Common use of Free Transfer Clause in Contracts

Free Transfer. 1. Each Contracting Party shall ensure to investors of the other Contracting Party the free transfer, into and out of its territory, of their investments and transfer payments related to investments. Such payments shall include in particular, though not exclusively: (a) Principal and additional amounts to maintain, develop or increase the investment; (b) Returns; (c) Proceeds obtained from the total or partial sale or disposal of an investment, including the sale of shares; (d) Amounts required for the payment of expenses which arise from the operation of the investment, such as loans repayments, payment of royalties, management fees, licence fees or other similar expenses; (e) Compensation payable pursuant to Articles 5, 6 and 8; (f) Payments arising from the settlement of a dispute; (g) Earnings and other remuneration of personnel engaged from abroad and working in connection with an investment. 2. Each Contracting Party shall further ensure that the transfers referred to in paragraph 1 of this Article shall be made without any restriction in a freely convertible currency and at the prevailing market rate of exchange applicable on the date of transfer to the currency to be transferred and shall be immediately transferable. 3. In the absence of a market for foreign exchange, the rate to be used shall be the most recent exchange rate for the conversions of currencies into Special Drawing Rights. 4. In case of a delay in transfer caused by the host Contracting Party, the transfer shall also include interest at a commercial rate established on a market basis for the currency in question from the date on which the transfer was requested until the date of actual transfer and shall be borne by that Contracting Party.

Free Transfer. 1. Each Contracting Party shall ensure to investors of the other Contracting Party the free transfer, into and out of its territory, of their investments and transfer payments related to investments. Such payments shall include in particular, though not exclusively: (a) Principal principal and additional amounts to maintain, develop or increase the investment; (b) Returnsreturns; (c) Proceeds proceeds obtained from the total or partial sale or disposal of an investment, including the sale of shares; (d) Amounts amounts required for the payment of expenses which arise from the operation of the investment, such as loans repayments, payment of royalties, management fees, licence fees or other similar expenses; (e) Compensation compensation payable pursuant to Articles 5, 6 5 and 86; (f) Payments payments arising from the settlement of a dispute; (g) Earnings earnings and other remuneration of personnel engaged from abroad and working in connection with an investment. 2. Each Contracting Party shall further ensure that the transfers referred to in paragraph 1 of this Article shall be made without any restriction in a freely convertible currency and at the prevailing market rate of exchange applicable on the date of transfer to the currency to be transferred and shall be immediately transferable. 3. In the absence of a market for foreign exchange, the rate to be used shall be the most recent exchange rate for the conversions of currencies into Special Drawing Rights. 4. In case of a delay in transfer caused by the host Contracting Party, the transfer shall also include interest at a commercial rate established on a market basis for the currency in question from the date on which the transfer was requested until the date of actual transfer and shall be borne by that Contracting Party.

Free Transfer. 1. Each Contracting Party shall ensure to investors of the other Contracting Party the free transfer, into and out of its territory, of their investments and transfer payments related to investments. Such payments shall include in particular, though not exclusively: (a) Principal principal and additional amounts to maintain, develop or increase the investment; (b) Returnsreturns; (c) Proceeds proceeds obtained from the total or partial sale or disposal of an investment, including the sale of shares; (d) Amounts amounts required for the payment of expenses which arise from the operation of the investment, ,such as loans repayments, payment of royalties, management fees, licence fees or other similar expenses; (e) Compensation compensation payable pursuant to Articles 5, 6 5 and 86; (f) Payments payments arising from the settlement of a dispute; (g) Earnings earnings and other remuneration of personnel engaged from abroad and working in connection with an investment. 2. Each Contracting Party shall further ensure that the transfers referred to in paragraph 1 of this Article shall be made without any restriction in a freely convertible currency and at the prevailing market rate of exchange applicable on the date of transfer to the currency to be transferred and shall be immediately transferable. 3. In the absence of a market for foreign exchange, the rate to be used shall be the most recent exchange rate for the conversions of currencies into Special Drawing Rights. 4. In case of a delay in transfer caused by the host Contracting Party, the transfer shall also include interest at a commercial rate established on a market basis for the currency cutrency in question from the date on which the transfer was requested until the date of actual transfer and shall be borne by that Contracting Party.

