Common use of Transfers and Re Clause in Contracts

Transfers and Re. transfers 1) Both Contracting Parties shall allow investors of the other Contracting Party to transfer the following abroad without undue delay, in a convertible currency and at the exchange rate adopted on the day of the transfer: a) the invested capital, including reinvested returns for the purpose of maintaining or increasing existing investment. b) Net returns. c) Revenue from the total or partial sale or the total or partial liquidation of any investment. d) Funds allocated for the repayment of loans related to investment and the payment of financial expenses related thereto. e) Amounts of compensation mentioned in Articles (6) and (7) of this Agreement and payments received from disputes. f) Fees and allowances paid to nationals of a Contracting Party for work and services related to investment in the territory of the host Contracting Party.

Appears in 9 contracts

Samples: Reciprocal Promotion and Protection of Investments Agreement, Reciprocal Promotion and Protection of Investments Agreement, Reciprocal Promotion and Protection of Investments Agreement

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