Membership and Withdrawal. 7.1 New parties to this Agreement may be added only upon the unanimous consent of the Parties. The addition of any new party to this Agreement shall become effective after an amendment noticing its admission has been filed with the Federal Maritime Commission and become effective under the Shipping Act of 1984, as amended.
7.2 Any Party may withdraw from this Agreement upon ninety (90) days’ advance written notice to the other Parties, such notice to be sent to the address set forth in Article 3 above.
7.3 The Parties will promptly notify the Federal Maritime Commission of any withdrawal pursuant to this Article or of the termination of the Agreement.
Membership and Withdrawal. Subject to the provisions of Article 9 hereof, either party may resign from the Agreement by giving thirty (30) day's prior written notice to the other party.
Membership and Withdrawal. Any ocean common carrier (as defined in the Shipping Act of 1984) which is regularly engaged as an ocean common carrier in the or any Conference or Discussion Agreement of ocean common carriers whose members offer a regular service in the directly or by transshipment, or which furnishes evidence of ability and an intention in good faith to institute and maintain a regular service in the may hereafter become a party to this Agreement by signing the Agreement or a counterpart copy thereof and furnishing the same to the other parties. Prompt notice of admission to membership shall be furnished to the Federal Maritime Commission and no admission shall be effective prior to the date a party's admission is effective in accordance with the regulations of the Federal Maritime Commission. Any signatory may terminate its membership in the Agreement without penalty by giving thirty days' written notice to the other signatories. Notice of withdrawal of a signatory shall be promptly furnished to ,. Federal Maritime Commission. .
Membership and Withdrawal. 7.1 Any ocean common carrier that regularly operates liner vessels in the Trade may become a Party to the Agreement upon application to the Secretariat, execution of the Agreement and action by the Parties.
7.2 All changes in the Parties to the Agreement will be effective in accordance with the regulations of the FMC.
7.3 Any Party may withdraw from the Agreement at any time by providing not less than thirty (30) days' written notice of withdrawal to the Secretariat. A Party that has given notice of withdrawal shall have no vote on matters before the Agreement. Following such notice, by a unanimous vote, the Parties other than the withdrawing party may decide that the withdrawing party shall not attend any or all meetings of the Agreement or receive any or all regular memoranda or other information distributed by the Agreement Secretariat, other than communications required in connection with the administration of the withdrawal. First Revised Page No. 13a ARTICLE 8 - VOTING Agreement action shall be upon a vote of three fourths (3/4) of all Parties who are then entitled to vote. Provided, that Agreement action on modifications to this Agreement and internal administrative matters, including allocation of Agreement expenses , shall be upon unanimous vote of all Parties who are then entitled to vote. Voting may Second Revised Page No. 14 be accomplished during a meeting as well as by telephone, video conference, e- mail, telefax, telex, or any electronic or other means as designated by the Agreement Secretariat.
Membership and Withdrawal. 7.1 Any Party may withdraw from this Agreement by giving six (6) months’ prior written notice to the other Partyies. In the event of termination of this Agreement or withdrawal by one of the Parties, the Parties shall continue to be liable to one another in respect to all liabilities and obligations accrued or due prior to termination or withdrawal, and in such other respects as the Parties may determine to be fair as between the Parties in relation to the completion of all contracts of carriage outstanding at the date of termination or withdrawal.
7.2 A new party may be added only by unanimous agreement of the Parties.
Membership and Withdrawal. Membership is limited to the Parties. Any Party may withdraw from the Agreement as provided in Article 9 hereof.
Membership and Withdrawal. Subject to the provisions of Article 8 hereof, either Party may resign from the Agreement by giving sixty (60) days’ prior written notice to the other Party.
Membership and Withdrawal. 7.1 Any Party may withdraw from this Agreement by providing not less than four months’ prior notice to the other Party; provided, however, that no such notice may be served prior to the first anniversary of the effective date of this Agreement.
7.2 Notwithstanding anything to the contrary in Article 7.1 hereof, any Party may withdraw from this Agreement under any of the following conditions:
(a) If at any time during the term of this Agreement there shall be a change in the ownership or control of any Party, then such other Party may, WEST COAST NORTH AMERICA/PACIFIC ISLANDS VESSEL SHARING AGREEMENT FMC Agreement No. Original Page No. 8 within four (4) months of becoming aware of such change, withdraw from this Agreement on not less than two (2) months’ notice to the other Party.
(b) If war, whether declared or not, or hostilities or the imminence thereof or civil commotion, revolution or widespread terrorist action render the performance of this Agreement wholly or substantially impractical for the foreseeable future or if any Party is prevented by government intervention from continuing in the Trade or a substantial part hereof, such Party may withdraw with immediate effect by giving notice to the other Party;
(c) If at any time during the term of this Agreement, any Party, (a) is dissolved, (b) becomes insolvent or fails to pay its debts as they become due, (c) makes a general assignment, arrangement or composition with or for the benefit of its creditors, (d) has a winding up order made against it or enters into liquidation whether voluntarily or compulsorily, or (e) seeks or becomes the subject of the appointment of an administrator, receiver, trustee, custodian or other similar official for it or for substantially all of its assets, and the other Party is of the opinion that such event or occurrence is or may be materially detrimental to the Agreement, then the other Party may give notice to the affected Party withdrawing with immediate effect or suspending this Agreement or any part thereof for such period as the other Party, in its sole discretion deems appropriate; and WEST COAST NORTH AMERICA/PACIFIC ISLANDS VESSEL SHARING AGREEMENT FMC Agreement No. Original Page No. 9
(d) If at any time during the term of this Agreement a Party commits a material breach, and such material breach remains uncured for a period of ten
Membership and Withdrawal. (1) Membership of AMRO shall be open to governments whose relevant authorities are parties to the regional financial arrangement on the condition that they accept the obligations contained in this Agreement and are able and willing to carry out these obligations.
(2) Following the approval by the Executive Committee, an applicant shall become a member upon deposit of an instrument of accession with the Depositary, who shall notify the other members thereof.
(3) Any member whose relevant authorities cease to be parties to the regional financial arrangement may withdraw from AMRO at any time by delivering a notice in writing to Headquarters of AMRO. A withdrawing member shall remain liable for all direct and contingent obligations to AMRO to which it was subject at the date of cessation of membership.
(4) Withdrawal by a member shall become effective, and its membership shall cease, on the date specified in its notice but in no event earlier than six (6) months after the date that notice has been received by Headquarters of AMRO.
Membership and Withdrawal. A. Additional public port authorities meeting the requirements in Article 3, paragraph 1, will be eligible to become a Member Port if approved by both of the two initial Member Ports (GPA and SCPA), and subject to such conditions as the two initial Member Ports shall prescribe. Addition of a new Member will require an amendment to this Agreement, and will become effective in accordance with the provisions of the Shipping Act of 1984.
B. Any party to this Agreement may withdraw from the Agreement at any time upon one hundred and eighty (180) days prior written notice to the other party at the address set forth herein. In the event a party withdraws, the withdrawing party shall return or certify the destruction of any confidential information exchanged under this Agreement. Notice of withdrawal shall be provided to the Federal Maritime Commission, and such withdrawal will become effective as of the date permitted under the Shipping Act of 1984. The withdrawing party will be responsible for all costs associated with the withdrawal.
