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

Repatriation of Capital, Profits and Income. 1. Each Contracting Party shall ensure that all payments relating to investment in its territory of an investor of the other Contracting Party may be freely transferred into and out of its territory without undue delay after the fiscal obligations have been met. Such transfers shall include, in particular, but not exclusively: a) Capital and additional capital, including reinvested income, used to maintain and increase investment; b) The net income, dividends, royalties, payments for assistance and technical services, interests and other profits; 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 relevant 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 provided for by national legislation and regulations in force; f) Compensation payments under Article IV. 2. The fiscal obligations under paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place.paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place. 3. Without restricting the scope of Article III of this Agreement, both 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.Article III of this Agreement, both 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. 4. In the event that, due to very serious balance of payments problems, one of Contracting Party were to temporarily restrict transfer of funds, these restriction shall be applied to the investments related to this Agreement, only if the Contracting Party implements the relevant recommendations adopted by the International Monetary Fund in the specific case. These restrictions shall be adopted on an equitable and non-discriminatory basis and in good faith.

Repatriation of Capital, Profits and Income. 1. ) Each Contracting Party shall ensure that all payments relating the free transfer of: (1) of this Agreement to investment in its territory of an investor investors of the other Contracting Party may be freely transferred into for investments made in accordance with their laws and out regulations as referred to in Article 1 (1) of its territory without undue delay after the fiscal obligations have been met. Such transfers shall includethis Agreement, in particular, but not exclusivelyThe free transfer of: a) Capital and additional capital, including reinvested income, capital shares used to maintain and increase investment;: b) The Current incomes deriving from investments such as net income, dividends, royalties, payments for assistance and technical services, interests and any other profits; c) Income Sums deriving from the total or partial sale sale or the total or partial liquidation of an investment; d) Funds Payments made for the repayment of receivables deriving from investments and related interests, as well as the sums destined for repayment of loans related to repay loans connected to an investment investments and the payment of relevant related interests; e) Remuneration and allowances paid to nationals Adequate share of the earnings of citizens of the other Contracting Party for arising from work and or services performed provided in relation to an investment effected connection with investments made in the territory of the other Contracting Party, in the amount and manner provided for by national legislation and regulations in forceits territory; f) Compensation payments under Article IVprovided for in Articles 4 and 5; Articles 4 and 5; 2) Each Contracting Party shall, upon completion of its investment tax obligations, grant, if so requested, any necessary authorization to ensure that there is no undue delay in the transfer. 2. 3) The fiscal obligations under paragraph 1 above are transfers will be made in the convertible currency in which the investment was made, or, if so agreed, in any other freely convertible currency, at the prevailing exchange rate prevailing at the date of the transfer. 4) Shall be deemed to be complied with when "without undue delay" within the investor has fulfilled meaning of this Article, those transfers which have been made within the procedures provided period of time normally required for the completion of the relevant administrative formalities. This period shall run from the date on which the transfer request, accompanied by the legislation necessary documentation, has been in the appropriate form submitted to the competent authorities, and shall not in any case exceed a period of the Contracting Party in whose territory the investment has taken place.paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place. 3two months. Without restricting the scope of Article III of this Agreement, both Contracting Parties undertake to The same provisions shall apply to the transfers mentioned referred to 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.Article III Articles 4-5 and 7 of this Agreement, both Contracting Parties undertake to apply to the transfers mentioned in paragraph 1 : Articles 4-5 and 7 of this Article the same favourable treatment that is accorded to investments effected by investors of third States, in case it is more favourable. 4. In the event that, due to very serious balance of payments problems, one of Contracting Party were to temporarily restrict transfer of funds, these restriction shall be applied to the investments related to this Agreement, only if the Contracting Party implements the relevant recommendations adopted by the International Monetary Fund in the specific case. These restrictions shall be adopted on an equitable and non-discriminatory basis and in good faith.:

Repatriation of Capital, Profits and Income. 1. Each Contracting Party shall ensure that all payments relating to investment in its territory of an investor of the other Contracting Party may be freely transferred into and out of its territory without undue delay after the fiscal obligations have been met. Such transfers shall include, in particular, but not exclusively: a) Capital capital and additional capital, including reinvested income, used to maintain and increase investment; b) The the net income, dividends, royalties, payments for assistance and technical services, interests and other profits; 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 relevant 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 provided for by national legislation and regulations in force; f) Compensation compensation payments under Article IV. 2. The fiscal obligations under paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose on which territory the investment has taken place.paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has been taken place. 3. Without restricting the scope of Article III of this Agreement, both 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.Article III of this Agreement, both 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. 4. In the event that, due to very serious balance of payments problems, one of Contracting Party were to temporarily restrict transfer of funds, these restriction shall be applied to the investments related to this Agreement, only if the Contracting Party implements the International Found Monetary relevant recommendations provisions adopted by the International Monetary Fund in the specific case. These restrictions shall would be adopted on an equitable and equitable, non-discriminatory basis and in good faithfaith basis.

Repatriation of Capital, Profits and Income. 1. Each Contracting Party shall ensure that all payments relating to investment investments in its territory of an investor of the other Contracting Party may be freely transferred into and out of its territory without undue delay after the fiscal obligations have been met. Such transfers shall include, in particular, but not exclusively: a) Capital capital and additional capital, including reinvested income, used to maintain and increase investment; b) The the net income, dividends, royalties, payments for assistance and technical services, interests and other profits; 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 relevant 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 provided for by national legislation and regulations in force; f) Compensation compensation payments under Article IV. 2. The fiscal obligations under paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place.paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place. 3. Without restricting the scope of Article III of this Agreement, both 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.Article III of this Agreement, both 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. 4. In the event that, due to very serious balance of payments problems, one of Contracting Party were to temporarily restrict transfer of funds, these restriction shall be applied to the investments related to this Agreement, only if the Contracting Party implements the relevant recommendations adopted by the International Monetary Fund in the specific case. These restrictions shall be adopted on an equitable and non-discriminatory basis and in good faith.

