Common use of Privatization of Entities Clause in Contracts

Privatization of Entities. When government control at the federal or central government level over an entity specified in Annex 11 has been effectively eliminated, notwithstanding that the government may possess holding thereof or appoint member of the board of directors thereto, this Chapter shall no longer apply to that entity. A Party shall notify the other Party of the name of such entity before elimination of government control or as soon thereafter as possible.

Privatization of Entities. When government control at the federal or central government centralgovernment level over an entity specified in Annex 11 has been hasbeen effectively eliminated, notwithstanding that the government thegovernment may possess holding thereof or appoint member of the ofthe board of directors thereto, this Chapter shall no longer nolonger apply to that entity. A Party shall notify the other Party of the name of such entity before elimination of eliminationof government control or as soon thereafter as possible.

Privatization of Entities. When government control at the federal or central government level over an entity specified in Annex 11 has been effectively eliminated, notwithstanding that the government may possess holding thereof or appoint member of the board of directors thereto, this Chapter shall no longer nol onger apply to that entity. A Party shall notify the other Party of the name of such entity before elimination of government control or as soon thereafter as possible.