Free Transfer. 1. Each Contracting Party shall ensure to investors of the other Contracting Party the free transfer, into and out of its territory, of their investments and transfer investments. Transfer payments related to investments. Such payments investments shall include in particular, though not exclusively: (a) Principal and additional amounts to maintain, develop or increase the investment; (b) Returns; (c) Proceeds obtained from the total or partial sale or disposal of an investment, including the sale of shares; (d) Amounts required for the payment of expenses which arise from the operation of the investment, such as loans repayments, payment of royalties, management fees, licence fees or other similar expenses; (e) Compensation payable pursuant to Articles 5, 6 5 and 86; (f) Payments arising from the settlement of a dispute; (g) Earnings and other remuneration of personnel engaged from abroad and working in connection with an investment. 2. Each Contracting Party shall further ensure that the transfers referred to in paragraph 1 of this Article shall be made without any restriction or delay in a freely convertible currency and at the prevailing market rate of exchange applicable on the date of transfer to the currency to be transferred and shall be immediately transferable. 3. In the absence of a market for foreign exchange, the rate to be used shall be the most recent exchange rate for the conversions of currencies into Special Drawing Rights. 4. In case of a delay in transfer caused by the host Contracting Party, the transfer shall also include interest at a commercial rate established on a market basis for the currency in question from the date on which the transfer was requested until the date of actual transfer and shall be borne by that Contracting Partytransfer.

Free Transfer. 1. Each Contracting Party shall ensure to investors of the other Contracting Party the free transfer, into and out of its territory, of their investments and transfer payments related to investments. Such payments shall include in particular, though not exclusively: (a) Principal principal and additional amounts to maintain, develop or increase the investment; (b) Returnsreturns; (c) Proceeds proceeds obtained from the total or partial sale or disposal of an investment, including the sale of shares; (d) Amounts amounts required for the payment of expenses which arise from the operation of the investment, ,such as loans repayments, payment of royalties, management fees, licence fees or other similar expenses; (e) Compensation compensation payable pursuant to Articles 5, 6 5 and 86; (f) Payments payments arising from the settlement of a dispute; (g) Earnings earnings and other remuneration of personnel engaged from abroad and working in connection with an investment. 2. Each Contracting Party shall further ensure that the transfers referred to in paragraph 1 of this Article shall be made without any restriction in a freely convertible currency and at the prevailing market rate of exchange applicable on the date of transfer to the currency to be transferred and shall be immediately transferable. 3. In the absence of a market for foreign exchange, the rate to be used shall be the most recent exchange rate for the conversions of currencies into Special Drawing Rights. 4. In case of a delay in transfer caused by the host Contracting Party, the transfer shall also include interest at a commercial rate established on a market basis for the currency in question from the date on which the transfer was requested until the date of actual transfer and shall be borne by that Contracting Party.

Free Transfer. 1. Each Contracting Party shall ensure to investors of the other Contracting Party the free transfer, into and out of its territory, of their investments and transfer payments related to investments. Such payments shall include in particular, though not exclusively: (a) Principal and additional amounts to maintain, develop or increase the investment; (b) Returns; (c) Proceeds obtained from the total or partial sale or disposal of an investment, including the sale of shares; (d) Amounts required for the payment of expenses expenses, which arise from the operation of the investment, such as loans loan repayments, payment of royalties, management fees, licence fees or other similar expenses; (e) Compensation payable pursuant to Articles 5, 6 6, 8 and 89; (f) Payments arising from the settlement of a dispute; (g) Earnings Unspent earnings and other remuneration of personnel engaged from abroad and working in connection with an investment. 2. Each Contracting Party shall further ensure that the transfers referred to in paragraph 1 of this Article shall be made without any restriction in a freely convertible currency of the choice of the investor and at the prevailing market rate of exchange applicable on the date of transfer to the currency to be transferred and shall be immediately transferable. 3. In the absence of a market for foreign exchange, the rate to be used shall be the most recent exchange rate for the conversions of currencies into Special Drawing Rights. 4. In case of a delay in transfer caused by the host Contracting Party, the transfer shall also include interest at a commercial rate established on a market basis for the currency in question from the date on which the transfer was requested until the date of actual transfer and shall be borne by that Contracting Party.