Common use of With reference to Article Clause in Contracts

With reference to Article. 2 a) A Contracting Party (or its agencies or instrumentalities) may stipulate with investors of the other Contracting Party, who carry out investment of national interest in the territory of the Contracting Parties, an investment agreement which will govern the specific legal relationship related to said investment. b) Neither of the Contracting Parties will set any condition for the creation, the expansion or the continuation of investments, which may imply the taking over or the imposing of any limitation to, the sale of the production on domestic and international markets, or which specifies that goods must be procured locally, or similar conditions. c) Each Contracting Party will provide effective means of asserting claims and enforcing rights with respect to investments and investment agreements. d) The nationals of either Contracting Party authorised to work in the territory of the other Contracting Party in connection with an investment as per this Agreement, shall have the right to adequate working conditions for the carrying out of their professional activities, in accordance with the legislation of the host Contracting Party. e) According to its laws and regulations, each Contracting Party shall govern as favourably, as possible the problems connected with the entry, stay, work and movement in its territory of nationals of the other Contracting Party, and members of their families, performing activities related to investments under this Agreement. f) Legal persons constituted under the applicable laws or regulations of one Contracting Party, which are owned or controlled by investors of the other Contracting Party, shall be permitted to engage top managerial personnel of their choice, regardless of nationalily, in accordance with the legislation of the host Contracting Party.

Appears in 1 contract

Sources: Investment Agreement

With reference to Article. 2 a) A Contracting Party (or its agencies or instrumentalities) may stipulate with investors of the other Contracting Party, who carry out investment of national interest in the territory of the Contracting Parties, an investment agreement which will govern the specific legal relationship related to said investment. b) Neither of the Contracting Parties will set any condition for the creation, the expansion or the continuation of investments, which may imply the taking over or the imposing of any limitation to, to the sale of the production on domestic and international markets, or which specifies that goods must be procured locally, or similar conditions. c) Each Contracting Party will provide effective means of asserting claims and enforcing rights with respect to investments and investment agreements. d) The nationals of either Contracting Party authorised to work in the territory of the other Contracting Party in connection with an investment as per this Agreement, shall have the right to adequate working conditions for the carrying out of their professional activities, in accordance with the legislation of the host Contracting Party. e) According to its laws and regulations, each Contracting Party shall govern as favourably, favourably as possible the problems connected with the entry, stay, work and movement in its territory of nationals of the other Contracting Party, and members of their families, performing activities related to investments under this Agreement. f) Legal persons constituted under the applicable laws or regulations of one Contracting Party, which are owned or controlled by investors of the other Contracting Party, shall be permitted to engage top managerial personnel of their choice, regardless of nationalilynationality, in accordance with the legislation of the host Contracting Party.

Appears in 1 contract

Sources: Investment Agreement

With reference to Article. 2 a) A Contracting Party (or its agencies or instrumentalities) may stipulate with investors of the other Contracting Partycontracting party, who carry out investment of national interest in the territory of the Contracting Partiescontracting parties, an investment agreement which will govern the specific legal relationship related to said investment. b) Neither of the Contracting Parties contracting parties will set any condition for the creation, the expansion or the continuation of investments, which may imply the taking over or the imposing of any limitation to, to the sale of the production on domestic and international markets, or which specifies that goods must be procured locally, or similar conditions. c) Each Contracting Party will provide effective means of asserting claims and enforcing rights with respect to investments and investment agreements. d) The nationals of either Contracting Party authorised to work in the territory of the other Contracting Party in connection with an investment as per this Agreementagreement, shall have the right to adequate working conditions for the carrying out of their professional activities, in accordance with the legislation of the host Contracting Party. e) According to its laws and regulations, each Contracting Party shall govern regulate as favourably, favourably as possible the problems connected with the entry, stay, work and movement in its territory of the nationals of the other Contracting Party, Party and members of their families, performing activities related to investments under this Agreement. f) Legal persons constituted under the applicable laws or regulations of one Contracting contracting Party, which are owned or controlled by investors of the other Contracting Party, shall be permitted to engage top managerial personnel of or their choice, regardless of nationalilynationality, in accordance with the legislation of the host Contracting Party.

Appears in 1 contract

Sources: Investment Agreement