Contracting state Clause Samples
The 'Contracting State' clause defines which country or jurisdiction is a party to an international agreement or treaty. In practice, this clause identifies the specific states that have agreed to be bound by the terms of the contract, often by ratifying or acceding to the agreement. By clearly specifying the participating states, the clause ensures clarity regarding the rights and obligations under the contract and helps avoid disputes about which entities are legally involved.
Contracting state. Contracting state" means a state that is a party to this agreement. [PL 1993, c. 683, Pt. B, §3 (NEW); PL 1993, c. 683, Pt. B, §5 (AFF).]
Contracting state. Contracting State shall mean a State which is a party to this agreement.
Contracting state. The term “interest” as used in this Article means income from debt-claims of every kind, whether or not secured by mortgage and whether or not is carrying a right to participate in the debtor's profits, and in particular, income from government securities and income from bonds or debentures, including premiums and prizes attaching to such securities, bonds or debentures. Penalty charges for late payment shall not be regarded as interest for the purpose of this Article.