Free Transfer and Repatriation of Necessary Funds. Without prejudice to Section 10.4 (Availability of Foreign Exchange), the GOP shall permit the free transfer of all funds and financial settlements necessary to the extent needed in Foreign Currency to implement and carry out the Project or as contemplated by this Agreement, and shall ensure full, timely, and unencumbered repatriation rights with respect to all Foreign Currency converted from Rupees pursuant to Section 10.4 (Availability of Foreign Exchange), whether converted through normal commercial banking channels or through the State Bank of Pakistan.
Appears in 3 contracts
Samples: Implementation Agreement, Implementation Agreement, Implementation Agreement
Free Transfer and Repatriation of Necessary Funds. Without prejudice to Section 10.4 (Availability of Foreign Exchange)10.4, the GOP shall permit the free transfer of all funds and financial settlements necessary to the extent needed in Foreign Currency to implement and carry out the Project or as contemplated by this Agreement, and shall ensure full, timely, and unencumbered repatriation rights with respect to all Specified Foreign Currency converted from Rupees pursuant to Section 10.4 (Availability of Foreign Exchange)10.4, whether converted through normal commercial banking channels or through the State Bank of Pakistan.
Appears in 2 contracts
Free Transfer and Repatriation of Necessary Funds. Without prejudice to Section 10.4 (Availability of Foreign Exchange)10.4, the GOP shall permit the free transfer of all funds and financial settlements necessary to the extent needed in Foreign Currency to implement and carry out the Project or as contemplated by this Agreement, and shall ensure full, timely, and unencumbered repatriation rights with respect to all Foreign Currency Dollars converted from Rupees pursuant to Section 10.4 (Availability of Foreign Exchange)10.4, whether converted through normal commercial banking channels or through the State Bank of Pakistan.
Appears in 1 contract
Samples: Implementation Agreement
Free Transfer and Repatriation of Necessary Funds. Without prejudice to Section 10.4 (Availability of Foreign Exchange), the GOP shall permit the free transfer of all funds and financial settlements necessary to the extent needed in Foreign Currency to implement and carry out the Project or as contemplated by this Agreement, and shall ensure full, timely, and unencumbered repatriation rights with respect to all Foreign Currency converted from Rupees pursuant to Section 10.4 (Availability of Foreign Exchange), whether converted through normal commercial banking channels or through the State Bank of Pakistan.. ASSIGNMENT AND SECURITY
Appears in 1 contract
Samples: Implementation Agreement
