Entry into force and duration Clause Samples
The 'Entry into force and duration' clause defines when an agreement becomes legally effective and how long it will remain in effect. Typically, this clause specifies a start date—such as the date of signature or a mutually agreed date—and outlines the period the contract will last, whether for a fixed term, until completion of certain obligations, or until terminated by one of the parties. Its core function is to provide clarity and certainty regarding the timeline of the parties' rights and obligations, preventing disputes about when the contract starts and ends.
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Entry into force and duration. (1) This Agreement shall enter into force thirty (30) days after the Contracting Parties notify each other in writing that their respective internal constitutional procedures have been fulfilled.
(2) This Agreement shall remain in force for a period of ten (10) years and continue in force thereafter for further five year periods, unless, twelve (12) months before the expiry of that ten year period or any such subsequent five-year period, either Contracting Party notifies the other in writing of its intention to terminate the Agreement.
(3) In respect of investment made prior to the date of termination of this Agreement the provisions of Articles 1 to 12 shall remain in force for a further period of ten (10) years from the date of termination of this Agreement.
Entry into force and duration. 1. This Agreement shall enter into force one month after the date of exchange of the instruments of ratification by the Contracting Parties. The Agreement shall remain in force for a period of ten years. Unless notice of termination is given by either Contracting Party at least six months before the expiry of its period of validity, this Agreement shall be tacitly extended each time for a further period of ten years, it being understood that each Contracting Party reserves the right to terminate the Agreement by notification given at least six months before the date of expiry of the current period of validity.
2. Investments made prior to the date of termination of this Agreement shall be covered by this Agreement for a period of ten years from the date of termination.
Entry into force and duration. 1. This Agreement shall enter into force on the first day of the month following the date on which the last Party has notified the other of the completion of the legal procedures necessary for this purpose.
2. This Agreement is valid for a period of five years. It shall be automatically extended for further successive periods of one year, unless either Party notifies the other Party in writing of its intention not to extend this Agreement six months prior to the end of any subsequent one-year period.
3. Any amendments to this Agreement shall be made by agreement between the Parties. Any amendments shall become effective only after the latter Party has notified the other that all necessary formalities have been completed.
4. This Agreement may be terminated by either Party by written notice of denunciation given to the other Party. The termination shall take effect six months after receipt of notification by the other Party.
Entry into force and duration. 1. This Agreement shall enter into force one month after the date on which the contracting parties have exchanged their instruments of ratification. it shall remain in force for a period of ten years. Unless one of the contracting parties or denounces this agreement shall notify its intention to modify it at least six months before the expiration of the period of validity, whenever it shall be automatically renewed for a further period of ten years, each contracting party reserving the right to terminate the agreement by a notification made at least six months before the date of expiry of the current period of validity.
2. In respect of investments made prior to the date of termination of this Agreement, the provisions of the latter they shall continue to apply for a period of ten years from the date of expiry. In WITNESS WHEREOF the undersigned, duly authorized thereto by representatives, their respective Governments, have signed this Agreement. Done at Kigali on 16 April 2007 in two originals each in French, Dutch and English languages, all texts being equally authentic. the English text will prevail in case of divergence of interpretation. ▇▇▇▇ consent to the Agreement between the belgo-luxembourg Economic Union, of the one part, and the Republic of Rwanda, on the other hand, concerning the encouragement and reciprocal protection of investments, signed at Kigali on 16 April 2007
Article 1 This Law regulates a matter referred to in article 77 of the Constitution.
Entry into force and duration. 1. This Agreement shall enter into force on the first day of the month following the date on which the Contracting parties have notified each other of the completion of the procedures necessary for this purpose.
2. This Agreement is concluded for a period of five years. It shall be renewed tacitly on a yearly basis unless one of the Contracting parties denounces it to the other party in writing six months before the date of expiry.
Entry into force and duration. 1. This Agreement shall enter into force on the date of the last signature by the Parties. It shall remain in force until the Project Partner has discharged in full its obligations towards the Project Promoter as defined in this Agreement.
Entry into force and duration. (1) This Agreement is subject to ratification and shall enter into force on the first day of the third month that follows the month during which the instruments of ratification have been exchanged.
(2) This Agreement shall remain in force for a period of ten years; it shall be extended thereafter for an indefinite period and may be denounced in writing through diplomatic channels by either Contracting Party giving twelve months' notice.
(3) In respect of investments made prior to the date of termination of the present Agreement the provisions of Articles 1 to 25 of the present Agreement shall continue to be effective for a further period of ten years from the date of termination of the present Agreement.
Entry into force and duration. 1. This Agreement shall enter into force 30 days after the Contracting Parties notify each other in writing that their respective internal constitutional or legal procedures have been fulfilled.
2. This Agreement shall remain in force for a period of 10 years, which shall be extended for equal periods, unless, 12 months before the expiration of the period, either Contracting Party notifies the other in writing of its intention to terminate this Agreement.
3. In respect of investments made prior to the date of termination of this Agreement, the provisions of Articles 1 to 20 shall remain in force for a further period of 10 years from the date of termination of this Agreement.
Entry into force and duration. Each Party shall notify the other of the completion of the internal procedures required for the entry into force of this Agreement, which shall take effect one month after the date of receipt of the last notification.
Entry into force and duration. 1. This Agreement shall enter into force one month after the date on which the contracting parties have exchanged their instruments of ratification. it shall remain in force for a period of ten years. Unless one of the Contracting Parties denounces it at least six months before the expiration of the period of validity, whenever it shall be automatically renewed for a further period of ten years, each contracting party reserving the right to terminate the agreement by a notification made at least six months before the date of expiry of the current period of validity.
2. The investment made prior to the date of termination of this Agreement shall continue to apply for a period of ten years from that date.