Currency Exchange Control Clause Samples
Currency Exchange Control. There are no currency exchange control laws or withholding taxes, in each case of Bermuda, that would be applicable to the payment of dividends on the Securities by the Company (other than as may apply to residents of Bermuda for Bermuda exchange control purposes).
Currency Exchange Control. The Contractor is submitted to the foreign exchange regulations in force in the Member Countries of the Economic and Monetary Community of Central Africa (CEMAC) including any present or future special provisions granted to the petroleum industry, emanating from CEMAC, whether implemented by it or by any agency or government mandated by it.
Currency Exchange Control. 31.1. The Contract will be governed by the currency exchange regulation in force.
▇▇.▇. ▇▇ restriction will be imposed on importation by the Contractor of the funds intended for the performance of the Petroleum Operations.
31.3. The Contractor will be authorized to freely convert its assets in Gabon to convertible currencies; it will also have the right to export the funds it owns in Gabon in excess of its local needs, without being discriminated against.
▇▇.▇. ▇▇ addition, the Contractor will have the right not to import into Gabon the funds intended for performance of the Petroleum Operations requiring payment to be made abroad when due.