EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the Trust’s s Board or (ii) by a vote of a majority of the Shares of the Trust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval.
EFFECTIVENESS AND DURATION. This Agreement shall be come effective as to any trade upon the later of (i) the date of the execution of this Agreement by all initial parties hereto and (ii) the date of completion of all legal requirements of each country having jurisdiction over the trade. The Agreement shall continue in effect until terminated by unanimous vote or consent of all carrier members. As modified by the carrier members as of November 2, 2016. 10TH REVISED PAGE B7 International Council of Heavy Lift and Project Carriers (HLC) Agreement 1st Edition, April 6, 2009 Appendix “A” Austral Asia Line Pte. Ltd. 0, Xxxxxxx Xxxxxxxxx # 00-00 Xxxxxx Xxxxx 0 Xxxxxxxxx 000000 Asia Break Bulk (Singapore) Pte. Ltd. 0 Xxxxxxx Xx. # 12-02 048693 SINGAPORE BBC Chartering Xxxxxxxx XxxX & Xx. XX0 Xxxxxxxxxxxx 00 D-2678 Leer, GERMANY BBC Chartering & Logistic GmbH & Co. KG1 Xxxxxxxxxxxx 00 D-2678 Leer, GERMANY Chipolbrok (Chinese-Polish Joint Stock Shipping Company) 00 Xxxxx Xxxx Xxxx Xxxx Xxxx 000000 Shanghai, CHINA
EFFECTIVENESS AND DURATION. This Agreement shall become effective as of the date of its execution and shall continue in effect for so long as the Trust’s Management Agreement on behalf of the Fund is effective. This Agreement shall terminate automatically upon the termination of the Trust’s Management Agreement on behalf of the Fund or in the event that the Manager no longer serves as the manager to the Fund.
EFFECTIVENESS AND DURATION. 26.1 This Agreement shall, unless mutually agreed otherwise, be and remain in full force, application and effect from the Effective Date and so long thereafter as the Working Interest Owner(s) continue to own interest in the Licence or any Lease(s) or till a final settlement has been made after the expiration, Surrender, or termination of Petroleum rights under the Rules.
EFFECTIVENESS AND DURATION. This Agreement shall not become effective unless and until it is approved by the Board, including a majority of trustees who are not parties to this Agreement or interested persons of any such party to this Agreement, and, to the extent required by law, a majority of the outstanding Trust shares of the series representing an interest in each Fund. This Agreement shall come into full force and effect on the date which it is so approved. This Agreement shall continue in effect for two years and shall thereafter continue in effect from year to year so long as such continuance is specifically approved at least annually by: (a) the Board, or by the vote of a majority of the outstanding Trust shares of the series representing an interest in each Fund, and (b) a majority of those trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval.
EFFECTIVENESS AND DURATION. This Agreement is effective upon the date of execution by both Parties and will remain in effect until Completion of the Project, unless otherwise stated herein or unless amended or terminated.
EFFECTIVENESS AND DURATION. (a) This Agreement may be terminated by either party hereto upon 60 days’ prior written notice to the other party.
EFFECTIVENESS AND DURATION. The term of this Agreement shall begin on the date first written above and shall continue in effect subject to the termination provisions and all other terms and conditions hereof.
EFFECTIVENESS AND DURATION. 27.1 This Agreement shall be and remain in full force, application and effect from the Effective Date in accordance with the terms of this Agreement, until the expiration, Surrender of the entire Contract Area, or termination of this Agreement or till a final settlement has been made.
EFFECTIVENESS AND DURATION. (a) This Agreement will be effective between the Parties as of the day and year first above written.
