Repatriation and Transfer Clause Samples
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Repatriation and Transfer. 1. Each Party shall permit in good faith all transfers related to an investment to be made freely and without unreasonable delay into and out of its territory, such transfers include:
(a) Returns,
(b) Proceeds from the sale or liquidation of all or any part of an investment.
(c) Compensation pursuant to Article III.
(d) Reimbursements and interest payments deriving from loans in connection with investments.
(e) Salaries, wages and other remunerations received by the nationals of one Party who have obtained in the territory of the other Party the corresponding work permits relative to an investment.
(f) Payments arising from an investment dispute.
2. Transfer shall be made in the convertible currency in which the investment has been made or in any convertible currency at the rate of exchange in force at the date of transfer, unless otherwise agreed by the investor and the hosting Party.
Repatriation and Transfer. 1. Upon fulfillment of all tax obligations, each Contracting Party shall permit in good faith all transfers related to an investment to be made freely and without delay into and out of its territory. Such transfers include:
(a) the initial capital and additional amounts to maintain or increase investment,
(b) returns,
(c) proceeds from the sale or liquidation of all or any part of an investment, (d) compensation pursuant to Article 6 and 7,
Repatriation and Transfer. Each Party shall permit in good faith all transfers related to an investment to be made freely and without delay into and out of its territory. Such transfers include:
Repatriation and Transfer. 1. Upon fulfillment of all tax obligations, each Contracting Party shall permit in good faith all transfers related to an investment to be made freely and without delay into and out of its territory. Such transfers include:
(a) returns,
(b) proceeds from the sale or liquidation of all or any part of an investment, (c) compensation pursuant to Article 5 and Article 6,
(d) reimbursements and interest payments deriving from loans in connection with investments,
(e) salaries, wages and other remunerations received by the nationals of one Contracting Party who have obtained in the territory of the other Contracting Party the corresponding work permits related to an investment,
(f) payments arising from an investment dispute.
2. Transfers shall be made in the convertible currency in which the investment has been made or in any convertible currency at the rate of exchange in force at the date of transfer, unless otherwise agreed by the investor and the hosting Contracting Party.
3. Notwithstanding above articles of this Agreement, a Contracting Party may prevent a transfer through the equitable, non- discriminatory and good faith application of its national laws relating to:
(a) bankruptcy, insolvency or the protection of the rights of creditors;
(b) issuing, trading or dealing in securities, futures, options and other derivatives;
(c) suspected criminal or administrative offenses;
(d) reports of transfers of cash or other monetary instruments; or
(e) ensuring compliance with judicial or administrative proceedings.
4. Notwithstanding other provisions of this Agreement, each Contracting Party may, in accordance with its laws and regulations, adopt or maintain measures inconsistent with its obligations under this Article: (a) in the event of serious balance-of-payments and external financial difficulties or threat thereof; or (b) where, in exceptional circumstances, movements of capital cause, or threaten to cause, serious difficulties for macroeconomic managements, in particular monetary and exchange rate policies.
5. Measures referred to in paragraph 4 above: (a) shall be consistent with the Articles of the Agreement of the International Monetary Fund other than those the Contracting Parties made reservations; (b) shall not exceed those necessary to deal with the circumstances described in paragraph 4 above; (c) shall be temporary and shall be eliminated as soon as conditions permit; (d) shall be promptly notified to the other Contracting Party.
6. With regard to...
Repatriation and Transfer. 1. Each Contracting Party shall guarantee in good faith all transfers related to an investment to be made freely and without delay into and out of its territory. Such transfers include:
(a) the initial capital and additional amounts to maintain or increase investment;
(b) returns;
(c) proceeds from the sale or liquidation of ail or any part of an investment;
(d) compensation pursuant to Article 6 and 7;
(e) reimbursements and interest payments deriving from loans in connection with investments;
(f) salaries, wages and other remunerations received by the nationals of one Contracting Party who have obtained hi the territory of the other Contracting Party the corresponding work permits related to an investment;
(g) payments arising from an investment dispute.
2. Transfers shall be made in the convertible currency in which the investment has been made or in any convertible currency at the rate of exchange in force at the date of transfer, unless otherwise agreed by the investor and the hosting Contracting Party.
