Revision clause Clause Samples

Revision clause. Upon request by a Party, the Parties shall consult to consider accelerating the elimination of customs duties as set out in Annex 1 or incorporating into one Party’s schedule, goods that are not subject to the elimination schedule. Further commitments between the Parties to accelerate the elimination of a customs duty on a good or to include a good in Annex 1 shall supersede any duty rate or staging category determined pursuant to their respective Schedules. These commitments shall enter into force after the Parties have exchanged notification certifying that they have completed the necessary internal legal procedures and on such dates as may be agreed between the Parties.

Revision clause. The Trade Committee may review this Agreement, its implementation, operation and performance where necessary and make appropriate suggestions to the Parties for its amendment.

Revision clause. 1. The Parties agree to review this Agreement in its entirety no later than five (5) years after its entry into force. Such review is without prejudice to instances of adjustments, reviews or revisions otherwise provided for in this Agreement, such as those contemplated under Articles 12(2), 16(8), 17(5), 18(5), 26(10), 33(3), 35(6), 65(e), 117 and Annex VII. 2. As tegards the implementation of this Agreement, either Party may make suggestions oriented towards adjusting trade- related cooperation, taking into account the experience acquired during the implementation thereof. 3. The Parties agree that this Agreement may need to be reviewed in light of further developments in international economic relations and in the light of the expiration of the Cotonou Agreement in 2020 to take into account the new ACP-EU arrangement that would replace the Cotonou Agreement.

Revision clause. 1. Upon request of a Party, the Parties shall consult to consider accelerating, or broadening the scope of the elimination of customs duties as set out in Annex 2A (Schedule of Specific Tariff Commitments of India) and Annex 2B (Schedule of Specific Tariff Commitments of the UAE). Further commitments between the Parties to accelerate the elimination of a customs duty on a good, or to include a good in Annex 2A (for India) and Annex 2B (for the UAE), shall supersede any duty rate or staging category determined pursuant to their respective Schedules of Tariff Commitments. These commitments shall enter into force on the date specified by the Parties following the exchange of notifications certifying that they have completed their internal legal procedures. 2. Nothing in this Agreement shall prohibit a Party from unilaterally accelerating, or broadening the scope of the elimination of customs duties set out in its Schedule of Tariff Commitments in Annex 2A (for India) or Annex 2B (for the UAE). Any such unilateral acceleration, or broadening of the scope of the elimination of customs duties will neither permanently supersede any duty rate or staging category determined pursuant to their respective Schedule nor will serve to waive that Party’s right to impose at a later time the duty rate or staging category that is determined for that later time by their respective Schedule. 3. For greater certainty with respect to paragraph 2, a Party may: (a) raise a customs duty back to the level established in its respective Schedule of Tariff Commitments in Annex 2A (for India) or Annex 2B (for the UAE) following a unilateral reduction; or (b) maintain or increase a customs duty as authorised by the Dispute Settlement Body of the WTO.

Revision clause. Article 1(3) and the Articles contained in Chapter II, with the exception of Article 8, may be amended by the Council, acting unanimously on a proposal from the Commission. The EIB shall be associated with the Commission’s proposal on matters relating to its activities and those of the Investment Facility.

Revision clause. Many users of the patent system have argued for a broader range of provisions, which can be reviewed by the Administrative Committee in order to improve the functioning, efficiency and cost effectiveness of the Unified Patent Court and the quality of its judgements. Some Member States argue that such a review should require unanimity in the Administrative Committee, others fear that unanimity may render a necessary review too difficult. The Presidency proposes as a compromise to maintain the three quarter majority for a review decision of the Administrative Committee but to give Member States the possibility to reject a review on the basis of their relevant internal decision making procedures.

Revision clause. The implementation period of phase 1 (item 1) may be reviewed without modification of the price, if the procedure for awarding the works contract so requires. The implementation period of phase 2 (item 2) may be reviewed with a price revision only if the delay in the execution of the work is attributable solely to the contractor in charge of the work. If the service provider in charge of supervision is not able to demonstrate that he has taken all measures to ensure that the deadlines are met by the contractor in charge of carrying out the work, fines and penalties for delays will apply to the service provider. Penalties will be applied as determined in the General Implementing Rules.

Revision clause replacement of the expert 1) Must fulfil the minimum selection criteria requirements of the lot concerned; 2) May not be the expert proposed by another EO party to the framework agreement of the lot concerned. For the change to be accepted, the new expert must fulfil the 2 conditions below. The contracting authority maintains the right to accept or refuse the new expert proposed even it (s)he fulfils the 2 above conditions. If the new expert is not accepted, the EO party to the framework agreement can either maintain the initial expert or the EO will be barred as a participant to the framework agreement for the lot concerned. For a request the EO may propose maximum 2 different experts. An EO may ask for the replacement of the expert maximum 2 times in the course of the framework agreement concerned. 1.5.11 Preliminary technical acceptance (Art. 41 -42) 1.5.12 Performance modalities (Art. 146 et seq.)

Revision clause. 11.1 Should unforeseen events occur during the term of this contract which have a substantial financial, technical or legal impact on said contract but were not provided for in said contract or its annexes or were not taken into consideration when said contract was concluded and if it would consequently be unreasonable for a contract partner to fulfil any contractual stipulation, the partner affected by such changed circumstances can demand a corresponding amendment to the contractual obligation to take account of the changed circumstances while considering any commercial, technical and legal effects on the other party. 11.2 The contract partner citing the circumstances shall specify and prove the necessary facts. 11.3 The right to require an amendment to the contractual stipulations shall apply from the time the contract partner requesting such contractual amendment due to changed circumstances demands such change for the first time unless the requesting contract partner could not have been reasonably expected to require such an amendment at an earlier time.