Common use of Entry into force and duration of the agreement Clause in Contracts

Entry into force and duration of the agreement. 1. Each Contracting Party shall notify the other Contracting Party of the completion of internal procedures necessary for the entry into force of this Agreement. This Agreement shall enter into force on the date of the last of the two notifications. 2. This Agreement shall remain in force for a period of fifteen years. After this period it shall be automatically extended for successive five-year periods, unless either Contracting Party notifies the other Contracting Party at least twelve months prior to the expiry of the period of its intention to terminate this Agreement. 3. This Agreement may be amended by mutual written consent of the Contracting Parties. Any amendment to this Agreement shall enter into force after each Contracting Party shall notify the other Contracting Party of the fulfillment of all internal procedures necessary for the entry into force of such amendment. 4. With respect to investments made prior to the date of termination of this Agreement and Under its action, the provisions of all other articles of this Agreement shall remain in force for a period of fifteen years after the date of termination of this Agreement.

Appears in 2 contracts

Sources: Investment Agreement, Investment Agreement

Entry into force and duration of the agreement. 1. Each Contracting Party shall notify the other Contracting Party of the completion of internal procedures necessary for the entry into force of this Agreement. This Agreement shall enter into force on the date of the last of the two notifications. 2. This Agreement shall remain in force for a period of fifteen (15) years. After this period it shall be automatically extended for successive five-year periods(5) terms, unless either Contracting Party notifies the other Contracting Party at least twelve months prior to the expiry of the period of its intention to terminate this Agreement. 3. This Agreement in writing, may be amended by mutual written consent of the Contracting Parties. Any amendment to this Agreement shall enter into force after each Contracting Party shall notify the other Contracting Party of the fulfillment of all internal procedures necessary for the entry into force of such amendment. 4. With In respect to of investments covered by this Agreement and made prior to the date of termination of this Agreement and Under its actionAgreement, the provisions of all other articles of this Agreement shall remain in force for a period of fifteen (15) years after the date of its termination of this Agreementdate.

Appears in 1 contract

Sources: Investment Agreement

Entry into force and duration of the agreement. 1. Each Contracting Party shall notify the other Contracting Party of in written form in the completion of his internal procedures necessary required for the entry into force of this Agreementagreement. This Agreement shall enter into force on the date of the last latter of the two notificationsApplications. 2. This Agreement shall remain in force for a period of fifteen (15) years. After this period thereafter it shall be automatically extended remain in force for successive five-year periods, unless either twelve (12) months from the date on which one Contracting Party notifies shall have notified in written form the other Contracting Party at least twelve months prior to the expiry of the period of its intention mention to terminate this Agreement. 3. This Agreement may be amended by mutual consent in written consent form of the Contracting Parties. Any amendment to this Agreement shall enter into force after each Contracting Party shall notify has notified in written form the other Contracting Party of the fulfillment of that it has completed all internal procedures necessary requirements for the entry into force of such amendment. 4. With respect to the investments made prior to the date of termination of this Agreement agreement and Under its actionto which this Agreements otherwise applies, the provisions of all the other articles Articles of this Agreement shall remain in force thereafter continue to be effective for a period of the next fifteen (15) years after from the date of termination of this Agreementtermination.

Appears in 1 contract

Sources: Investment Agreement

Entry into force and duration of the agreement. 1. Each Contracting Party shall notify the other Contracting Party of the completion of internal procedures necessary for the entry into force of this Agreement. This Agreement shall enter into force on the date of the last of the two notifications. 2. This Agreement shall remain in force for a period of fifteen years. After this period it shall be automatically extended for successive five-year periods, periods unless either Contracting Party notifies the other Contracting Party at least twelve months prior to the expiry of the period of its intention to terminate this Agreement. 3. This Agreement may be amended by mutual written consent of the Contracting Parties. Any amendment to this Agreement shall enter into force after each Contracting Party shall notify the other Contracting Party of the fulfillment of all internal procedures necessary for the entry into force of such amendment. 4. With respect to investments made prior to the date of termination of this Agreement and Under covered by its action, the provisions of all other articles of this Agreement shall remain in force for a period of fifteen years after the date of its termination of this Agreementdate.

Appears in 1 contract

Sources: Investment Protection Agreement

Entry into force and duration of the agreement. 1. Each Contracting Party shall notify the other Contracting Party of the completion of internal procedures necessary for the entry into force of this Agreement. This Agreement shall enter into force on the date of the last of the two notifications. 2. This Agreement shall remain in force is valid for a an initial period of fifteen years. After this period it shall be automatically extended for successive five-year periods, unless either Contracting Party notifies the other Contracting Party at least twelve months prior to the expiry of the period of its intention to terminate this Agreement. 3. This Agreement may be amended by mutual written consent of the Contracting Parties. Any amendment to this Agreement shall enter into force after each Contracting Party shall notify the other Contracting Party of the its fulfillment of all internal procedures necessary for the entry into force of such amendment. 4. With respect to investments made prior to the date of termination of this Agreement and Under covered by its action, the provisions of all other articles of this Agreement shall remain in force for a period of fifteen years after from the date of termination of this Agreement.

Appears in 1 contract

Sources: Investment Protection Agreement

Entry into force and duration of the agreement. 1. Each Contracting Party shall notify the other Contracting Party party in writing of the completion of a Contracting State internal procedures necessary required for the entry Entry into force Force of this Agreement. This Agreement shall enter into force on the date of the last latter of the two notifications. 2. This Agreement shall remain in force for a an initial period of fifteen ten years. After this period thereafter it shall be automatically extended renewed for successive five-year periods, further periods of five years unless either Contracting Party contracting party notifies in writing the other Contracting Party at least twelve contracting party, not less than 12 months prior to before the expiry end of the period period, of its intention to terminate this Agreement. 3. This Agreement may be amended by written mutual written consent of the Contracting Parties. Any , any amendment to this Agreement shall enter into force after when each Contracting Party shall notify has notified in writing to the other Contracting Party of the fulfillment of contracting party that it has completed all internal State procedures necessary required for the entry Entry into force Force of such amendment. 4. With respect to investments falling within the scope of application of this agreement made prior to the date of termination of this Agreement and Under its actionAgreement, the provisions of all other articles of this Agreement shall remain in force for a further period of fifteen ten years after from the date of termination of this Agreement.

Appears in 1 contract

Sources: Investment Protection Agreement

Entry into force and duration of the agreement. 1. Each Contracting Party shall notify the other Contracting Party of the completion of internal procedures necessary for the entry into force of this Agreement. This Agreement shall enter into force on the date of the last of the two notifications. 2. This Agreement shall remain in force for a an initial period of fifteen ten years. After this period it shall be automatically extended for successive five-year periods, unless either Contracting Party notifies the other Contracting Party at least twelve months prior to the expiry of the period of its intention to terminate this Agreement. 3. This Agreement may be amended by mutual written consent of the Contracting Parties. Any amendment to this Agreement shall enter into force after each Contracting Party shall notify the other Contracting Party of the fulfillment of all internal procedures necessary for the entry into force of such amendment. 4. With respect to investments falling within the scope of this Agreement and made prior to the date of termination of this Agreement and Under its action, the provisions of all other articles of this Agreement shall remain in force for a period of fifteen the next ten years after from the date of termination of this Agreement.

Appears in 1 contract

Sources: Investment Protection Agreement