Common use of Transfer Mode Clause in Contracts

Transfer Mode. 1) The transfers to which they refer to Articles IV, V, VI and VIII shall be made in freely convertible currency, according to the commercial exchange rate in force in the market on the date on which the investor requires the transfer and in accordance with the law and regulations of the Contracting Party in which the investment is made, after completing the current tax provisions.

Transfer Mode. 1) The transfers referred to which they refer to in Articles IV4, V5, VI 6 and VIII 7 shall be made in freely currency convertible currency, according to the commercial exchange rate in force in the market applicable on the date on which the investor requires of the transfer and in accordance with the law and regulations of the rules in force in that Contracting Party in which whose territory the investment is was made, after completing the current tax provisions.