Common use of Reasonable Period of Time for Compliance Clause in Contracts

Reasonable Period of Time for Compliance. 1. If immediate compliance is not possible, the Parties shall endeavour to mutually agree on the period of time to comply with the final report. In such a case, the Party complained against shall, no later than 30 days after the receipt of the final report, notify the complaining Party and the Committee of the time it will require for compliance (hereinafter referred to as the "reasonable period of time"). 2. If there is disagreement between the Parties on the reasonable period of time to comply with the final report, the complaining Party shall, within 20 days of the receipt of the notification made in accordance with paragraph 1 by the Party complained against, request, in writing, the arbitration panel established pursuant to Article 3.7 (Establishment of the Arbitration Panel) (hereinafter referred to as the "original arbitration panel") to determine the length of the reasonable period of time. That request shall be notified to the Party complained against and copied to the Committee. 3. The arbitration panel shall notify its ruling on the reasonable period of time to the Parties and to the Committee within 20 days of the date of the submission of the request referred to in paragraph 2. 4. The Party complained against shall inform, in writing, the complaining Party of its progress to comply with the final report at least 30 days before the expiry of the reasonable period of time. 5. The Parties may agree to extend the reasonable period of time.

Appears in 7 contracts

Samples: International Agreement, Investment Protection Agreement, Investment Protection Agreement

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Reasonable Period of Time for Compliance. 1. If immediate compliance is not possible, the Parties shall endeavour to mutually agree on the period of time to comply with the final report. In such a case, the Party complained against shall, no No later than 30 thirty days after the receipt of the final reportnotification of the arbitration panel ruling to the Parties, the Party complained against shall notify the complaining Party and the Committee of the time it will require for compliance (hereinafter referred to as the "reasonable period of time"), if immediate compliance is not possible. 2. If there is disagreement between the Parties on the reasonable period of time to comply with the final reportarbitration panel ruling, the complaining Party shall, within 20 twenty days of the receipt of the notification made in accordance with under paragraph 1 by the Party complained against, request, request in writing, writing the original arbitration panel established pursuant to Article 3.7 (Establishment of the Arbitration Panel) (hereinafter referred to as the "original arbitration panel") to determine the length of the reasonable period of time. That Such request shall be notified simultaneously to the other Party complained against and copied to the Committee. The original arbitration panel shall issue its ruling to the Parties and notify the Committee within twenty days from the date of the submission of the request. 3. The In the event that any member of the original arbitration panel is no longer available, the procedures set out in Article 3.29 (Establishment of the Arbitration Panel) shall notify its apply. The time limit for issuing the ruling on the reasonable period of time to the Parties and to the Committee within 20 shall be thirty-five days of from the date of the submission of the request referred to in paragraph 2. 4. The Party complained against shall inform, in writing, inform the complaining Party in writing of its progress to comply with the final report arbitration panel ruling at least 30 days one month before the expiry of the reasonable period of time. 5. The Parties may agree to extend the reasonable period of timetime may be extended by mutual agreement of the Parties.

Appears in 5 contracts

Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement

Reasonable Period of Time for Compliance. 1. If immediate compliance is not possible, the Parties shall endeavour to mutually agree on the period of time to comply with the final report. In such a case, the Party complained against shall, no later than 30 days after the receipt of the final report, notify the complaining Party and the Committee of the time it will require for compliance (hereinafter referred to as the "reasonable period of time"). 2. If there is disagreement between the Parties on the reasonable period of time to comply with the final report, the complaining Party shall, within 20 days of the receipt of the notification made in accordance with paragraph 1 by the Party complained against, request, in writing, the arbitration panel established pursuant to Article 3.7 (Establishment of the Arbitration Panel) (hereinafter referred to as the "original arbitration panel") to determine the length of the reasonable period of time. That request shall be notified to the Party complained against and copied against, with a copy thereof sent to the Committee. 3. The arbitration panel shall notify its ruling on the reasonable period of time to the Parties and to the Committee within 20 days of the date of the submission of the request referred to in paragraph 2. 4. The Party complained against shall inform, in writing, the complaining Party of its progress to comply with the final report at least 30 days before the expiry of the reasonable period of time. 5. The Parties may agree to extend the reasonable period of time.

