Common use of Xxxxxx Xxxx Clause in Contracts

Xxxxxx Xxxx. For Mongolia: Luvsan ERDENECHULLUN PROTOCOL At the moment of signing the Convention between the Republic of Austria and Mongolia with respect to taxes on income and on capital, the undersigned have agreed that the following provisions shall form an integral part of the Convention: Interpretation of the Convention It is understood that provisions of the Convention which are drafted according to the corresponding provisions of the OECD Model Convention on income and on capital or the United Nations Model Double Taxation Convention between Developed and Developing Countries shall generally be expected to have the same meaning as expressed in the OECD or UN Commentaries thereon. The understanding in the preceding sentence will not apply with respect to any contrary interpretation agreed to by the competent authorities after the entry into force of the Convention. The Commentaries - as they may be revised from time to time - constitute a means of interpretation in the sense of the Vienna Convention of 23 May 1969 on the Law of Treaties. In case of any divergence in the interpretation as expressed in the commentaries of the OECD and the UN Model, a common interpretation would have to be sought by mutual agreement according to Article 26, if necessary.

Xxxxxx Xxxx. For Mongolia: Luvsan ERDENECHULLUN Xxxxxx XXXXXXXXXXXXX PROTOCOL At the moment of signing the Convention between the Republic of Austria and Mongolia with respect to taxes on income and on capital, the undersigned have agreed that the following provisions shall form an integral part of the Convention: Interpretation of the Convention It is understood that provisions of the Convention which are drafted according to the corresponding provisions of the OECD Model Convention on income and on capital or the United Nations Model Double Taxation Convention between Developed and Developing Countries shall generally be expected to have the same meaning as expressed in the OECD or UN Commentaries thereon. The understanding in the preceding sentence will not apply with respect to any contrary interpretation agreed to by the competent authorities after the entry into force of the Convention. The Commentaries - as they may be revised from time to time - constitute a means of interpretation in the sense of the Vienna Convention of 23 May 1969 on the Law of Treaties. In case of any divergence in the interpretation as expressed in the commentaries of the OECD and the UN Model, a common interpretation would have to be sought by mutual agreement according to Article 26, if necessary.