Final Provisions, Entry Into Force, Duration, Termination and Amendments. 1. This Agreement shall apply without prejudice to the rights and obligations deriving from Hungary’s membership in the European Union, and subject to those obligations. Consequently, the provisions of this Agreement may not be invoked or interpreted neither in whole nor in part in such a way as to invalidate, amend or otherwise affect the obligations of Hungary arising from the Treaties on which the European Union is founded. 2. The Contracting Parties shall notify each other through diplomatic channels that their internal procedure requirements for the entry into force of this Agreement have been complied with. This Agreement shall enter into force sixty (60) days after the receipt of the last notification. 3. This Agreement shall remain in force for a period of ten years and afterwards shall continue to be in force unless, either Contracting Party notifies in writing the other Contracting Party of its intention to terminate this Agreement. The notice of termination shall become effective one year after it has been received by the other Contracting Party but not earlier than the expiry of the initial period of ten years. 4. In respect of investments made prior to the termination of this Agreement, the provisions of this Agreement shall continue to be effective for a period of ten years from the date of termination. 5. This Agreement may be amended by written agreement between the Contracting Parties. Any amendment shall be integral part of the Agreement and enter into force under the same procedure required for entering into force of the present Agreement.
Appears in 2 contracts
Samples: Investment Protection Agreement, Investment Protection Agreement
Final Provisions, Entry Into Force, Duration, Termination and Amendments. 1. This Agreement shall apply without prejudice to the rights and obligations deriving from Hungary’s membership in the European Union, and subject to those obligations. Consequently, Consequently the provisions of this Agreement may not be invoked or interpreted neither in whole nor in part in such a way as to invalidate, amend or otherwise affect the obligations of Hungary arising from the Treaties on which the European Union is founded.
2. The Contracting Parties shall notify each other through diplomatic channels that their internal procedure requirements for the entry into force of this Agreement have been complied with. This Agreement shall enter into force sixty (60) days after the receipt date of the last notification.
3. This Agreement shall remain in force for a period of ten years and afterwards shall continue to be in force unless, either Contracting Party notifies in writing the other Contracting Party of its intention to terminate this Agreement. The notice of termination shall become effective one year after it has been received by the other Contracting Party but not earlier than the expiry of the initial period of ten years.
4. In respect of investments made prior to the termination of this Agreement, the provisions of this Agreement shall continue to be effective for a period of ten years from the date of termination.
5. This Agreement may be amended by written agreement between at the request of either Contracting PartiesParty. Any amendment shall be integral part of the Agreement and enter into force under the same procedure required for entering into force of the present Agreement.
6. In case a multilateral investment tribunal or a multilateral appellate mechanism applicable to disputes will be established, provided that both Hungary and the United Arab Emirates become Parties to that agreement, the relevant parts dealing with disputes of the present Agreement shall cease to apply.
Appears in 2 contracts
Samples: Investment Protection Agreement, Investment Protection Agreement
Final Provisions, Entry Into Force, Duration, Termination and Amendments. 1. This Agreement shall apply without prejudice to the rights and obligations deriving from Hungary’s the membership in the European Union, and subject to those obligations. Consequently, Consequently the provisions of this Agreement may not be invoked or interpreted neither in whole nor in part in such a way as to invalidate, amend or otherwise affect the obligations of the Republic of Hungary arising from the Treaties on which the European Union is foundedfounded as well as from the primary and secondary law of the European Union.
2. The Contracting Parties shall notify each other through diplomatic channels that their internal procedure requirements for the entry into force of this Agreement have been complied with. This Agreement shall enter into force sixty (60) days after the receipt date of the last notification.
3. This Agreement shall remain in force for a period of ten years, afterwards automatically prolonged for consecutive ten- years and afterwards shall continue to be in force unlessperiods, either until one of the Contracting Party Parties notifies in writing the other Contracting Party in writing about the termination of its intention to terminate this Agreement. The notice of termination shall become effective the Agreement at least one year after it has been received by before the other Contracting Party but not earlier than the expiry end of the initial period of ten yearsactual ten-year period.
4. In respect of investments made prior to the termination of this Agreement, the provisions of this Agreement shall continue to be effective for a period of ten years from the date of termination.
5. This Agreement may be amended by written agreement between the Contracting Parties. Any amendment shall be integral inalienable part of the Agreement and enter into force under the same procedure required for entering into force of the present Agreement.
Appears in 1 contract
Final Provisions, Entry Into Force, Duration, Termination and Amendments. 1. This Agreement shall apply without prejudice to the rights and obligations deriving from Hungary’s membership in the European Union, and subject to those obligations. Consequently, Consequently the provisions of this Agreement may not be invoked or interpreted neither in whole nor in part in such a way as to invalidate, amend or otherwise affect the obligations of Hungary arising from the Treaties on which the European Union is founded.
2. The Contracting Parties shall notify each other through diplomatic channels that their internal procedure requirements for the entry into force of this Agreement have been complied with. This Agreement shall enter into force sixty (60) days after the receipt of the last notification.
3. This Agreement shall remain in force for a period of ten years and afterwards shall continue to be in force unless, either Contracting Party notifies in writing the other Contracting Party of its intention to terminate this Agreement. The notice of termination shall become effective one year after it has been received by the other Contracting Party but not earlier than the expiry of the initial period of ten years.
4. In respect of investments made prior to the termination of this Agreement, the provisions of this Agreement shall continue to be effective for a period of ten years from the date of termination.
5. This Agreement may be amended by written agreement between the Contracting Parties. Any amendment shall be integral part of the Agreement and enter into force under the same procedure required for entering into force of the present Agreement.
