Common use of Transfer Each Clause in Contracts

Transfer Each. Party shall permit all transfers relating to covered investments to be made in a freely convertible currency, without restriction or delay and at the market rate of exchange applicable on the date of transfer. Such transfers include: (a) contributions to capital, such as principal and additional funds to maintain, develop or increase the investment; (b) profits, dividends, capital gains and other returns, proceeds from the sale of all or any part of the investment or from the partial or complete liquidation of the investment; (c) payments of interest, royalties, management fees, and technical assistance and other fees; (d) payments made under a contract entered into by the investor, or the covered investment, including payments made pursuant to a loan agreement; (e) earnings and other remuneration of personnel engaged from abroad and working in connection with the investment; (f) payments made pursuant to Article 2.6 (Compensation for Losses) and Article 2.7 (Expropriation); and (g) payments of damages pursuant to an award issued under Section B (Resolution of Disputes between Investors and Parties) of Chapter 3 (Dispute Settlement). ARTICLE 2.9