Common use of Implementation period of the Project Clause in Contracts

Implementation period of the Project. 3.1 This contract shall enter into force on the date when the last of the two Parties signs. 3.2 Implementation of the Project shall begin on <dd/mm/year> and end on <dd/mm/year>. The Project’s indicative implementation period shall be <XX> months. In case this contract has not been signed by both Parties by the starting date of the Project identified in this Article, the project shall begin on the date on which the last of the two Parties signs this contract. 3.3 The execution period of this contract will end at the moment when final payment is paid by the Managing Authority and in any case at the latest 18 months as from the end of the implementation period as stipulated in Article 3.2 above.

Implementation period of the Project. 3.1 This contract shall enter into force on the date when the last of the two Parties signs. 3.2 Implementation of the Project shall begin on <dd/mm/year> yyyy and end on <dd/mm/year>yyyy . The Project’s indicative implementation period shall be <XX> xx months. In case this contract has not been signed by both Parties by the starting date of the Project identified in this Article, the project shall begin on the date on which the last of the two Parties signs this contract. 3.3 The execution period of this contract will end at the moment when final payment is paid by the Managing Authority and in any case at the latest 18 months as from the end of the implementation period as stipulated in Article 3.2 above.