Appears in 1 contract
Samples: Investment Protection Agreement
Final Provisions, Entry Into Force, Duration, Termination and Amendments. 1. This Agreement shall apply without prejudice to the rights and obligations deriving from Hungary’s 's membership in the European Union, and subject to those obligations. Consequently, Consequently the provisions of this Agreement may not be invoked or interpreted neither in whole nor in part in such a way as to invalidate, amend or otherwise affect the obligations of Hungary arising from the Treaties on which the European Union is founded.
2. The Contracting Parties shall notify each other through diplomatic channels that their internal procedure requirements for the entry into force of this Agreement have been complied with. This Agreement shall enter into force sixty (60) days after the receipt of the last notification.
3. This Agreement shall remain in force for a period of ten years and afterwards shall continue to be in force unless, either Contracting Party notifies in writing the other Contracting Party of its intention to terminate this Agreement. The notice of termination shall become effective one year after it has been received by the other Contracting Party but not earlier than the expiry of the initial period of ten years.
4. In respect of investments made prior to the termination of this Agreement, the provisions of this Agreement shall continue to be effective for a period of ten years from the date of termination.
5. This Agreement may be amended by written agreement between the Contracting Parties. Any amendment shall be integral part of the Agreement and enter into force under the same procedure required for entering into force of the present Agreement.
Appears in 1 contract
Samples: Investment Protection Agreement
Final Provisions, Entry Into Force, Duration, Termination and Amendments. 11 . This Agreement shall apply without prejudice to the rights and obligations deriving from Hungary’s the membership in the European Union, and subject to those obligations. Consequently, Consequently the provisions of this Agreement may not be invoked or interpreted neither in whole nor in part in such a way as to invalidate, amend or otherwise affect the obligations of the Republic of Hungary arising from the Treaties on which the European Union is foundedfounded as well as from the primary and secondary law of the European Union.
22 . The Contracting Parties shall notify each other through diplomatic channels that their internal procedure requirements for the entry into force of this Agreement have been complied with. This Agreement shall enter into force sixty (60) days after the receipt date of the last notification.
33 . This Agreement shall remain in force for a period of ten years, afterwards automatically prolonged for consecutive ten- years and afterwards shall continue to be in force unlessperiods, either until one of the Contracting Party Parties notifies in writing the other Contracting Party in writing about the termination of its intention to terminate this Agreement. The notice of termination shall become effective the Agreement at least one year after it has been received by before the other Contracting Party but not earlier than the expiry end of the initial period of ten yearsactual ten-year period.
44 . In respect of investments made prior to the termination of this Agreement, the provisions of this Agreement shall continue to be effective for a period of ten years from the date of termination.
55 . This Agreement may be amended by written agreement between the Contracting Parties. Any amendment shall be integral inalienable part of the Agreement and enter into force under the same procedure required for entering into force of the present Agreement.
Appears in 1 contract
Samples: Investment Agreement
Final Provisions, Entry Into Force, Duration, Termination and Amendments. 1. This Agreement shall apply without prejudice to the rights and obligations deriving from Hungary’s 's membership in the European Union, and subject to those obligations. Consequently, the provisions of this Agreement may not be invoked or interpreted neither in whole nor in part in such a way as to invalidate, amend or otherwise affect the obligations of Hungary arising from the Treaties on which the European Union is founded.
2. The Contracting Parties shall notify each other through diplomatic channels that their internal procedure legal procedural requirements for the entry into force of this Agreement have been complied with. This Agreement shall enter into force sixty 60 (60sixty) days after the receipt of the last notification.
3. This Agreement shall remain in force for a period of ten 10 (ten) years and afterwards shall continue to be in force unless, unless either Contracting Party Partly notifies in writing the other Contracting Party through diplomatic channels of its intention to terminate this Agreement. The notice of termination shall become effective one 1 (one) year after it has been received by the other Contracting Party but not earlier than the expiry of the initial period of ten 10 (ten) years.
4. In respect of investments Investments made prior to the termination of this Agreement, the provisions of this Agreement shall continue to be effective for a period of ten 10 (ten) years from the date of termination.
5. This Agreement may be amended by written agreement through diplomatic channels between the Contracting Parties. Any amendment shall be an integral part of the Agreement and enter enters into force under in the same procedure required for entering into force manner as specified mn paragraph 2 of the present Agreementthis Article.
Appears in 1 contract
Samples: Investment Protection Agreement
Final Provisions, Entry Into Force, Duration, Termination and Amendments. 1. This Agreement shall apply without prejudice to the rights and obligations deriving from Hungary’s the membership in the European Union, and subject to those obligations. Consequently, Consequently the provisions of this Agreement may not be invoked or interpreted neither in whole nor in part in such a way as to invalidate, amend or otherwise affect the obligations of the Republic of Hungary arising from the Treaties on which the European Union is foundedfounded as well as from the primary and secondary law of the European Union.
2. The Contracting Parties shall notify each other through diplomatic channels that their internal procedure requirements for the entry into force of this Agreement have been complied with. This Agreement shall enter into force sixty (60) days after the receipt date of the last notification.
3. This Agreement shall remain in force for a period of ten years, afterwards automatically prolonged for consecutive ten-years and afterwards shall continue to be in force unlessperiods, either until one of the Contracting Party Parties notifies in writing the other Contracting Party in writing about the termination of its intention to terminate this Agreement. The notice of termination shall become effective the Agreement at least one year after it has been received by before the other Contracting Party but not earlier than the expiry end of the initial period of ten yearsactual ten-year period.
4. In respect of investments made prior to the termination of this Agreement, the provisions of this Agreement shall continue to be effective for a period of ten years from the date of termination.
5. This Agreement may be amended by written agreement between the Contracting Parties. Any amendment shall be integral inalienable part of the Agreement and enter into force under the same procedure required for entering into force of the present Agreement.
Appears in 1 contract
Samples: Investment Protection Agreement