Common use of Duration and Expiry Clause in Contracts

Duration and Expiry. 1. This Agreement shall remain effective for a period of 10 years from the date of the notification under Article 14 and shall remain in force for a further period of 5 years thereafter, unless either of the two Contracting Parties decides to denounce it not later than one year before its expiry date. 2. In the case of investments effected prior to the expiry date, as provided under paragraph 1 of this Article, the provisions of the Articles 1 to 13 shall remain effective for a further period of five years after the aforementioned dates. DONE in Rome, on the 12th day of December 1997, in two originals, each in the Italian and in the English languages, all texts being equally authentic. FOR THE GOVERNMENT OF THE ITALIAN REPUBLIC FOR THE GOVERNMENT OF THE REPUBLIC OF UGANDA In signing the Agreement between the Government of the Italian Republic and the Government of the Republic of Uganda on Investment Promotion and Protection, the Contracting Parties have also agreed the following clauses to be considered as integral parts of the Agreement.

Appears in 5 contracts

Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Agreement

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