Common use of FOREIGNERS Clause in Contracts

FOREIGNERS. The foreign individuals and entities, foreign economic units without juridical status, Mexican enterprises in which foreign capital stock participates majoritarily, and the immigrants who are linked to any economic decision center abroad, by the sole fact of the holding of the participation certificates, it will be understood that they agree with the Mexican Government before the Ministry of Foreign Relations, to be considered as Mexican nationals regarding the participation certificates and they agree by that same fact to waive the protection of their Governments, under the penalty, otherwise, of losing the totality of the certificates on behalf of the Mexican Nation.