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 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) Repayment made pursuant to a loan agreement in connection with an investment; d) License fees in relation to the matters in Article 1 (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.

Appears in 8 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!