Common use of Validity and Termination Clause in Contracts

Validity and Termination. 1. Either the Union or Switzerland may terminate this Agreement by notifying the other Party of its decision. The Agreement shall cease to apply three months after the date of such notification. Projects and activities in progress at the time of termination shall continue according to the conditions laid down in this Agreement. The Parties shall settle by mutual agreement any other consequences of termination. 2. This Agreement shall be terminated when the Association Agreement with Switzerland is terminated in accordance with Article 7(4), Article 10(3) or Article 17 of the Association Agreement with Switzerland.

Appears in 2 contracts

Sources: Agreement Between the European Union and the Swiss Confederation on Supplementary Rules in Relation to the Instrument for Financial Support for External Borders and Visa, Agreement Between the European Union and the Swiss Confederation on Supplementary Rules in Relation to the Instrument for Financial Support for External Borders and Visa

Validity and Termination. 1. Either the Union or Switzerland may terminate this Agreement by notifying the other Party of its decision. The Agreement shall cease to apply three months after the date of such notification. Projects and activities in progress at the time of termination shall continue according to the conditions laid down in this Agreement. The Parties shall settle by mutual agreement any other consequences of termination. 2. This Agreement shall be terminated when the Association Agreement with Switzerland is terminated in accordance with Article 7(4), Article 10(3) or Article 17 of the Association Agreement with Switzerland.

Appears in 2 contracts

Sources: Association Agreement, Association Agreement

Validity and Termination. 1. Either the Union or Switzerland may terminate this Agreement by notifying the other Party of its decision. The Agreement shall cease to apply three months after the date of such notification. Projects and activities in progress at the time of termination shall continue according to the conditions laid down in this Agreement. The Parties shall settle by mutual agreement any other consequences of termination, by mutual agreement. 2. This Agreement shall be terminated when the Association Agreement with Switzerland is terminated in accordance with Article 7(4), Article 10(3) or Article 17 of the Association Agreement with Switzerland.

Appears in 1 contract

Sources: Agreement on Supplementary Rules for Financial Support