Ad Articles 5, 6, 7, 13 and 23 Sample Clauses

Ad Articles 5, 6, 7, 13 and 23. It is understood that rights to the exploration and exploitation of natural resources shall be regarded as fixed assets located in the Contracting State to whose seabed - and subsoil thereof - these rights apply, and that these rights are regarded as assets of a permanent establishment in that State. Furthermore, it is understood that the aforementioned rights include rights to interests in, or benefits from assets that arise from, that exploration or exploitation.
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Related to Ad Articles 5, 6, 7, 13 and 23

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