Common use of Application and Entry into Force Clause in Contracts

Application and Entry into Force. 1. The Annexes and footnotes to this Agreement constitute an integral part of this Agreement. 2. The entry into force of this Agreement is subject to the completion of the necessary internal legal procedures by each Party. 3. This Agreement shall enter into force 60 days after the date of the last notification by which the Parties inform each other that the procedures under paragraph 2 have been completed, or on such other date as may be agreed by the Parties. 4. This Agreement may be amended by the Parties by agreement in writing. All amendments to this Agreement shall enter into force in the same manner as stated in paragraphs 2 and 3. 5. All amendments shall, upon entry into force, constitute an integral part of this Agreement. 6. This Agreement shall remain in force unless a Party notifies the other Party in writing of its decision to terminate it. The termination of this Agreement shall be effective one year after the notice of termination has been received by the other Party. In respect of covered investments made prior to the date when the termination of this Agreement becomes effective, Articles 1 to 35 inclusive, as well as paragraph 1 of this Article shall remain in force for a period of 10 years.