Restriction of Transfer. Notwithstanding the provisions of Article 7 a Contracting Party may prevent temporary a transfer through the equitable, non-discriminatory and good faith application of the national legislation after prior notification of the other Contracting Party relating to: 1) bankruptcy, insolvency or protection of the rights of creditors; 2) issuing, trading or dealing with securities; 3) maintenance of execution of orders or judgments in judicial or administrative processes; 4) accepting the protective measures for the necessary period of time in exclusive circumstances as serious difficulties with the balance of payments, external financial difficulties without violating the Articles of Agreement regarding movement of capital of the International Monetary Fund, adopted on 22 July 1944 at Bretton Xxxxx.
Appears in 4 contracts
Samples: Investment Promotion and Protection Agreement, Investment Agreement, Investment Promotion and Protection Agreement
