Common use of Duration and Expiry Clause in Contracts

Duration and Expiry. For the present MEASURE, THE XX XXXXX is hereby available for contracting until 30 November 2006 subject to the provisions of this Memorandum. All contracts must be signed by this date. Any balance of funds of the XX XXXXX, which have not been contracted by this date shall be cancelled. The deadline for execution of contracts of THE XX XXXXX is 30 November 2007, with exception of the project BG 2004/016-783.01.01 where the deadline for execution of contracts is 30 November 2008. THE COMMISSION may however, in exceptional circumstances, agree to an appropriate extension of the contracting period or of the contract execution period, should this be requested in due time and properly justified by THE RECIPIENT. This Memorandum shall expire at the expiry date for execution of contracts of the XX XXXXX. All the funds which have not been disbursed shall be returned to the Commission.

Duration and Expiry. For the present MEASURE, THE XX XXXXX is hereby available for contracting until 30 November 2006 for the conclusion of the Contribution Agreement with the EBRD, subject to the provisions of this Memorandum. All contracts must be signed by this date. Any balance of funds of the XX XXXXX, which have not been contracted by this date shall be cancelled. The deadline for execution of contracts of THE XX XXXXX is 30 November 2007, with exception of the project BG 2004/016-783.01.01 where the deadline for execution of contracts is 30 November 20082011. THE COMMISSION may however, in exceptional circumstances, agree to an appropriate extension of the contracting period or of the contract execution period, should this be requested in due time and properly justified by THE RECIPIENT. This Memorandum shall expire at the expiry date for execution of contracts of the XX XXXXX. All the funds which have not been disbursed shall be returned to the Commission.

Duration and Expiry. For the present MEASURE, THE XX XXXXX is hereby available for contracting until 30 November 2006 2005 subject to the provisions of this Memorandum. All contracts must be signed by this date. Any balance of funds of the XX XXXXX, which have not been contracted by this date shall be cancelled. The deadline for execution of contracts of THE XX XXXXX is 30 November 20072006, with the exception of the project BG 2004/016BG-2003/005-783.01.01 where 631.01 “Final Construction of Silistra Bypass Road” for which the deadline for execution of contracts expiry date is 30 November 20082007. THE COMMISSION may however, in exceptional circumstances, agree to an appropriate extension of the contracting period or of the contract execution period, should this be requested in due time and properly justified by THE RECIPIENT. This Memorandum shall expire at the expiry date for execution of contracts of the XX XXXXX. All the funds which have not been disbursed shall be returned to the Commission.

Duration and Expiry. For the present MEASURE, THE XX XXXXX is hereby available for contracting until 30 November 2006 subject to the provisions of this Memorandum. All contracts must be signed by this date. Any balance of funds of the XX XXXXX, which have not been contracted by this date shall be cancelled. The deadline for execution of contracts of THE XX XXXXX is 30 November 2007, with exception of the project BG 2004/016-783.01.01 782.01.01 where the deadline for execution of contracts is 30 November 20082009. THE COMMISSION may however, in exceptional circumstances, agree to an appropriate extension of the contracting period or of the contract execution period, should this be requested in due time and properly justified by THE RECIPIENT. This Memorandum shall expire at the expiry date for execution of contracts of the XX XXXXX. All the funds which have not been disbursed shall be returned to the Commission.