Common use of Exchange Rate Clause in Contracts

Exchange Rate. 1. The transfers referred to in articles 4 and 5 of this Agreement shall be made at the rate of exchange applicable on the date of the latter and in accordance with the foreign exchange regulations in force in the State in whose territory the investment has been made. 2. These rates shall in no case be less favourable than those accorded to investors of the most favoured nation, including by virtue of specific commitments, provided for in the agreements or arrangements concluded in protection of investments. 3. In all cases, the rates shall be fair and equitable.

Appears in 3 contracts

Sources: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement

Exchange Rate. 1. The transfers referred to in articles 4 5 and 5 6 of this Agreement shall be made at conducted according to the rate of exchange applicable on the date of on which the latter goods are carried out and in accordance with the foreign exchange regulations in force in the State in whose territory the investment has been made. 2. These The rates of exchange shall in no case be less favourable than those accorded to investors of the most favoured nation, including by virtue of particularly under specific commitments, provided for in the obligations under agreements or arrangements concluded in the protection of investments. 3. In all cases, the rates exchange rate applied shall be fair and equitable.

Appears in 3 contracts

Sources: Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement

Exchange Rate. 1. The transfers referred to in articles 4 and 5 of this Agreement shall be made at the rate of exchange applicable on the date of the latter and in accordance with the foreign exchange regulations in force in the State in whose territory the investment has been made. 2. These rates shall in no case be less favourable than those accorded to investors of the most favoured nation, including by virtue of specific commitments, provided for in the agreements or arrangements concluded in any protection of investments. 3. In all cases, the rates shall be fair and equitable.

Appears in 2 contracts

Sources: Investment Agreement, Investment Agreement

Exchange Rate. 1. The transfers referred to in articles Articles 4 and 5 of this Agreement shall be made at the rate of exchange rates applicable on the date of transfer under the latter and in accordance with the foreign exchange regulations in force in according to the State in whose territory the investment has been madecategories of transactions. 2. These rates shall in no case be less favourable favorable than those accorded granted to investors nationals or legal persons of the most favoured nationthird countries, including in particular by virtue of specific commitments, commitments provided for in the any agreements or arrangements concluded in protection of investmentswith regard to investment protection. 3. In all casesany event, the rates applied shall be fair and equitable, taking into account the usual transfer taxes and charges which may be imposed for foreign exchange transactions.

Appears in 1 contract

Sources: Investment Promotion and Protection Agreement

Exchange Rate. 1. The transfers referred to in articles this Agreement are effected on the day on which they are made and at the exchange rates applicable under the regulations of the territory in which the investment is made, in Articles 4 and 5 of this Agreement shall be made Agreement, at the rate of exchange rates applicable on the date of the latter and in accordance with the foreign exchange regulations in force in the State territory in whose territory which the investment has been is made. 2. These rates shall in no case be less favourable than those accorded to investors of the most favoured nationmost-favoured-nation investors, including in particular by virtue of specific commitments, commitments provided for in any of the agreements or arrangements concluded in protection of investmentson investment protection. 3. In all cases, the rates applied shall be fair and equitable.

Appears in 1 contract

Sources: Investment Agreement