Common use of Implementation period of the Action Clause in Contracts

Implementation period of the Action. 2.1 This Contract shall enter into force on the date when the last of the two Parties signs. 2.2 Implementation of the Action shall begin on: [the day following that on which the last of the two Parties signs] [the first day of the month following the date on which the first instalment of pre-financing is paid by the Contracting Authority] a later date, exceptionally and subject to conditions on retroactive eligibility as stipulated in the Practical Guide, a date preceding the signature of the Contract but not preceding the Beneficiary's request for a grant]. 2.3 The Action's implementation period, as laid down in Annex I, is <number of months>. 2.4 The execution period of this Contract shall end at the moment when final payment is paid by the Contracting authority and in any case at the latest 18 months as from the end of the implementation period as stipulated in art 2.3 above.