Common use of Transfer of Payments Related to Investments Clause in Contracts

Transfer of Payments Related to Investments. 1. Each Contracting State shall guarantee to investors of the other Contracting State the free transfer of payments in connection with an investment into and out of its territory, including the transfer of: (a) The initial capital and any additional capital for the maintenance, management and development of the investment; (b) Returns; (c) Payments under a contract, including amortization of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties and fees for the rights referred to in Article 1 paragraph 1 (d); (e) Proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments of compensation pursuant to Articles 5 and 6; (h) payments referred to in Article 8; (i) Payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting the required transfers, the investor affected shall be entitled to receive interest for the period of such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the exchange rate for conversion of currencies into Special Drawing Rights or United States Dollars, whichever is the most favourable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State Party shall guarantee to investors of the other Contracting State Party, after fulfilment of their financial obligations, the free transfer of payments in connection with an investment into and out of its territory, including the transfer of: (a) The the initial capital and any additional capital for the maintenance, management and development of the investment; (b) Returns;returns: (c) Payments payments under a contract, including amortization of principal and accrued interest payments made pursuant to or a loan agreement; (d) Royalties royalties and fees for the rights referred to in Article 1 paragraph 1 (dc); (e) Proceeds proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings cannings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments payments of compensation pursuant to Articles 5 4 and 65; (h) payments referred to in Article 8;7; and (i) Payments payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or o-restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting the required transfers, the investor affected shall be entitled to receive interest for the period of such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State Party on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or Fund. 4. Notwithstanding paragraphs 1, 2 and 3 of this Article, such transfer shall be subject to measures from time to time, accorded by regulatory procedures of its government to impose reasonable restrictions for temporary periods to eliminate the exchange rate for conversion situation of currencies into Special Drawing Rights or United States Dollars, whichever is the most favourable fundamental economic disequilibrium. Such measures shall be promptly notified to the investorother Contracting Party.

Transfer of Payments Related to Investments. 1. Each Contracting State shall Party guarantee to investors of the other Contracting State Party the free transfer of payments in connection with an investment into and out of its territory, . including the transfer of: (a) The the initial capital and any additional capital for the maintenance, . management and development of the investment; (b) Returnsreturns; (c) Payments payments under a contract, . including amortization of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties royalties and fees for the rights referred to in Article 1 paragraph 1 (d); (e) Proceeds proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings earnings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments payments of compensation pursuant to Articles 5 and 6; (h) payments referred to in Article 8;: and (i) Payments payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 | shall be effected without delay or restrictions and, . except in the case of payments in kind, . in a freely convertible currency. In case of such delay in effecting the required transfers, . the investor affected shall be entitled to receive interest for the period of or such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State Party on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, . the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the exchange rate for conversion of currencies into Special Drawing Rights or United States Parties Dollars, . whichever is the most favourable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State shall guarantee to permit investors of the other Contracting State the free transfer of payments in connection with an investment into and out Out of its territory, including . Including the transfer of: (a) The the initial capital and any additional capital for the maintenance, management . Management and development of the investment;: (b) Returns;returns: (c) Payments payments under a contract, including amortization amortisation of principal principle and accrued interest payments made pursuant to a loan agreement;: (d) Royalties royalties and fees for the rights referred to in Article 1 I, paragraph 1 (d);1(d): (e) Proceeds proceeds from the sale or liquidation of the whole or any part of the investment;. including shares: (f) Earnings earnings and other remuneration of personnel engaged from abroad in connection with the investment;: (g) Payments payments of compensation pursuant to Articles 5 and 6; (h) payments referred to in Article 8;; and (i) Payments payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, . except in the case of payments in kind, . in a freely convertible currency. In case of such delay in effecting the required transfers, . the investor affected effected shall be entitled to receive interest for the period of such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International international Monetary Fund or the exchange rate for conversion of currencies into Special Drawing Rights special drawing rights or United States Dollars, dollars. whichever is the most favourable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State Party shall guarantee to investors permit Investors of the other Contracting State Party the free transfer of payments in connection with an investment Investment into and out of its territory, including the re transfer of: (a) The the initial capital and any additional capital for the maintenance, management and development of the