Common use of Free Transfer Clause in Contracts

Free Transfer. (1) Each Contracting Party in whose territory investments have been made by investors of the other Contracting Party shall grant those investors the free transfer of the payments relating to these investments, particularly of: (a) returns according to Article 1, paragraph (3) of this Agreement; (b) amounts relating to loans incurred, or other contractual obligations undertaken, for the investment; and (c) proceeds accruing form the total or partial sale, alienation or liquidation of an investment. (2) Notwithstanding the provisions of paragraph (1) of the present Article, either Contracting Party may, in exceptional financial or economic circumstances, impose such exchange restrictions in accordance with its laws and regulations (and in conformity with the Articles of Agreement of the International Monetary Fund). (3) Unless otherwise agreed with the investor transfers shall be made, pursuant to the exchange laws and regulations in force of the Contracting Party in whose territory the investment was made, at the rate of exchange applicable on the date of transfer.

Free Transfer. (1) Each Contracting Party in whose State territory investments have been made by investors of the other Contracting Party shall grant those investors the free transfer of the payments relating to these investments, particularly of:; (a) returns according to Article 1, 1 paragraph (3) of this Agreement; (b) amounts relating to loans incurred, or other contractual obligations undertaken, for the investment; and (c) proceeds accruing form from the total or partial sale, alienation or liquidation of an investment. (2) Notwithstanding the provisions of paragraph (1) of the present this Article, either Contracting Party may, in exceptional financial or economic circumstances, impose such exchange restrictions in accordance with its laws and regulations (and in conformity with the Articles of Agreement of the International Monetary Fund). (3) Unless otherwise agreed with the investor investor, transfers shall be made, pursuant to the exchange laws and regulations in force of the Contracting Party in whose State territory the investment was made, at the rate of exchange applicable on the date of transfer.

Free Transfer. (1) Each Contracting Party in whose territory investments have been made by investors of the other Contracting Party shall grant those investors the free transfer of the payments relating to these investments, particularly of: (a) returns Returns according to Article 1, paragraph (3) of this Agreement; (b) amounts Amounts relating to loans incurred, or other contractual obligations undertaken, for the investment; investment and (c) proceeds Proceeds accruing form the total or partial sale, sale alienation or liquidation of an investment. (2) Notwithstanding the provisions of paragraph (1) of the present Article, either Contracting Party may, may in exceptional financial or economic circumstances, impose such exchange restrictions in accordance with its laws and regulations (and in conformity with the Articles of Agreement of the International Monetary Fund). (3) Unless otherwise agreed with the investor transfers shall be mademade at the rate of exchange applicable on the date of transfer, pursuant to the exchange laws and regulations in force of the Contracting Party in whose territory the investment was made, at the rate of exchange applicable on the date of transfer.