Common use of Amendment Clause Clause in Contracts

Amendment Clause. 1. Any Party desirous of amending this Agreement may put forward its proposal for the amendment, together with its submissions in motivation of the proposed amendment, to the Cooperation Council for consideration and decision. 2. In the event that the other Party considers that the proposed amendment could detrimentally impact on its rights in terms of the Agreement, it may submit a proposal for compensatory adjustments of the Agreement to the Cooperation Council for consideration and decision.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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Amendment Clause. 1. Any Party desirous of amending this Agreement may put forward its proposal for the amendment, together with its submissions in motivation of the proposed amendment, to the Cooperation Council for consideration and decision. 2. In the event that the other Party considers that the proposed amendment could detrimentally impact on its rights in terms of the Agreement, it may submit a proposal for compensatory adjustments of the Agreement to the Cooperation Council for consideration and decision.

Appears in 2 contracts

Samples: www.wipo.int, docs.wto.org

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