TNAG-2827-FCO40-4080-Investment-Protection-and-Promotion-Agreements-(IPPA)-betwee-1993 — Page 90

3

:

b) shares in and stock and debentures of a company and any

other form of participation, including minority participa-

tion, in a company;

c) claims to money or to any performance under contract

having an economic value;

d) intellectual property rights, in particular copyrights,

patents, registered designs, trade-marks, trade-names, trade and business secrets, technical processes, know-how,

and good will;

e) business concessions lawfully conferred, including

concessions to search for, cultivate, extract or exploit

natural resources.

A change in the form in which assets are invested does not affect their character as investments;

(3) the term "returns" means:

amounts yielded by an investment and in particular, though not exclusively, includes profit, interest, capital gains, dividends, royalties and fees;

(4) the term "investors" means:

ti

a) in respect of the Federal Republic of Germany:

Germans within the meaning of the Basic Law of the Federal Republic of Germany,

- any juridical person as well as any commercial or other

company or association with or without legal personality having its seat in its orce, irrespective of whether or not its activities are directed at profit;

7 the territory of the Federal Republic

of Germany

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