Common use of Repatriation Clause in Contracts

Repatriation. 1. Each Contracting Party shall guarantee to nationals or companies of the other Contracting Party the free transfer, on a nondiscriminatory basis, of their capital and the returns from any investments. The transfers shall be made in a freely convertible currency, without any restriction or undue delay. Such transfers shall include in particular, though not exclusively: (a) profits, capital gains, dividends, royalties, interest and other current income accruing from an investment; (b) the proceeds of the total or partial liquidation of an investment; (c) repayments made pursuant to a loan agreement in connection with an investment; (d) license fees in relation to the matters in Article l(l)(d); (e) payments in respect of technical assistance, technical service and management fees; (f) payments in connection with contracting projects; (g) earnings of nationals of the other Contracting Party who work in connection with an investment in the territory of the former Contracting Party. 2. Nothing in paragraph 1 of this Article shall affect the free transfer of compensation paid under Articles 6 and 7 of this Agreement.

Repatriation. 1. Each Contracting Party shall guarantee to nationals or companies investors of the other Contracting Party the free transfer, on a nondiscriminatory non- discriminatory basis, of their capital and the returns from any investments. The transfers shall be made in a freely convertible currency, without any restriction or undue delay. Such transfers shall include in particular, though not exclusively: (a) profits, capital gains, dividends, royalties, interest and other current income accruing from an investment; (b) the proceeds of the total or partial liquidation of an investment; (c) repayments made pursuant to a loan agreement in connection with an investment; (d) license fees in relation to the matters in Article l(l)(d1(1)(d); (e) payments in respect of technical assistance, technical service and management fees; (f) payments in connection with contracting projects; (g) earnings of nationals investors of the other Contracting Party who work in connection with an investment in the territory of the former Contracting Party. 2. Nothing in paragraph 1 of this Article shall affect the free transfer of compensation paid under Articles 6 and 7 of this Agreement.

Repatriation. 1. Each Contracting Party shall guarantee to nationals or companies of the other Contracting Party the free transfer, on a nondiscriminatory non-discriminatory basis, of their capital and the returns from any investments. The transfers shall be made in a freely convertible currency, without any restriction or undue delay. Such transfers shall include in particular, though not exclusively: (a) profits, capital gains, dividends, royalties, interest and other current income accruing from an investment; (b) the proceeds of the total or partial liquidation of an investment; (c) repayments made pursuant to a loan agreement in connection with an investment; (d) license fees in relation to the matters in Article l(l)(d1 (1) (d); (e) payments in respect of technical assistance, technical service and management fees; (f) payments in connection with contracting projects; (g) earnings of nationals of the other Contracting Party who work in connection with an investment in the territory of the former Contracting Party. 2. Nothing in paragraph 1 of this Article shall affect the free transfer of compensation paid under Articles 6 and 7 of this Agreement.. 3 of 5 Latvijas Vestnesis Xxxxx://xxx.xxxxxxxxx.xx/body_print.php?id=211710