Common use of Entry into force and duration of the agreement Clause in Contracts

Entry into force and duration of the agreement. 1. Each Contracting Party shall notify the other Contracting Party in written form of the completion of its internal procedures required for the entry into force of this Agreement. This Agreement shall enter into force on the date of the latter of the two notifications. 2. This Agreement shall remain in force for a period of fifteen years. Thereafter, it shall remain in forces for an unlimited period unless denounced in writing by either Contracting Party twelve months in advance. 3. This Agreement may be amended by mutual written consent of the Contracting Parties. Any amendment shall enter into force after each Contracting Party has notified in written form the other Party that it has completed all internal requirements for entry into force of such amendment. 4. With respect to the investments made prior to the date of termination of this Agreement and to which this Agreement otherwise applies, the provisions of this Agreement shall thereafter continue to be effective for the next five years from the date of termination.

Entry into force and duration of the agreement. 1. Each Contracting Party shall notify in writing the other Contracting Party in written form of the completion of its internal procedures required for the entry into force of this Agreement. This Agreement shall enter into force on the date of the latter of the two notificationslast notification. 2. This Agreement shall remain in force for a period of fifteen years. Thereafter, Thereafter it shall remain in forces for an unlimited period unless denounced in writing by force until the expiration of twelve months from the date on which either Contracting Party twelve months in advanceshall give written notice of termination to the other Contracting Party. 3. This Agreement may be amended by mutual written consent of agreement between the Contracting Parties. Any amendment shall enter into force after when each Contracting Party has notified in written form the other Party that it has completed all internal requirements procedures required for entry into force of such amendment. 4. With respect to the investments made prior to the date of termination of this Agreement and to which this Agreement otherwise applies, the provisions of all the other Articles of this Agreement shall thereafter continue to be effective remain in force for the next five a further period of fifteen years from the such date of termination.