Foreign Investment. Seller represents that Seller is not a foreign person as described in the Foreign Investment in Real Property Tax Act and agrees to deliver a certificate at Closing to that effect which shall contain Seller's tax identification number.
Foreign Investment. The insurance market is truly worldwide, especially when it comes to big risks. In most cases, the risk insured in one nation is not entirely retained in another. As a result, substantial risks that could result in losses are re-insured and ceded over the country's borders. In addition, Iwunze (2021) notes that there are indications that the insurance sector has shaken off the influence of COVID-19 on its performance by recording 15.7 percent year-on-year growth in contribution to gross domestic product, GDP, in the second quarter of 2021. She adds that the industry's revenue increased significantly in the first half of 2021, with a 23.2 percent increase in Gross Premium Written from N176.4 billion in the same period of 2020 to N217.3 billion in 2021. As a result of the foregoing, this study is necessary to empirically establish the contribution of the insurance sector to the development of the Nigerian economy. As a result, one of the factors assessed in this study is insurance productivity in order to assess the impact of insurance development on the growth of the Nigerian economy.
Foreign Investment. NAFTA removed significant investment barriers, especially in Mexico, ensured basic protections for NAFTA investors, and provided a mechanism for dispute settlement. It includes country- specific liberalization commitments and exemptions such as Mexico’s energy sector and cultural industries in Canada.
Foreign Investment. All investments made by either Party and any investments received by either Party shall comply with applicable Law in the United States, including United States economic sanctions implemented by the U.S. Department of the Treasury’s Office of Foreign Assets Control.
Foreign Investment. The proceeds of the Loan will not be used to make an unauthorized foreign investment.
Foreign Investment. The Company does not engage in: (a) the design, fabrication, development, testing, production or manufacture of one or more "critical technologies" within the meaning of the Defense Production Act of 1950, as amended, including all implementing regulations thereof (the "DPA"); (b) the ownership, operation, maintenance, supply, manufacture or servicing of "covered investment critical infrastructure" in the United States within the meaning of the DPA (where such activities are covered by column 2 of Appendix A to 31 C.F.R. Part 800); or (c) the maintenance or collection, directly or indirectly, of "sensitive personal data" of U.S. citizens within the meaning of the DPA.
Foreign Investment. APPROVAL The sale and transfer by the Seller of his shares in JDI as contemplated herein is subject to the approval of the Indonesian capital investment authority (the Badan Penanaman Modal, BPM) and that of the Ministry of Law and Legislation (MOLAL) to the amended Articles of Association of JDI. The Seller warrants to arrange for and file the BPM application as soon as practicable upon the execution of this Agreement.
Foreign Investment. Foreign investment in the “CONCESSIONAIRE’S” capital stock shall be subject to the provisions of the Law on the matter. In the case of foreign shareholders, they shall not have more rights than those granted by Mexican law to nationals.
Foreign Investment. (a) In this special condition, FIRB means the Foreign Investment Review Board.
(b) The Buyer warrants to the Seller that the Buyer is entitled to purchase the Property without obtaining an approval from the FIRB.
(c) Notwithstanding paragraph (b) of this special condition, if the Buyer is not entitled to complete the Contract without the approval of the FIRB then, unless such approval is produced by the Buyer prior to the Settlement Date, the Seller is, without limiting any other rights available to the Seller, entitled to terminate this Contract by notice in writing to the Buyer.
Foreign Investment. Borrower has complied with all filing and reporting requirements under the International Investment and Trade in Services Survey Act, the Agricultural Foreign Investment Disclosure Act of 1978, the Foreign Investments in Real Property Tax Act of 1980, and the amendments of such Acts and regulations promulgated pursuant to such Acts.
