Common use of ENTRY INTO FORCE, DURATION, TERMINATION AND RENEWAL Clause in Contracts

ENTRY INTO FORCE, DURATION, TERMINATION AND RENEWAL. Each Party shall notify the other Party in writing of the completion of its respective procedures for the entry into force of this Agreement. This Agreement shall enter into force on the date of the last of these notifications and shall remain in force for a period of seven years following that date. The present Agreement may be terminated upon one year’s written notice by either Party before its expiry date, referred to in paragraph 1 of this Article. Termination or expiry of the present Agreement shall not affect the validity of those rights and obligations of either Party, which are meant to survive its termination or expiry or its interpretation such as, but not limited to, dispute resolution, liability, intellectual property rights, nor of additional arrangements entered into between the Parties. The participation of Slovakia in the Agency’s optional programmes, or parts thereof, pursuant to Article 4 above which is effective at the time of termination of this Agreement, shall remain effective until the completion of the activities under the respective programmes or parts thereof, on the understanding that completion of the respective programmes will be notified by the Agency to Slovakia. Taking into account any outstanding obligation incurred under Article 4 above, Slovakia shall contribute to the part of the common infrastructure plan in force and the part of the fixed common costs to be borne by the General Budget at a rate to be mutually agreed. Article 4 above, and this paragraph, shall remain in force and continue to produce their effects after the termination or expiry of this Agreement. Four years after the entry into force as well as one year before the expiry of the present Agreement, the Parties shall proceed to a formal review of their cooperation under this Agreement. On the basis of the latter review, the Parties shall examine ways and means of continuing or further developing such cooperation, including the possibility of Slovakia extending present Agreement or being granted the status of Member State of the Agency. The granting of such a status to Slovakia shall be subject of a specific Council decision, in accordance with the Convention and on the basis of a written request to be made by Slovakia. The present Agreement may be extended for further periods by mutual agreement in writing. The present Agreement shall remain in force during the time necessary to complete the procedures for such renewal. Upon its entry into force, the present Agreement shall replace and supersede the ECS Agreement between the Parties, referred to in the preamble, it being understood that the provisions of the latter Agreement shall nevertheless continue to apply to the extent necessary to secure the implementation of any arrangements and contracts that have been concluded within the framework of said Agreement, and which are still effective on the date said Agreement ceases to be in force. Done at …………………………… on …………………………… In two originals in the English and Slovak languages which shall both be legally authentic for the purpose of interpretation of the present Agreement. The signatories may also establish translations hereof in the French and German languages, which shall not, however, be considered as authoritative for the purposes of interpretation. ………………………………… ………………………………… For the Slovak Republic For the European Space Agency

