Common use of Entry Into Force, Duration, Termination Clause in Contracts

Entry Into Force, Duration, Termination. 1. This Agreement shall enter into force one month after the date of exchange of the instruments of ratification. It shall remain in force for a period of ten years. 2. Unless terminated by a Contracting Party at least six months before the date of its expiry, this Agreement shall be tacitly renewed for a period of ten years. Each Contracting Party reserves the right to terminate the Agreement upon notification at least six months before the date of expiry of its current period of validity. 3. With regard to investments made before the date of termination of this Agreement the provisions thereof shall remain valid for a further ten years from that date.

Appears in 1 contract

Sources: Reciprocal Promotion and Protection of Investments Agreement

Entry Into Force, Duration, Termination. 1. This Agreement shall enter into force one month after the date of the exchange of the instruments of ratification. It shall remain in force for a period of ten years. 2. Unless terminated by a one of the Contracting Party Parties denounces it in writing, at least six months one year before the date expiration of its expirythe initial period of validity, this Agreement shall be extended tacitly renewed for a period consecutive periods of ten years. Each Contracting Party reserves the right to terminate the Agreement upon notification may denounce it then, with a written notice of at least six months before the date of expiry of its current period of validityone year. 3. With regard to In respect of investments made before prior to the date expiration of termination the validity of this Agreement Agreement, they will continue to benefit from the protection of its provisions thereof shall remain valid for a further period of ten years from that dateyears.

Appears in 1 contract

Sources: Bilateral Investment Agreement

Entry Into Force, Duration, Termination. 1. This Agreement shall enter into force one month after the date of the exchange of the instruments of ratification. It shall will remain in force for a period of ten years. 2. Unless terminated by a one of the Contracting Party Parties denounces it in writing at least six months one year before the date expiry of its expirythis initial period of validity, this Agreement shall be tacitly renewed extended for a period consecutive periods of ten years. Each Contracting Party reserves the right to terminate the Agreement upon notification may denounce it afterwards with a written notice of at least six months before the date of expiry of its current period of validityone year. 3. With regard respect to investments made before until the date expiration of termination the validity of this Agreement Agreement, they shall continue to enjoy the protection of its provisions thereof shall remain valid for a further an additional period of ten years from that dateyears.

Appears in 1 contract

Sources: Investment Protection Agreement