Common use of Contract Duration and Termination Clause in Contracts

Contract Duration and Termination. (1) This Contract shall be considered concluded from the time of its signing and stamping by the authorized persons repreesnting the Parties. (1) This Contract shall be applicable from the time of its conclusion pursuant to Article 25 of this Contract and shall stay in effect until one of the parties requests termination. (1) This Contract may be terminated with 1 (one) month notice from the date of receipt of the submitted request by the contracting party. (2) In case of invalidity of the Contract due to amendment of effective laws or bylaws in the Republic of North Macedonia. (3) If one of the contracting parties fails to act in accordance with the terms laid down in this FC or IC and/or does not meet the rights and obligations of this FC or IC fully or partially and/or if the permit of the US or the qualified bidder issued by the ERC ceases to be valid on any given ground and/or if the qualified bidder does not meet the bidder criteria for participating in the QS. (4) This Contract may also be terminated by mutual consent of both contracting parties. (1) The notice of contract termination shall be submitted in writing from one contracting party to another.

Appears in 1 contract

Sources: Framework Contract

Contract Duration and Termination. (1) This Contract shall be considered concluded from the time of its signing and stamping by the authorized persons repreesnting of the Parties. (1) This Contract shall be applicable from the time of its conclusion pursuant to Article 25 22 of this Contract and shall stay in effect until one of the parties requests termination. (1) This Contract may be terminated with 1 (one) month notice from the date of receipt of the submitted request by the contracting party. (2) In : - in case of invalidity of the Contract due to amendment of effective laws or bylaws in the Republic of North Macedonia. (3) If . - if one of the contracting parties fails to act in accordance with the terms laid down in this FC BC or IC and/or does not meet the rights and obligations of this FC BC or IC fully or partially and/or if the permit of the US or the qualified bidder Qualified Bidder issued by the ERC ceases to be valid on any given ground and/or if the qualified bidder Qualified Bidder does not meet the bidder criteria for participating in the QS. (42) This Contract may also be terminated by mutual consent of both contracting parties. (1) The notice of contract termination shall be submitted in writing from one contracting party to another.

Appears in 1 contract

Sources: Bilateral Contract