Appears in 1 contract

Samples: Association Agreement

AutoNDA by SimpleDocs

ENTRY INTO FORCE, DURATION, TERMINATION AND RENEWAL. Each Each Party shall notify the other Party in writing of the completion of its respective procedures for the entry into force of this Agreement. This Agreement shall enter into force on the date of the last of these notifications and shall remain in force for a period of seven years following that date. The present Agreement may be terminated upon one year’s written notice by either Party before its expiry date, the end of the seven year period referred to in paragraph 1 of this Article17.1 above. Termination or expiry of the present Agreement shall not affect the validity of those rights and obligations of either Party, Party which are meant to survive its termination or expiry or its interpretation such as, but not limited to, dispute resolution, liability, intellectual property rights, nor of additional arrangements entered into between the Parties. The participation of Slovakia Latvia in the Agency’s optional programmes, or parts thereof, pursuant to Article 4 above which is effective at the time of termination of this Agreement, Agreement shall remain effective until the completion of the activities under the respective programmes or parts thereof, on the understanding that completion of the respective programmes will be notified by the Agency to SlovakiaLatvia. Taking into account any outstanding obligation incurred under Article 4 above, Slovakia Latvia shall contribute to the part of the common infrastructure plan in force and the part of the fixed common costs to be borne by the General Budget at a rate to be mutually agreed. Article 4 above, and this paragraph, shall remain in force and continue to produce their effects after the termination or expiry of this Agreement. Four years after the entry into force as well as one year before the expiry of the present Agreement, the Parties shall proceed to a formal review of their cooperation under this Agreement. On the basis of the latter review, the Parties shall examine ways and means of continuing or further developing such cooperation, cooperation including the possibility of Slovakia Latvia extending present Agreement or being granted the status of Member State of the Agency. The granting of such a status to Slovakia Latvia shall be subject of a specific Council decision, in accordance with the Convention and on the basis of a written request to be made by SlovakiaLatvia. The present Agreement may be extended for further periods by mutual agreement in writing. The present Agreement shall remain in force during the time necessary to complete the procedures for such renewal. Upon its entry into force, the present Agreement shall replace and supersede the ECS Agreement between the Parties, Parties referred to in the preamble, it being understood that the provisions of the latter Agreement shall nevertheless continue to apply to the extent necessary to secure the implementation of any arrangements and contracts that have been concluded within the framework of said Agreement, Agreement and which are still effective on the date said Agreement ceases to be in force. Done at ……………at………………………… on …………………………… In ………in two originals in the Latvian and English and Slovak languages which shall languages, both be legally authentic for the purpose of interpretation of the present Agreementtext being equally authentic. The signatories may also establish translations hereof in the French and German languages, which shall not, however, be considered as authoritative for the purposes of interpretation. For the Government of the Republic of Latvia For the European Space Agency ………………………………………… ……………………………………… For the Slovak Republic For the European Space AgencyMinister for Education and Science Ilga Šuplinska Director General

Appears in 1 contract

Samples: Association Agreement

ENTRY INTO FORCE, DURATION, TERMINATION AND RENEWAL. 1. Each Party shall notify the other Party in writing of the completion of its respective procedures for the entry into force of this Agreement. This Agreement shall enter into force on the date of the last of these notifications and shall remain in force for a period of seven years following that date. 2. The present Agreement may be terminated upon one year’s written notice by either Party before its expiry date, referred to in paragraph 1 of this Article. 3. Termination or expiry of the present Agreement shall not affect the validity of those rights and obligations of either Party, which are meant to survive its termination or expiry or its interpretation such as, but not limited to, dispute resolution, liability, intellectual property rights, nor of additional arrangements entered into between the Parties. The participation of Slovakia in the Agency’s optional programmes, or parts thereof, pursuant to Article 4 above which is effective at the time of termination of this Agreement, shall remain effective until the completion of the activities under the respective programmes or parts thereof, on the understanding that completion of the respective programmes will be notified by the Agency to Slovakia. Taking into account any outstanding obligation incurred under Article 4 above, Slovakia shall contribute to the part of the common infrastructure plan in force and the part of the fixed common costs to be borne by the General Budget at a rate to be mutually agreed. Article 4 above, and this paragraph, shall remain in force and continue to produce their effects after the termination or expiry of this Agreement. 4. Four years after the entry into force as well as one year before the expiry of the present Agreement, the Parties shall proceed to a formal review of their cooperation under this Agreement. On the basis of the latter review, the Parties shall examine ways and means of continuing or further developing such cooperation, including the possibility of Slovakia extending present Agreement or being granted the status of Member State of the Agency. The granting of such a status to Slovakia shall be subject of a specific Council decision, in accordance with the Convention and on the basis of a written request to be made by Slovakia. 5. The present Agreement may be extended for further periods by mutual agreement in writing. The present Agreement shall remain in force during the time necessary to complete the procedures for such renewal. 6. Upon its entry into force, the present Agreement shall replace and supersede the ECS Agreement between the Parties, referred to in the preamble, it being understood that the provisions of the latter Agreement shall nevertheless continue to apply to the extent necessary to secure the implementation of any arrangements and contracts that have been concluded within the framework of said Agreement, and which are still effective on the date said Agreement ceases to be in force. Done at …………………………… on …………………………… In two originals in the English and Slovak languages which shall both be legally authentic for the purpose of interpretation of the present Agreement. The signatories may also establish translations hereof in the French and German languages, which shall not, however, be considered as authoritative for the purposes of interpretation. ………………………………… ………………………………… For the Slovak Republic For the European Space Agency 1. Scope of the assistance provided by the Agency a) National Programme Element (hereinafter referred to as “NPE”): Assistance to national programme for space development (maximum 50% of the budget dedicated to RPA) b) Industrial Incentive Scheme Element (hereinafter referred to as “IIS”) The goals and possible content of the two elements are specified in detail in Annex II.

