Common use of Repatriation of Investments and Returns Clause in Contracts

Repatriation of Investments and Returns. 1. Each Contracting Party shall in respect of investments permit nationals and companies of the other Contracting Party the unrestricted transfer in freely convertible currency of their investments and of the earnings from it to the country designated by those nationals. Transfers shall be effected without delay in a freely convertible currency at the rate of exchange applicable on the date of transfer, subject to any exchange regulations in force.

Appears in 2 contracts

Samples: Agreement, investmentpolicy.unctad.org

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Repatriation of Investments and Returns. 1. Each Contracting Party shall in respect of investments permit quarantee to nationals and or companies of the other Contracting Party the unrestricted transfer in freely convertible currency of their investments and of the earnings from it to the country designated by those nationalsreturns. Transfers shall be effected without delay in a freely the convertible currency in which the capital was originally invested or in any other convertible currency agreed by the investor and the Contracting Party concerned. Unless otherwise agreed by the investor transfers shall be made at the rate of exchange applicable in the host state on the date of transfer, subject transfer pursuant to any he exchange regulations in force.

Appears in 1 contract

Samples: Agreement

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Repatriation of Investments and Returns. 1. Each Contracting Party shall in respect of investments permit guarantee to nationals and or companies of the other Contracting Party the unrestricted transfer in freely convertible currency of their investments and of the earnings from it to the country designated by those nationalsreturns. Transfers shall be effected without delay in a freely the convertible currency in which the capital was originally invested or in any other convertible currency agreed by the investor and the Contracting Party concerned. Unless otherwise agreed by the investor transfers shall be made at the rate of exchange applicable on the date of transfer, subject transfer pursuant to any the exchange regulations in force.

Appears in 1 contract

Samples: Agreement

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