Common use of Investment Support Clause in Contracts

Investment Support. 1. An issuer may provide to investors of any Party,investment support in connection with projects oractivities in the Area of the other Party. Investors and investments of investors of a Party in the Area of theother Party may enter into agreements for investmentsupport with the issuer. The issuer will undertake investment support only in respect of projects andactivities allowed by this Agreement. 2. If the issuer makes a payment to any person or entity,or exercises its rights as a creditor or subrogee, inconnection with any investment support, the other Partyshall recognize the transfer to, or acquisition by, theissuer of any cash, accounts, credits, instruments or otherassets in connection with such payment or the exercise ofsuch rights, as well as the succession of the issuer to anyright, title, claim, privilege or cause of action,existing, or which may arise, in connection therewith. 3. With respect to any interests transferred to oracquired by the issuer or any interests to which the issuersucceeds, under this Article, in its own right or otherwiseby contract or operation of law, the issuer shall assert nogreater rights than those of the person or entity from whomsuch interests were received. 4. To the extent that the laws of a Party partially orwholly restrict ownership or acquisition by, or transfer orsuccession to, the issuer of any interests as described inparagraph 3 above, the Party shall permit the issuer tomake appropriate arrangements to transfer such assets,interests or rights to a person or entity permitted to ownthem under the laws of that Party.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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