Common use of Investors of one Contracting Party Clause in Contracts

Investors of one Contracting Party. whose investments in the territory of the other Contracting Party suffer losses owing to war or other armed conflict, a state of national emergency, revolt, insurrection or riot in the territory of the latter Contracting Party, shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnifications, compensation or other settlement, if any, no less favourable than that which the latter Contracting Party accords to investors of any third State, such payments shall be freely transferable. 1. Each contracting Party shall, subject to its laws and regulations, guarantee investors of the other Contracting Party the transfer of their investments and returns held in the territory of the Contracting Party, including: (a) Profits, dividends, interests and other legitimate income; (b) Amounts from total or partial liquidation of investments; (c) Payments made pursuant to a loan agreement in connection with an investment; (d) Royalties in Paragraph 1, (d) of Article 1;Paragraph 1, (d) of Article 1; (e) Payments of technical assistance or technical service fee, management fee; (f) Payments in connection with projects on contract; (g) Earings of nationals of the other Contracting Party who work in connection with an investment in the territory of the one Contracting Party. 2. The transfers mentioned above shall be made freely without undue delay at the official exchange rate of the Contracting Party accepting the investment on the date of transfer, Market rate shall be applicable if no official exchange rate is available.