Common use of Repatriation of Investment and Returns Clause in Contracts

Repatriation of Investment and Returns. 1. Each Contracting Party shall permit as regards investments of investors of the other Contracting Party the transfer of, in particular though not exclusively: a) Profits, interests, dividends and royalties or fees. b) Funds in repayment of loans regularly contracted. c) Proceeds from the sale or liquidation of all or any part of an investment. d) Compensations pursuant to Article 5. e) Earnings of nationals of the other Contracting Party authorized to work in its territory in which the investment have been made, subject to the laws and regulations of the Contracting Party host to the investment. 2. The transfer will be made without undue delay into a convertible currency, at the official rate of exchange applicable at the date of transfer under procedures provided by laws and regulations of the concerned Contracting Party.

Appears in 19 contracts

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