Appears in 4 contracts

Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement

Reasonable Period of Time for Compliance. 1. If immediate compliance is not possible, the Parties shall endeavour to mutually agree on the period of time to comply with the final report. In such a case, the Party complained against shall, no No later than 30 thirty days after the receipt of the final reportnotification of the arbitration panel ruling to the Parties, the Party complained against shall notify the complaining Party and the Committee of the time it will require for compliance (hereinafter referred to as the "reasonable period of time"). , if immediate compliance is not possible. 2. If there is disagreement between the Parties on the reasonable period of time to comply with the final reportarbitration panel ruling, the complaining Party shall, within 20 twenty days of the receipt of the notification made in accordance with under paragraph 1 by the Party complained against, request, request in writing, writing the original arbitration panel established pursuant to Article 3.7 (Establishment of the Arbitration Panel) (hereinafter referred to as the "original arbitration panel") to determine the length of the reasonable period of time. That Such request shall be notified simultaneously to the other Party complained against and copied to the Committee. The original arbitration panel shall issue its ruling to the Parties and notify the Committee within twenty days from the date of the submission of the request. 3. The In the event that any member of the original arbitration panel is no longer available, the procedures set out in Article 3.29 (Establishment of the Arbitration Panel) shall notify its apply. The time limit for issuing the ruling on the reasonable period of time to the Parties and to the Committee within 20 shall be thirty-five days of from the date of the submission of the request referred to in paragraph 2. . 4. The Party complained against shall inform, in writing, inform the complaining Party in writing of its progress to comply with the final report arbitration panel ruling at least 30 days one month before the expiry of the reasonable period of time. 5. The Parties may agree to extend the reasonable period of timetime may be extended by mutual agreement of the Parties.

Appears in 3 contracts

Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement

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Reasonable Period of Time for Compliance. 1. If immediate compliance is not possible, the Parties shall endeavour to mutually agree on the period of time to comply with the final report. In such a case, the Party complained against shall, no No later than 30 days after the receipt of the final reportnotification of the ruling of the arbitration panel to the Parties, the Party against which the complaint was made shall notify the complaining Party and the Committee of the time it will require for compliance to comply with the ruling of the arbitration panel (hereinafter referred to as the "reasonable period of time"), if immediate compliance is not possible. 2. If there is disagreement between the Parties on the reasonable period of time to comply for compliance with the final report, ruling of the complaining Party shallarbitration panel, within 20 days of the receipt of the notification made in accordance with under paragraph 1 by the Party complained against, the complaining Party shall request in writing that the original arbitration panel determine the reasonable period of time. Such request shall be notified simultaneously to the other Party and to the Committee. The original arbitration panel shall issue its ruling to the Parties, and shall notify the Committee thereof, within 20 days of the date of the submission of the request, in writing. 3. In the event that any member of the original arbitration panel is no longer available, the arbitration panel established pursuant to procedures set out in Article 3.7 3.29 (Establishment of the Arbitration Panel) (hereinafter referred to as shall apply. The time limit for issuing the "original arbitration panel") to determine the length of the reasonable period of time. That request ruling shall be notified to the Party complained against and copied to the Committee. 3. The arbitration panel shall notify its ruling on the reasonable period of time to the Parties and to the Committee within 20 35 days of from the date of the submission of the request referred to in paragraph 2. 4. The Party complained against which the complaint was made shall inform, in writing, inform the complaining Party in writing of its progress to comply in complying with the final report ruling of the arbitration panel at least 30 days one month before the expiry of the reasonable period of time. 5. The Parties may agree to extend the reasonable period of timetime may be extended by mutual agreement of the Parties.

Appears in 2 contracts

Samples: Investment Protection Agreement, Investment Protection Agreement

Reasonable Period of Time for Compliance. 1. If immediate compliance is not possible, the Parties shall endeavour to mutually agree on the period of time to comply with the final report. In such a case, the Party complained against shall, no later than 30 days after the receipt of the final report, notify the complaining Party and the Trade Committee of the time it will require for compliance (hereinafter referred to as the "reasonable period of time"). 2. If there is disagreement between the Parties on the reasonable period of time to comply with the final report, the complaining Party shall, within 20 days of the receipt of the notification made in accordance with paragraph 1 by the Party complained against, request, in writing, the arbitration panel established pursuant to Article 3.7 15.7 (Establishment of the Arbitration Panel) (hereinafter referred to as the "original arbitration panel") to determine the length of the reasonable period of time. That request shall be notified to the Party complained against and copied to the Trade Committee. 3. The arbitration panel shall notify its ruling on the reasonable period of time to the Parties and to the Trade Committee within 20 days of the date of the submission of the request referred to in paragraph 2. 4. The Party complained against shall inform, in writing, the complaining Party of its progress to comply with the final report at least 30 days before the expiry of the reasonable period of time. 5. The Parties may agree to extend the reasonable period of time.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

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