Common use of and Article IX Clause in Contracts

and Article IX. of the amendment treaty makes changes to the provisions of Article III of the MDA relating to the transfer of a submarine nuclear propulsion plant and materials. This is the first time that changes to Article III have been made. As outlined above, the MDA in its original form authorised the sale to the UK of one complete nuclear submarine propulsion plant, plus the uranium needed to fuel it over a ten year period. The proposed changes to Article III update the language of the original provisions in order to allow any future transfer to the UK of submarine nuclear propulsion plants and/or parts, including replacement cores and fuel elements. In line with the original agreement it also allows for the transfer of information necessary for the design, manufacture and operation of submarine nuclear propulsion plants. The amendment treaty does not, however, require that any such transfer take place. The proposed changes to paragraph C of Article III reflect changes in the way that uranium is priced and that the US Atomic Energy Commission no longer exists.

Appears in 2 contracts

Sources: Mutual Defence Agreement, Mutual Defence Agreement