For the purposes of the present Agreement:
- a)the term “investments” shall comprise 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 derived from shares, bonds and other kinds of interests in companies and joint ventures;
- (iii)title 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)rights granted under public law, including rights to prospect, explore, extract and win natural resources.
- b)the term “nationals” shall comprise with regard to either Contracting Party:
- (i)natural persons having the nationality of that Contracting Party;
- (ii)legal persons constituted under the law of that Contracting Party;
- (iii)legal persons not constituted under the law of that Contracting Party but controlled, directly or indirectly, by natural persons as defined in (i) or by legal persons as defined in (ii) above.
- c)the term “territory” shall mean:
- (i)with respect to Mongolia, the territory over which Mongolia has sovereignty or jurisdiction;
- (ii)with respect to the Kingdom of the Netherlands, the territory which constitutes the Kingdom of the Netherlands including also the maritime areas adjacent to the coast, to the extent to which the Kingdom of the Netherlands exercises sovereign rights or jurisdiction in those areas according to international law.
