Investments and Activities. 11 4.1 Investment Objectives 11
Investments and Activities. (i) that involve large-scale physical and economic displacement as described in Land Acquisition, Restrictions on Land Use, or Involuntary Resettlement (as defined under ESS 5); (ii) that adversely impact sensitive habitats and species as described in Biodiversity Conservation and Sustainable Management of Living Natural Resources (as defined under ESS 6); (iii) that adversely impact Cultural Heritage (as defined under ESS 8); or (iv) that involve child or forced labor;
Investments and Activities associated with the investments of investors of either Contracting State shall at all times be accorded fair and equitable treatment and shall enjoy full protection and security in the territory of the other Contracting State.
Investments and Activities. 11 4.1 Investment Objectives 11 -i- 4.2 Borrowing 11 4.2.1 General 11 4.2.2 Member Acknowledgements 13 4.2.3 Beneficiary Rights 13 4.3 Preferred Units 13 4.4 Distributions; Recycling 13 4.4.1 Distributions 13 4.4.2 Recycling; Recall of Distributions 14 4.5 Allocations 14 4.5.1 Maintenance of Capital Accounts 14 4.5.2 Allocations to Capital Accounts 14 4.5.3 Tax Allocations 15 4.5.4 Determinations by the Board 15 ARTICLE 5 —FEES AND EXPENSES; ADVISORY AGREEMENT 15 5.1 Company Expenses 15 5.2 Investment Management Agreement 16 ARTICLE 6 —CAPITAL OF THE COMPANY 16 6.1 Obligation to Contribute 16 6.1.1 General 16 6.1.2 Investment Period 16 6.1.3 No Interest 17 6.2 Failure To Make Required Payment 17 6.2.1 Default 17 ARTICLE 7 —DURATION OF THE COMPANY 18 7.1 Term and Termination of the Company 18 7.2 Sale or Merger 18 ARTICLE 8 —LIQUIDATION OF ASSETS ON DISSOLUTION 18 8.1 General 18 8.2 Liquidating Distributions; Priority 19 8.3 Duration of Liquidation 19 8.4 Liability for Returns 19 8.5 Post-Dissolution Investments and Drawdowns 19
Investments and Activities. 8 4.1 Investment Objectives. 8 4.2 Investment Limitations. 8 4.2.1 Investments in Portfolio Companies. 8 4.2.2 Co-Investment Rights. 8 4.2.3 Conflicts of Interest. 9 4.2.4 Presentation of Opportunities. 9 4.3 Borrowing. 9 4.4 Retention and Reinvestment of Proceeds. 9 4.4.1 Limited Retention and Reinvestment. 9
Investments and Activities associated with investments of investors of either Contracting Party shall be accorded fair and equitable treatment and shall enjoy protection in the territory of the other Contracting Party.
Investments and Activities
