Revision clause Sample Clauses

Revision clause. The Parties may by mutual consent amend and revise this Part with a view to deepening their trade and investment relationship.
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Revision clause. Upon request by a Party, the Parties shall consult to consider accelerating the elimination of customs duties as set out in Annex 1 or incorporating into one Party’s schedule, goods that are not subject to the elimination schedule. Further commitments between the Parties to accelerate the elimination of a customs duty on a good or to include a good in Annex 1 shall supersede any duty rate or staging category determined pursuant to their respective Schedules. These commitments shall enter into force after the Parties have exchanged notification certifying that they have completed the necessary internal legal procedures and on such dates as may be agreed between the Parties.
Revision clause. 1. The Parties agree to review this Agreement in its entirety no later than five (5) years after its entry into force. Such review is without prejudice to instances of adjustments, reviews or revisions otherwise provided for in this Agreement, such as those contemplated under Articles 12(2), 16(8), 17(5), 18(5), 26(10), 33(3), 35(6) and 65(e). 2. As regards the implementation of this Agreement, either Party may make suggestions oriented towards adjusting trade- related cooperation, taking into account the experience acquired during the implementation thereof. 3. The Parties agree that this Agreement may need to be reviewed in light of further developments in international economic relations and in the light of the expiration of the Cotonou Agreement.
Revision clause. The Trade Committee may review this Agreement, its implementation, operation and performance where necessary and make appropriate suggestions to the Parties for its amendment.
Revision clause. Many users of the patent system have argued for a broader range of provisions, which can be reviewed by the Administrative Committee in order to improve the functioning, efficiency and cost effectiveness of the Unified Patent Court and the quality of its judgements. Some Member States argue that such a review should require unanimity in the Administrative Committee, others fear that unanimity may render a necessary review too difficult. The Presidency proposes as a compromise to maintain the three quarter majority for a review decision of the Administrative Committee but to give Member States the possibility to reject a review on the basis of their relevant internal decision making procedures.
Revision clause. 1. Upon request of a Party, the Parties shall consult to consider accelerating, or broadening the scope of the elimination of customs duties as set out in Annex 2A (Schedule of Specific Tariff Commitments of India) and Annex 2B (Schedule of Specific Tariff Commitments of the UAE). Further commitments between the Parties to accelerate the elimination of a customs duty on a good, or to include a good in Annex 2A (for India) and Annex 2B (for the UAE), shall supersede any duty rate or staging category determined pursuant to their respective Schedules of Tariff Commitments. These commitments shall enter into force on the date specified by the Parties following the exchange of notifications certifying that they have completed their internal legal procedures. 2. Nothing in this Agreement shall prohibit a Party from unilaterally accelerating, or broadening the scope of the elimination of customs duties set out in its Schedule of Tariff Commitments in Annex 2A (for India) or Annex 2B (for the UAE). Any such unilateral acceleration, or broadening of the scope of the elimination of customs duties will neither permanently supersede any duty rate or staging category determined pursuant to their respective Schedule nor will serve to waive that Party’s right to impose at a later time the duty rate or staging category that is determined for that later time by their respective Schedule. 3. For greater certainty with respect to paragraph 2, a Party may: (a) raise a customs duty back to the level established in its respective Schedule of Tariff Commitments in Annex 2A (for India) or Annex 2B (for the UAE) following a unilateral reduction; or (b) maintain or increase a customs duty as authorised by the Dispute Settlement Body of the WTO.
Revision clause. Article 1(3) and the Articles contained in Chapter II, with the exception of amendments to Article 8, may be amended by the Council, acting unanimously and on a proposal from the Commission. The EIB shall be associated with the Commission's proposal on matters relating to its activities and those of the Investment Facility.
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Revision clause. The Authorities shall regularly review this Agreement and initiate revision thereof if deemed necessary. Any revision requires the explicit and written consent of all the Authorities.
Revision clause. If the technical, economic or social conditions existing at the time this agreement comes into effect change significantly, so that the fairness of this agreement from an economic standpoint is substantially modified and the obligations of one of the parties become in fairness impossible for it to assume, the Parties shall meet to seek a solution that corresponds to the legitimate interests of each of the Parties.
Revision clause. The Author will provide directly or in response to a written request from IBC, as necessary, any revisions or updates to the Paper by a date to be determined by mutual written agreement. The revised or updated Paper will continue to be governed by the agreement.
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