Common use of Repatriation of Capital, Profits and Income Clause in Contracts

Repatriation of Capital, Profits and Income. 1. Each of the Contracting Parties shall guarantee that the investors of the other may transfer the following abroad, without undue delay, in any convertible currency: a) Capital and additional capital, including reinvested income, used to maintain and increase investment; b) Any income derived from an investment; c) Income deriving from the total or partial sale or the total or partial liquidation of an investment; d) Funds to repay loans connected to an investment and the payment of the related interests; e) Remuneration and allowances paid to nationals of the other Contracting Party for work and services performed in relation to an investment effected in the territory of the other Contracting Party in the amount and manner prescribed by the national legislation and regulations in force. 2. Without restricting the scope of Article 3 of this Agreement, the Contracting Parties undertake to apply to the transfers mentioned in paragraph 1. of this Article the same favourable treatment that is accorded to investments effected by investors of Third States, in case it is more favourable.

Appears in 23 contracts

Samples: Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement

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Repatriation of Capital, Profits and Income. 1. Each of the Contracting Parties shall guarantee that the investors of the other may transfer the following abroad, without undue delay, in any convertible currency: a) Capital capital and additional capital, including reinvested income, used to maintain and increase investment; b) Any any income derived from an investment; c) Income income deriving from the total or partial sale or the total or partial liquidation of an investment; d) Funds funds to repay loans connected to an investment and the payment of the related interests; e) Remuneration remuneration and allowances paid to nationals of the other Contracting Party for work and services performed in relation to an investment effected in the territory of the other Contracting Party in the amount and manner prescribed by the national legislation and regulations in force. 2. Without restricting the scope of Article 3 of this Agreement, the Contracting Parties undertake to apply to the transfers mentioned in paragraph 1. 1 of this Article the same favourable treatment that is accorded to investments effected by investors of Third Statesthat State, in case it is more favourable.

Appears in 1 contract

Samples: Investment Agreement

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