Guarantees that the Project Company will not be prevented by the Government from exercising certain rights that are granted to it under the project agreement or that derive from the laws of the country:
(a) Foreign exchange guarantees: guarantees (i) convertibility of local earnings into foreign currency, (ii) the availability of the required foreign currency to meet all foreign debt-service obligations, foreign dividend and management payment, and (iii) the transferability abroad of the converted sums
Expropriation guarantees: assures the company and its shareholders that they will not be expropriated without adequate compensation (includes confiscation and nationalization).