that terms are understood and applied correctly.
Entities or individuals who are subject to specific regulations, laws, or agreements may be required to file an interpretation and limitation. This typically includes businesses, legal professionals, or anyone involved in contracts that require clarification.
To fill out an interpretation and limitation, you typically need to provide details regarding the specific terms in question, any supporting documentation, and a clear explanation of the interpretation being proposed along with its limitations.
The purpose of interpretation and limitation is to eliminate ambiguity in agreements and regulations, ensuring all parties understand their rights and responsibilities. It helps in resolving disputes and providing clarity.
Information that must be reported includes a description of the terms being interpreted, the specific limitations being outlined, supporting evidence or documentation, and the rationale behind the interpretation and limitation.
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