Repatriation of Capital, Profits and Income. 1. Each Contracting Party shall ensure that all payments relating to investment covered investments in its territory of an investor of the other Contracting Party may be freely transferred into and out of its territory without undue delay after the fiscal obligations have been met. Such transfers shall include, in particular, but not exclusively: a) Capital a. capital and additional capital, including reinvested income, used to maintain and increase investment; b) The b. the net income, dividends, royalties, payments for assistance and technical services, interests and other profits; c) Income c. income deriving from the total or partial sale or the total or partial liquidation of an investment; d) Funds d. funds to repay loans connected to an investment and the payment of relevant interests; e) Remuneration e. the salaries and other remunerations and allowances paid of personnel employed abroad and working in connection with investments according 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 provided for by national legislation and regulations in forceregulations; f) Compensation f. compensation payments under Article IV8 of the present Agreement. 2. The fiscal obligations under paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place.paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place. 3. Without restricting the scope of Article III 4 of this Agreement, both 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.Article III of this Agreement, both Contracting Parties undertake if these result 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 be more favourable. 4. In the event that, due to very serious balance of payments problems, one of Contracting Party were temporarily to temporarily restrict transfer of funds, these restriction restrictions shall be applied to the covered investments related to this Agreement, only if the Contracting Party implements the relevant recommendations adopted by the International Monetary Fund in the specific case. These restrictions shall be adopted on an equitable equitable, proportionate and non-non- discriminatory basis and in good faithfaith and avoid unnecessary damage to the commercial, economic and financial interest of the other Party.

Repatriation of Capital, Profits and Income. 1. Each Contracting Party shall ensure that all payments relating to investment in its territory of an investor of the other Contracting Party may be freely transferred into and out of its territory without undue delay after the fiscal obligations have been met. Such transfers shall include, in particular, but not exclusively: a) Capital capital and additional capital, including reinvested income, used to maintain and increase investment; b) The the net income, dividends, royalties, payments for assistance and technical services, interests and other profits; 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 relevant 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 provided for by national legislation and regulations in force; f) Compensation compensation payments under Article IV. 2. The fiscal obligations under paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place.paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place. 3. Without restricting the scope of Article III TIT of this Agreement, ‘both 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 StatesArticle, in case it is more favourable.Article III of this Agreement, both 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 favourablefair and equitable treatment. 4. In the event that, due to very serious balance of payments problems, one of Contracting Party were to temporarily restrict transfer of funds, these restriction shall be applied to the investments related to this Agreement, only if the Contracting Party implements the relevant recommendations adopted by the - International Monetary Fund in the specific case. These restrictions shall be adopted on an equitable and non-non- discriminatory basis and in good faith.

Repatriation of Capital, Profits and Income. 1. Each Contracting Party shall ensure that all payments relating to investment covered investments in its territory of an investor of the other Contracting Party may be freely transferred into and out of its territory without undue delay after the fiscal obligations have been met. Such transfers shall include, in particular, but not exclusively: a) Capital a. capital and additional capital, including reinvested income, used to maintain and increase investment; b) The b. the net income, dividends, royalties, payments for assistance and technical services, interests and other profits; c) Income c. income deriving from the total or partial sale or the total or partial liquidation of an investment; d) Funds d. funds to repay loans connected to an investment and the payment of relevant interests; e) Remuneration e. the salaries and other remunerations and allowances paid of personnel employed abroad and working in connection with investments according 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 provided for by national legislation and regulations in forceregulations; f) Compensation f. compensation payments under Article IV8 of the present Agreement. 2. The fiscal obligations under paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place.paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place. 3. Without restricting the scope of Article III 4 of this Agreement, both 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.Article III of this Agreement, both Contracting Parties undertake if these result 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 be more favourable. 4. In the event that, due to very serious balance of payments problems, one of Contracting Party were temporarily to temporarily restrict transfer of funds, these restriction restrictions shall be applied to the covered investments related to this Agreement, only if the Contracting Party implements the relevant recommendations adopted by the International Monetary Fund in the specific case. These restrictions shall be adopted on an equitable equitable, proportionate and non-discriminatory basis and in good faithfaith and avoid unnecessary damage to the commercial, economic and financial interest of the other Party.

Repatriation of Capital, Profits and Income. 1. Each Contracting Party shall ensure that all payments relating to investment investments in its territory of by an investor of the other Contracting Party may be freely transferred into and out of its territory without undue delay after the fiscal obligations have been met. Such transfers shall include, in particular, but not exclusively: a) Capital and additional capital, including reinvested income, used to maintain and increase investment; b) The net income, dividends, royalties, payments for assistance and technical services, interests and other profits; 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 relevant 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 provided for by national legislation and regulations in force; f) Compensation payments under Article IV. 2. The fiscal obligations under paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place.paragraph 1 above are deemed to be complied with when the investor has fulfilled the procedures provided for by the legislation of the Contracting Party in whose territory the investment has taken place. 3. Without restricting the scope of Article article III of this Agreement, both 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.Article favourable.article III of this Agreement, both 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. 4. In the event that, due to presence of very serious balance of payments problems, should one of the Contracting Party were Parties be forced to temporarily temporally restrict transfer transfers of funds, these restriction such restrictions shall be applied to the investments related referred to this Agreement, in the present Agreement only if the Contracting Party concerned implements the relevant recommendations adopted by the International Monetary Fund in the specific case. These restrictions shall be adopted on an equitable and non-discriminatory basis and in good faith.