Common use of ABROGATION Clause in Contracts

ABROGATION. Upon its entry into force, this Agreement shall replace and abrogate the Agreement on the Promotion and Reciprocal Protection of Investments between the Kingdom of Spain and the United Mexican States, which entered into force on 18 December 1996. However, a claim to arbitration submitted before the entry into force of this Agreement shall be settled in accordance with the previous Agreement.

ABROGATION. Upon its entry into force, this Agreement shall replace substitutes and abrogate abrogates the Agreement on for the Reciprocal Promotion and Reciprocal Protection of Investments between the Untied Mexican States and the Kingdom of Spain and the United Mexican States, which that entered into force on 18 December 1996. HoweverNotwithstanding the above, a claim submitted to arbitration submitted before the entry into force of this Agreement shall be settled in accordance with resolved pursuant to the previous Agreement.