Period of Execution. 19.1 The duration of this contract shall be two years. However, this contract may be extended for a further three (3) months under the same terms and conditions.
Period of Execution. 19.1 The duration of this contract shall be up to 31st March 2011. However, this contract may be extended for a further three (3) months under the same terms and conditions.
Period of Execution. The period of execution of the Financing Agreement shall comprise two phases: an operational implementation phase, in which the principal activities are carried out. This phase shall commence on the entry into force of the Financing Agreement and end with the opening of the closure phase; a closure phase, during which final audits and evaluation are carried out and contracts and programme estimates for the implementation of the Financing Agreement are technically and financially closed. This phase shall end at the latest 24 months after the end of the operational implementation phase. Costs related to the principal activities shall be eligible for EU financing only if they have been incurred during the operational implementation phase. Costs related to final audits and evaluation and closure activities shall be eligible up to the end of the closure phase. Any balance remaining from the EU contribution will be automatically decommitted no later than six months after the end of the period of execution. In exceptional and duly substantiated cases, a request may be made for the extension of the operational implementation phase and correlatively of the period of execution. If the extension is requested by the Beneficiary, the request must be made at least three months before the end of the operational implementation phase and approved by the Commission before that latter date. In exceptional and duly substantiated cases, and after the end of the operational implementation phase, a request may be made for the extension of the closure phase and correlatively of the period of execution. If the extension is requested by the Beneficiary, therequest must be made at least three months before the end of the closure phase and approved by the Commission before that latter date. TITLE III - PAYMENTS TO BE MADE BY THE COMMISSION TO THIRD PARTIES
Period of Execution. The period of execution of the financing agreement shall commence on the entry into force of the financing agreement and end at This period of execution shall comprise two phases: an operational implementation phase, which shall commence on the entry into force of the financing agreement and end at 31/12/2010. As from this date shall commence the closure phase, which shall end at the end of the period of execution.
Period of Execution. 4.1 The financing agreement shall lay down a period of execution, which shall commence on the entry into force of the financing agreement and end on the date specified to this end in Article 4 of the Special Conditions.
Period of Execution. 6.1. The Company may set the date and time when a particular Underlying asset expires. This should be displayed on the Platform. The customer agrees that checking the expiration date and time is its responsibility.
Period of Execution. The period of execution of the Financing Agreement as defined in Article 4 of the General Conditions shall commence on the entry into force of the Financing Agreement and end 72 months after this date. The duration of the operational implementation phase is fixed at 48 months. The duration of the closure phase is fixed at 24 months.
Period of Execution. 7.1. The Contractor shall commence the design and execution of the System as soon as is reasonably practicable after the Commencement Date, and shall then proceed with the System with due expedition. In the event of exercise of the Call Option in accordance with par. 4.6, the Contractor shall commence the design and execution of the Additional System as soon as is reasonably practicable after receipt from the Client of communication of exercise of the Call Option.
Period of Execution. 5.1 The period of execution of the Financing Agreement as defined in Article 4 of the General Conditions shall commence on the entry into force of the Financing Agreement and end 72 months after this date.
Period of Execution. 19.1 The duration of this contract shall be 36 months.
