Common use of Transitional Provisions Clause in Contracts

Transitional Provisions. 1. The Parties acknowledge the transitional arrangements for the establishment and initial operations of the Academy contained in the Memorandum concerning the Establishment of the International Anti-Corruption Academy in Laxenburg, Austria of 29 January 2010 and agree to respect them until the decision-making organs of the Academy are fully operational. 2. Any decision affecting obligations entered into for the purposes of the establishment and initial operations of the Academy or creating liability for the Partners (UNODC, the Association “Friends of the Academy” or the Republic of Austria) may only be taken unanimously by the Board.

Appears in 12 contracts

Sources: Agreement for the Establishment of the International Anti Corruption Academy, Agreement for the Establishment of the International Anti Corruption Academy as an International Organization, Agreement for the Establishment of the International Anti Corruption Academy