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

Repatriation of Capital, Profits and Income. 1. Each Contracting Party shall guarantee to investors of the other Party the transfer abroad, without undue delay and in any convertible currency, of: a) Capital and additional capital, including reinvested earnings used to maintain and increase investment; b) Net income, dividends, royalties, fees for assistance and technical services, interests and any other type of profit; c) Sums deriving from the total or partial sale, or the total or partial liquidation of an investment; d) Sums for the repayment of loans relating to an investment and the payment of interest thereon; e) Remuneration and benefits received by citizens of the other Contracting Party arising from activities and services rendered in connection with investments made in the territory of the other Contracting Party, to the extent and in accordance with the procedures laid down in the laws and regulations in force in force. 2. Subject to the provisions of Article 3 of this Agreement, the Contracting Parties undertake to grant the transfers referred to in paragraph 1 of this Article the same preferential treatment reserved for investments made by third-country investors, whichever is the more favorable. Article 3 of this Agreement, the Contracting Parties undertake to grant the transfers referred to in paragraph 1 of this Article the same preferential treatment reserved for investments made by investors from third countries, if any, more favorable.

Appears in 6 contracts

Samples: Investment Agreement, Investment Agreement, Investment Protection Agreement

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Repatriation of Capital, Profits and Income. 1. Each of the Contracting Party Parties shall guarantee to that, after investors of have complied with all their fiscal obligations, they may transfer the other Party the transfer following abroad, without undue delay and delay, in any convertible currency, of: a) Capital and additional capital, including reinvested earnings capital amounts used to maintain and increase investmentinvestments; b) Net income, dividends, royalties, fees payments for assistance and technical services, interests and any other type of profitprofits; c) Sums deriving from The proceeds of the total or partial sale, sale or the total or partial liquidation of an investment; d) Sums for the repayment of Funds to repay loans relating related to an investment and the payment of interest due thereon; e) Remuneration and benefits received by citizens allowances paid to nationals of the other Contracting Party arising from activities in respect of subordinate work and services rendered performed in connection with investments made relation to an investment effected in its territory, in the territory of the other Contracting Party, to the extent amount and in accordance with the procedures laid down in the laws manner prescribed by current national legislation and regulations in force in forceregulations. 2. Subject to While considering the provisions of Article 3 of this Agreement, the Contracting Parties undertake to grant apply to the transfers referred to mentioned in paragraph 1 of this Article Article, the same preferential treatment reserved for that is accorded to investments made effected by third-country investorsinvestors of Third States, whichever if this is the more favorablefavourable. 3. Article 3 of this Agreement, the Both Contracting Parties undertake to grant may adopt provisions governing the transfers manner of complying with the fiscal obligations referred to in paragraph 1 of this Article the same preferential treatment reserved for investments made by investors from third countries, if any, more favorable1. above.

Appears in 2 contracts

Samples: Investment Agreement, Investment Protection Agreement

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