investmentInvestment; (b) Returnsreturns; (c) Payments payments under a contract, including amortization of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties royalties and fees for the rights referred to in Article 1 paragraph 1 (d4); (e) Proceeds proceeds from the sale or liquidation of the whole or any part of the investmentInvestment, including shares; (f) Earnings earnings and other remuneration of personnel engaged from abroad in connection with the investmentInvestment; (g) Payments payments of compensation pursuant to Articles 5 6 and 67 ; (h) payments referred to in Article 8;9 ; and (i) Payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 clause (1) of this Article shall be effected without delay or restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting the required transfers, the investor Investor affected shall be entitled to receive simple interest for the period of such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the exchange rate for conversion of currencies into Special Drawing Rights special drawing rights or United States Dollars, whichever is the most favourable favorable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State shall guarantee to investors of the other Contracting State the free transfer of payments in connection with an investment into and out of its territory, including the transfer of: (a) The initial capital and any additional capital for the maintenance, management and development of the investment; (b) Returns; (c) Payments under a contract, including amortization amortisation of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties and fees for the rights referred to in Article 1 I paragraph 1 I (d); (e) Proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments ‘of compensation pursuant to Articles 5 and 6; (h) payments Payments referred to in Article 8;; and (i) Payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting the required transfers, the investor affected shall be entitled to receive interest for the period of such delay., 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchangeexehange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the exchange rate for conversion of currencies into Special Drawing Rights or United States Dollars, whichever is the most favourable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State Party shall guarantee to investors of the other Contracting State Party the free transfer of payments in connection with an investment into and out of its territory, including the transfer of: (a) The the initial capital and any additional capital for the maintenance, management and development of the investment; (b) Returnsreturns; (c) Payments payments under a contract, including amortization amortisation of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties royalties and fees for the rights referred to in Article 1 paragraph 1 (d); (e) Proceeds proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings earnings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments payments of compensation pursuant to Articles 5 6 and 67; (h) payments payment referred to in Article 8; (i) Payments payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting the required transfers, the investor affected shall be entitled to receive adequate interest for the period of such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State Party on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the exchange rate for conversion of currencies into Special Drawing Rights or United States Dollars, whichever is the most favourable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State shall guarantee to investors of the other Contracting State the free transfer of payments in connection with an investment into and out of its territory, including the transfer of: (a) The initial capital and any additional capital for the maintenance, management and development of the investment; (b) Returns; (c) Payments under a contract, including amortization amortisation of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties and fees for the rights referred to in Article 1 paragraph 1 (d); (e) Proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments of compensation pursuant to Articles 5 and 6; (h) payments Payments referred to in Article 8; (i) Payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting the required transfers, the investor affected shall be entitled to receive interest for the period of such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the exchange rate for conversion of currencies into Special Drawing Rights or United States Dollars, whichever is the most favourable favorable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State shall guarantee to investors of the other Contracting State the free transfer of payments in connection with an investment into and out of its territory, including the transfer of: (a) The the initial capital and any additional capital for the maintenance, management and development of the investment; (b) Returnsreturns; (c) Payments payments under a contract, including amortization of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties royalties and fees for the rights referred to in Article 1 paragraph 1 (d); (e) Proceeds proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings earnings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments payments of compensation pursuant to Articles 5 and 6; (h) payments referred to in Article 8; (i) Payments payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting the required transfers, the investor affected shall be entitled to receive interest for the period of such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the exchange rate for conversion of currencies into Special Drawing Rights or United States Dollars, whichever is the most favourable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State shall guarantee to investors of the other Contracting State the free transfer of payments in connection with an investment into and out of its territory, including the transfer of: (a) The initial capital and any additional capital for the maintenance, management and development of the investment; (b) Returns; (c) Payments under a contract, including amortization amortisation of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties and fees for the rights referred to in Article 1 paragraph Paragraph 1 (d); (e) Proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments of compensation pursuant to Articles 5 and 6; (h) payments Payments referred to in Article 8;; and (i) Payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting the required transfers, the investor affected shall be entitled to receive interest for the period of such delay. 