Common use of Transfer Mode Clause in Contracts

Transfer Mode. 1) The transfers to which they refer to Articles IV, V, VI and VIII shall be made in freely convertible currency, according to the commercial exchange rate in force in the market on the date on which the investor requires the transfer and in accordance with the law and regulations of the Contracting Party in which the investment is made, after completing the current tax provisions. 2) The provisions of this Agreement shall not limit the application of national provisions designed to prevent tax evasion and tax avoidance.

Appears in 5 contracts

Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement

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