To conclude an agreement on the deed, the draft addendum relating to the Adviser Departmental Contract of LA (W), DEVB, must be submitted for legal review. 1. The minimum margin of fifty per cent (50%) of the preferential tariff preference in Articles 1 (7) and III (1) of the Agreement shall be amended to reflect a minimum margin of seventy-five per cent (75%) of the tariff preference. Articles I(7) and III(1) of the Agreement, as amended, shall be replaced by the following: 2. This Addendum shall enter into force on the date on which it obtains the agreement of the Contracting Parties. Once the amendment is concluded, a copy will be given to the contract advisor of the department. An original Related Trust ceases to be a partner without the prior written consent of the General Partner, after the interests of that Original Related Trust have been transferred to the Subsequent Related Trust, in accordance with its related supplementary trust agreement. An endorsement is required for payment from the owner to the contractor for materials or equipment stored off-site in a location that is not located in the Commonwealth of Virginia. CONSIDERING that Brunei Darussalam has in the meantime signed the Basic Agreement on ASEAN Industrial Joint Ventures (BAAIJV) and the Supplementary Agreement with BAAIJV; Whereas amendments to the Agreement may be made in accordance with Article V(3) of the Agreement; in addition, before the amendment is implemented, the agreement of the competent authorities must be obtained in accordance with Annex V(B) to the SPC.
“7. The approval of the final schedule by the EMA implies a commitment to extend a minimum margin of seventy-five per cent (75%) of the participating countries` tariff preference for JIA products, in accordance with Article III(1) and (6). “1. If an application for the manufacture of an AIJV product has been approved by a participating country and COIME has been duly informed, all participating countries shall renew, within ninety (90) days of their commercial production, a minimum preferential tariff margin of seventy-five per cent (75%) for the AIJV product. Accordingly, the undersigned, being duly authorized by their respective Governments, have signed this Additional Agreement. CONSIDERING that the Parties intend to make certain amendments to the Agreement. CONSIDERING that, on the seventh day of November 1983, the Governments of the Republic of Indonesia, Malaysia, the Republic of the Philippines, the Republic of Singapore and the Kingdom of Thailand signed the Basic Agreement on ASEAN Joint Industrial Enterprises (BAAIJV) and DONE in Singapore in English, on this sixteenth day of June 1987. . . .