3. Transfers shall be made at the spot market rate of o; exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the most recent exchange rate for conversion of currencies into Special Drawing Rights or United States Dollars, whichever is the most favourable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State shall guarantee to investors of the other Contracting State the free transfer of payments in connection with an investment into and out of its territory, including the transfer of: (a) The the initial capital and any additional capital for the maintenance, management and development of the investment; (b) Returnsreturns; (c) Payments payments under a contract, including amortization amortisation of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties royalties and fees for the rights referred to in Article 1 paragraph Paragraph 1 (d); (e) Proceeds proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings earnings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments payments of compensation pursuant to Articles 5 and 6; (h) payments referred to in Article 8;; and (i) Payments payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting affecting the required transfers, the investor affected shall be entitled to receive interest for the period of such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the most recent exchange rate for conversion of currencies into Special Drawing Rights or United States Dollars, whichever is the most favourable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State shall guarantee to investors of the other Contracting State the free transfer of payments in connection with an investment into and out of its territory, including the transfer of: (a) The the initial capital and any additional capital for the maintenance, management and development of the investment; (b) Returnsreturns; (c) Payments payments under a contract, including amortization amortisation of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties royalties and fees for the rights referred to in Article 1 paragraph Paragraph 1 (d); (e) Proceeds proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings earnings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments payments of compensation pursuant to Articles 5 and 6; (h) payments referred to in Article 8;; and (i) Payments payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting affecting the required transfers, the investor affected shall be entitled to receive interest for the period of such delay... 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the most recent exchange rate for conversion of currencies into Special Drawing Rights or United States Dollars, whichever is the most favourable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State shall guarantee to investors of the other Contracting State the free transfer of payments in connection with an investment into and out of its territory, including the transfer of: (a) The the initial capital and any additional capital for the maintenance, management and development of the investment; (b) Returnsreturns; (c) Payments payments under a contract, including amortization amortisation of principal and accrued interest payments made pursuant to a loan agreement; (d) Royalties royalties and fees for the rights referred to in Article 1 paragraph 1 (d1(d); (e) Proceeds proceeds from the sale or liquidation of the whole or any part of the investment; (f) Earnings earnings and other remuneration of personnel engaged from abroad in connection with the investment; (g) Payments payments of compensation pursuant to Articles 5 and 6; (h) payments referred to in Article 8;; and (i) Payments payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, except in the case of payments in kind, in a freely convertible currency. In case of such delay in effecting the required transfers, the investor affected shall be entitled to receive interest for the period of such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International Monetary Fund or the exchange rate for conversion of currencies into Special Drawing Rights or United States Dollars, whichever is the most favourable to the investor.

Transfer of Payments Related to Investments. 1. Each Contracting State shall guarantee to permit investors of the other Contracting State the free transfer of payments in connection with an investment into and out Out of its territory, including . Including the transfer of: (a) The initial capital and any additional capital for the maintenance, management . Management and development of the investment;: (b) Returns;: (c) Payments under a contract, including amortization amortisation of principal principle and accrued interest payments made pursuant to a loan agreement;: (d) Royalties and fees for the rights referred to in Article 1 I, paragraph 1 (d);1(d): (e) Proceeds from the sale or liquidation of the whole or any part of the investment;. including shares: (f) Earnings and other remuneration of personnel engaged from abroad in connection with the investment;: (g) Payments of compensation pursuant to Articles 5 and 6; (h) payments Payments referred to in Article 8;; and (i) Payments arising out of the settlement of disputes. 2. Transfers of payments under paragraph 1 shall be effected without delay or restrictions and, . except in the case of payments in kind, . in a freely convertible currency. In case of such delay in effecting the required transfers, . the investor affected effected shall be entitled to receive interest for the period of such delay. 3. Transfers shall be made at the spot market rate of exchange prevailing in the host Contracting State on the date of transfer for the currency to be transferred. In the absence of a market for foreign exchange, the rate to be applied will be the most recent rate applied to inward investments or the exchange rate determined in accordance with the regulations of the International international Monetary Fund or the exchange rate for conversion of currencies into Special Drawing Rights special drawing rights or United States Dollars, dollars. whichever is the most favourable to the investor.