Common use of Nullification or Impairment Clause in Contracts

Nullification or Impairment. 1. If any contracting party should consider that any benefit accruing to it directly or indirectly under this Agreement is being nullified or impaired or that the attainment of any objective of the Agreement is being impeded as the result of (a) the failure of another contracting party to carry out its obligations under this Agreement, or (b) the application by another contracting party of any measure, whether or not it conflicts with the provisions of this Agreement, or (c) the existence of any other situation,

Appears in 2 contracts

Sources: General Agreement on Tariffs and Trade, Agreement Establishing the World Trade Organization