Common use of Territorial Extension Clause in Contracts

Territorial Extension. 1. This Convention may by mutual agreement be extended, either in its entirety or with any necessary modifications, to either or both of the countries of Surinam or the Netherlands Antilles, if the country concerned imposes taxes substantially similar in character to those to which this Convention applies. Any such extension shall take effect from such date and subject to such modifications and conditions, including conditions as to termination, as may be specified and agreed in notes to be exchanged through diplomatic channels. 2. Unless otherwise agreed the termination of the Convention shall not also terminate the application of the Convention to any country to which it has been extended under this Article.

Appears in 3 contracts

Sources: Convention for the Avoidance of Double Taxation, Double Taxation Avoidance Agreement, Convention for the Avoidance of Double Taxation

Territorial Extension. 1. This Convention may by mutual agreement be extended, either in its entirety or with any necessary modifications, to either or both of the countries of Surinam or the Netherlands Antilles, if the country concerned imposes taxes substantially similar in character to those to which this Convention applies. Any such extension shall take effect from such date and subject to such modifications and conditions, including conditions as to termination, as may be specified and agreed in notes to be exchanged through diplomatic channels. 2. Unless otherwise agreed the termination of the this Convention under Article 30 shall not also terminate the application of the this Convention to any country to which it has been extended under this Article.

Appears in 3 contracts

Sources: Convention for the Avoidance of Double Taxation, Convention for the Avoidance of Double Taxation, Double Taxation Avoidance Agreement

Territorial Extension. 1. This Convention may by mutual agreement be extended, either in its entirety or with any necessary modifications, to either or both of the countries of Surinam or and the Netherlands Antilles, if the country concerned imposes taxes substantially similar in character to those to which this the Convention applies. Any such extension shall take effect from such date and subject to such modifications and conditions, including conditions as to termination, as may be specified and agreed in notes to be exchanged through the diplomatic channelschannel. 2. Unless otherwise agreed agreed, the termination of the Convention under article 32 shall not also terminate the application of the Convention to any the country to which it has been extended under this Articlearticle.

Appears in 1 contract

Sources: Convention for the Avoidance of Double Taxation