Honduras - Netherlands BIT (2001)

Article 1

For the purposes of this Agreement:

(a) the term “investments” means every kind of asset and more particularly, though not exclusively:

(i) movable and immovable property as well as any other rights in rem in respect of every kind of asset; (ii) rights from shares, bonds and other kinds of interests in companies and joint ventures; (iii) claims to money, to other assets or to any performance having an economic value; (iv) rights in the field of intellectual property, technical processes, goodwill and know-how; (v) concessions and other rights granted by law or under contract, including rights of prospecting, exploration, extraction, exploitation and winning of natural resources.

(b) the term “nationals” shall comprise with regard to either Contracting Party:

(i) natural persons having the nationality of that Contracting Party in conformity with its laws; (ii) legal persons constituted under the law of that Contracting Party; (iii) legal persons constituted under the law of a third State, as subsidiary companies, controlled, directly or indirectly, by natural persons as defined in (i) or by legal persons as defined in (ii).


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