Common use of Accessions Clause in Contracts

Accessions. Without the necessity of a written instrument duly executed on behalf of each of the Parties any postal operator that is a Designated Operator within the meaning of the UPU Convention can accede to this Agreement by executing a Deed of Accession in the form of Annex 5 and delivering it to the Head of PRIME. The accession is subject to approval by the Steering Committee. The accession will become effective on the first day of the second month following the approval of the accession by the Steering Committee. An acceding Party shall identify the organizational resources to develop the service within two months of its accessionbecoming effective. It shallcommencetestingtheservice withinafurther twelve months. The test periodshallnot exceed six months, so that the Partyshall be providing the full service within twenty months of its accession becoming effective. The acceding Party shall only receive the Enhanced Payment pursuant to Article 3 for Exprès Items delivered by it once it has started to provide the service and has been providing and/or testing it for six months.

Appears in 2 contracts

Sources: Exprès Service Agreement, Exprès Service Agreement