3. Where, in exceptional circumstances, payments and capital movements cause or threaten to cause serious balance of payments difficulties, each Contracting Party may temporarily restrict transfers, provided that such restrictions are imposed on a non-discriminatory and in good faith basis.
Repatriation and Transfer. 1. Subject to its laws and regulations, each Contracting Party shall guarantee in good faith all transfers related to an investment to be made freely and without delay into and out of its territory. Such transfers include:
(a) the initial capital and additional amounts to maintain or increase investment,
(b) returns,
(c) proceeds from the sale ar liquidation of all or any part of an investment, (d) compensation pursuant to Article 6 and 7,
(e) reimbursements and interest payments deriving from loans in connection with investments,
(f) salaries, wages and other remunerations received by the nationals of one Contracting Party who have obtained in the territory of the other Contracting Party the corresponding work permits related to an investment,
(g) payments arising from an investment dispute.
2. Transfers shall be made in the convertible currency in which the investment has been made or in any convertible currency at the rate of exchange in force at the date of transfer, unless otherwise agreed by the investor and the hosting Contracting Party.
3. Where, in exceptional circumstances, payments and capital movements cause or threaten to cause serious balance of payments difficulties, each Contracting Party may temporarily restrict transfers, provided that such restrictions are imposed on a non- discriminatory and in good faith basis.
Repatriation and Transfer. 1. Upon fulfillment of all tax obligations, each Contracting Party shall permit in good faith all transfers, related to an investment, to be made freely and without delay into and out of its territory. Such transfers include:
(a) principal and additional amounts to maintain, develop or increase the investment,
(b) returns except payments in kind,
(c) proceeds from the sale or liquidation of all or any part of an investment, (d) compensation pursuant to Articles 5, 6, 8 and 9,
(e) amounts required for the payment of expenses which arise from the operation of the investment, such as loans repayments, payment of royalties, management fees, license fees or other similar expenses,
(f) salaries, wages and other remunerations received by the nationals of one Contracting Party who have obtained in the territory of the other Contracting Party the corresponding work permits related to an investment,
(g) payments of expenses arising from an investment dispute.
2. Transfers shall be made without any restriction in a freely convertible currency at the prevailing market rate of exchange applicable on the date of transfer to the currency to be transferred and shall be promptly transferable.
3. Where, in exceptional circumstances, payments and capital movements cause or threaten to cause serious balance of payments difficulties, each Contracting Party may temporarily restrict transfers, provided that such restrictions are not discriminatory.
Repatriation and Transfer. 1. Each Contracting Party shall permit in good faith all transfers related to an investment to be made freely and without unreasonable delay into and out of its territory. Such transfers include:
(a) returns,
(b) proceeds from die sale or liquidation of all or any part of an investment,
(c) compensation pursuant to Articles 5 and 6,
(d) reimbursements and interest payments deriving from loans in connection with investments,
(e) salaries, wages and other remunerations received by the nationals of one Contracting Party who have obtained in the territory of the other Contracting Party the corresponding work permits relative to an investment,
(f) payments arising fr om a dispute relating to an investment.
2. Transfers shall be promptly effected in a convertible currency and at the prevailing exchange rate on die day the transfer is made.
Repatriation and Transfer. 1 Each Contracting Party shall permit in good faith the following transfers related to investments referred to in this Agreement, to be made freely and without delay in and out of its territory: a Returns;
Repatriation and Transfer. (1) Each Contracting Party in whose territory investments have been made by investors of the other Contracting Party shall grant those investors the free transfer of the payments relating to these investments, particularly:
a) Of interests, dividends, benefits and other current returns;
b) Of repayments of loans;
c) Of amounts assigned to cover expenses relating to the management of the investment;
d) Of royalties and other payments deriving from rights enumerated in Article 1, paragraph (2), letters c), d) and e) of this Agreement;
e) Of additional contributions of capital necessary for the maintenance or development of the investment;
f) Of the proceeds of the sale or of the partial or total liquidation of the investment, including capital appreciation.
(2) Transfers shall be effected without delay in freely convertible currency in the normal applicable exchange rate at the date of the transfer, in accordance with the procedures established by the Contracting Party in whose territory the investment was made, which shall not imply a rejection or a suspension of such transfer.