RATIFICATION OR ACCEPTANCE Sample Clauses
The Ratification or Acceptance clause establishes the formal approval or confirmation of an agreement or action by the relevant parties. In practice, this clause specifies the process by which a party, often a board or authorized representative, officially endorses a contract or decision, making it legally binding. For example, a company’s board may need to ratify a contract signed by an employee before it takes effect. The core function of this clause is to ensure that all necessary parties have explicitly agreed to the terms, thereby preventing disputes over unauthorized commitments and clarifying when obligations become enforceable.
RATIFICATION OR ACCEPTANCE. 1. This Agreement shall be subject to ratification or acceptance by the Signatories. Instruments of ratification or acceptance shall be deposited with the Depository not later than 30 September 1966. The Depository shall duly notify the other Signatories of each deposit and the date thereof.
2. A Signatory whose instrument of ratification or acceptance is deposited before the date on which this Agreement enters into force, shall become a member of the Bank, on that date. Any other Signatory which complies with the provisions of the preceding paragraph, shall become a member of the Bank on the date on which its instrument of ratification or acceptance is deposited.
RATIFICATION OR ACCEPTANCE. The Annex is subject to ratification or acceptance of the Governments of the Contracting Parties. The same applies to an amendment to the Annex, if any.
RATIFICATION OR ACCEPTANCE. The Annex is subject to ratification or acceptance of the Governments of the Contracting Parties. The same applies to an amendment to the Annex, if any. 90 Greater Mekong Subregion Cross-Border Transport Facilitation Agreement
RATIFICATION OR ACCEPTANCE. The Protocol is subject to ratification or acceptance of the Governments of the Contracting Parties. The same applies to an amendment to the Protocol, if any.
RATIFICATION OR ACCEPTANCE. 1. This Agreement shall be subject to ratification or acceptance by the Signatories. Instruments of ratification or acceptance shall be deposited with the Depository not later than 30 September 1966. The Depository shall duly notify the other Signatories of each deposit and the date thereof.
RATIFICATION OR ACCEPTANCE. The Annex is subject to ratification or acceptance of the Governments of the Contracting Parties. The same applies to an amendment to the Annex, if any. Article 7: Entry into Force The Annex will enter into force on the day that at least two Contracting Parties have ratified or accepted it, and will become effective only among the Contracting Parties that have ratified or accepted it. The same applies to an amendment to the Annex, if any.