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(a)
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Any Party
may propose amendments to this Agreement. Proposed amendments shall be
submitted to the executive organ, which shall distribute them promptly to all
Parties and Signatories.
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(b)
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The Assembly
of Parties shall consider each proposed amendment at its first ordinary
meeting following its distribution by the executive organ, or at an earlier
extraordinary meeting convened in accordance with the provisions of Article
VII of this Agreement, provided that the proposed amendment has been
distributed by the executive organ at least ninety days before the opening
date of the meeting. The Assembly of Parties shall consider any views and
recommendations which it receives from the Meeting of Signatories or the
Board of Governors with respect to a proposed amendment.
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(c)
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The Assembly
of Parties shall take decisions on each proposed amendment in accordance with
the provisions relating to quorum and voting contained in Article VII of this
Agreement. It may modify any proposed amendment, distributed in accordance
with paragraph (b) of this Article, and may also take decisions on any
amendment not so distributed but directly consequential to a proposed or
modified amendment.
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(d)
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An amendment
which has been approved by the Assembly of Parties shall enter into force in
accordance with paragraph (e) of this Article after the Depositary has
received notice of approval, acceptance or ratification of the amendment from
either:
(i)
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two-thirds
of the States which were Parties as of the date upon which the amendment was
approved by the Assembly of Parties, provided that such two-thirds include
Parties which then held, or whose designated Signatories then held, at least
two-thirds of the total investment shares; or
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(ii)
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a number of
States equal to or exceeding eighty-five per cent of the total number of
States which were Parties as of the date upon which the amendment was
approved by the Assembly of Parties, regardless of the amount of investment
shares such Parties or their designated Signatories then held.
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(e)
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The
Depositary shall notify all the Parties as soon as it has received the
acceptances, approvals or ratifications required by paragraph (d) of this
Article for the entry into force of an amendment. Ninety days after the date
of issue of this notification, the amendment shall enter into force for all
Parties, including those that have not yet accepted, approved, or ratified it
and have not withdrawn from INTELSAT.
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(f)
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Notwithstanding
the provisions of paragraphs (d) and (e) of this Article, an amendment shall
not enter into force less than eight months or more than eighteen months
after the date it has been approved by the Assembly of Parties.
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