Appears in 1 contract

Samples: Association Agreement

AutoNDA by SimpleDocs

ENTRY INTO FORCE, DURATION, TERMINATION AND RENEWAL. 1. Each Party shall notify the other Party in writing of the completion of its respective procedures for the entry into force of this Agreement. This Agreement shall enter into force on the date of the last of these notifications and shall remain in force for a period of seven years following that date. 2. The present Agreement may be terminated upon one year’s written notice by either Party before its expiry date, date referred to in paragraph 1 of this Article. 3. Termination or expiry of the present Agreement shall not affect the validity of those rights and obligations of either Party, Party which are meant to survive its termination or expiry or its interpretation such as, but not limited to, dispute resolution, liability, intellectual property rights, nor of additional arrangements entered into between the Parties. The participation of Slovakia Lithuania in the Agency’s optional programmes, or parts thereof, pursuant to Article 4 above which is effective at the time of termination of this Agreement, Agreement shall remain effective until the completion of the activities under the respective programmes or parts thereof, on the understanding that completion of the respective programmes will be notified by the Agency to SlovakiaLithuania. Taking into account any outstanding obligation incurred under Article 4 above, Slovakia Lithuania shall contribute to the part of the common infrastructure plan in force and the part of the fixed common costs to be borne by the General Budget at a rate to be mutually agreed. Article 4 above, and this paragraph, shall remain in force and continue to produce their effects after the termination or expiry of this Agreement. 4. Four years after the entry into force as well as one year before the expiry of the present Agreement, the Parties shall proceed to a formal review of their cooperation under this Agreement. On the basis of the latter review, the Parties shall examine ways and means of continuing or further developing such cooperation, cooperation including the possibility of Slovakia Lithuania extending present Agreement or being granted the status of Member State of the Agency. The granting of such a status to Slovakia Lithuania shall be subject of a specific Council decision, in accordance with the Convention and on the basis of a written request to be made by SlovakiaLithuania. 5. The present Agreement may be extended for further periods by mutual agreement in writing. The present Agreement shall remain in force during the time necessary to complete the procedures for such renewal. 6. Upon its entry into force, the present Agreement shall replace and supersede supercede the ECS Agreement between the Parties, Parties referred to in the preamble, it being understood that the provisions of the latter Agreement shall nevertheless continue to apply to the extent necessary to secure the implementation of any arrangements and contracts that have been concluded within the framework of said Agreement, Agreement and which are still effective on the date said Agreement ceases to be in force. Done at …………………………… [place] on …………………………… In [date] in two originals in the Lithuanian and English and Slovak languages which shall languages, both be legally authentic for texts being equally authentic. In the purpose event of any dispute or divergence of interpretation of in relation to this Agreement the present Agreementtext in the English language shall prevail. The signatories may also establish translations hereof in the French and German languages, which shall not, however, be considered as authoritative for the purposes of interpretation. ………………………………………… ……………………………………… For the Slovak Government of the Republic For the European Space Agency of Lithuania 1. Scope of the assistance provided by the Agency a) National Programme Element (hereinafter referred to as “NPE”): Assistance to national programme for space development (maximum 50% of the budget dedicated to RPA) b) Industrial Incentive Scheme Element (hereinafter referred to as “IIS”) The goals and possible content of the two elements are specified in detail in Annex II.

Appears in 1 contract

Samples: Association Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!