Page 109 - Microsoft Word - FINAL COPY - A Legal Guide to Investing in Iraq _12-7-2015_ _6_.docx

SECTION V
MODEL INVESTMENT
CONTRACT
COMMENTARY
This section provides guidance and insight
for drafters utilizing the Model Investment
Contract in Section IV (the enumerated
sections below correspond to the relevant
sections in the Model Investment Contract).
The provisions highlighted below were
selected based on their degree of complexity
and commonality in investment contracts in
Iraq.
Note: The information below is not a
comprehensive account of every possible
issue for these specific provisions in the
contract. Drafters are strongly advised to
seek legal counsel and consider the
suggestions in Section II when negotiating
and drafting investment contracts in Iraq.
SECTION 2. RIGHTS OF THE
SECOND PARTY AS TO FINANCING,
SUBCONTRACTING AND
TRANSFERS
With the consent of the First Party, the
Second Party has the right to assign the
contract and transfer its rights and
obligations under the investment
license/agreement to new investor who
agrees to implement the project according to
the timetable devised for the project, on
condition that 40% of the project has been
completed.
This right of assignment gives assurances to
the new investor that he has the (same)
rights and benefits as the previous investor
under the investment license/agreement, and
105
.‫اﻟﻘﺴﻢ اﻟﺨﺎﻣﺲ‬
‫ ﺗﻌﻠﯿﻘﺎت ﻋﻠﻰ‬:‫اﻟﻘﺴﻢ اﻟﺨﺎﻣﺲ‬
‫ﻧﻤﻮذج ﻋﻘﺪ اﻹﺳﺘﺜﻤﺎر‬
‫ﯾﻘﺪم ھﺬا اﻟﻘﺴﻢ ﺑﻌﺾ اﻟﺘﻮﺟﯿﮫ واﻟﻨﺼﺢ ﻟﻠﻘﺎﺋﻤﯿﻦ ﻋﻠﻰ‬
‫ ﺑﺎﺳﺘﺨﺪام ﻧﻤﻮذج اﻟﻌﻘﺪ اﻟﻮارد ﻓﻲ‬،‫ﺻﯿﺎﻏﺔ ﻋﻘﺪ اﻻﺳﺘﺜﻤﺎر‬
‫اﻟﻘﺴﻢ اﻟﺮاﺑﻊ )اﻻﺣﻜﺎم اﻟﻤﺒﯿﻨﺔ ﻓﻲ ھﺬا اﻟﺠﺰء ﺗﻄﺎﺑﻖ‬
‫ وﻗﺪ وﻗﻊ‬.(‫اﻻﺣﻜﺎم ذات اﻟﺼﻠﺔ ﻓﻲ ﻧﻤﻮذج اﻟﻌﻘﺪ اﻹﺳﺘﺜﻤﺎري‬
‫اﻹﺧﺘﯿﺎر ﻋﻠﻰ اﻷﺣﻜﺎم اﻟﻤﺒﯿّﻨﺔ أدﻧﺎه ﻋﻠﻰ أﺳﺎس درﺟﺔ‬
.‫ﺗﻌﻘﯿﺪھﺎ وﺷﯿﻮﻋﮭﺎ ﻓﻲ ﻋﻘﻮد اﻹﺳﺘﺜﻤﺎر ﻓﻲ اﻟﻌﺮاق‬
‫ اﻟﻤﻌﻠﻮﻣﺎت اﻟﻤﺒﯿّﻨﺔ أدﻧﺎه ﻟﯿﺴﺖ ﺷﺮﺣﺎً ﻛﺎﻣﻼً ﻟﻜﻞ‬:‫ﻣﻼﺣﻈﺔ‬
‫ وﻧﻮد أن ﻧﻨﺼﺢ ﺻﺎﺋﻐﻲ اﻟﻌﻘﻮد‬.‫اﻟﻤﺴﺎﺋﻞ ذات اﻟﺼﻠﺔ ﺑﺎﻟﻌﻘﺪ‬
‫ وأن ﯾﻀﻌﻮا‬،‫ﺑﻀﺮورة اﻹﺳﺘﻌﺎﻧﺔ ﺑﻤﺴﺘﺸﺎر ﻗﺎﻧﻮﻧﻲ‬
‫اﻹﻗﺘﺮاﺣﺎت اﻟﻤﻘﺪﻣﺔ ﻓﻲ اﻟﻘﺴﻢ اﻟﺜﺎﻧﻲ ﻓﻲ ﺣﺴﺒﺎﻧﮭﻢ ﻋﻨﺪ‬
.‫اﻟﺘﻔﺎوض ﻋﻠﻰ ﻋﻘﻮد اﻹﺳﺘﺜﻤﺎر وﺻﯿﺎﻏﺘﮭﺎ ﻓﻲ اﻟﻌﺮاق‬
‫ ﺣﻘﻮق اﻟﻄﺮف اﻟﺜﺎﻧﻲ ﻓﻲ اﻟﺘﻤﻮﯾﻞ واﻟﺘﻌﺎﻗﺪ‬.2 ‫اﻟﻘﺴﻢ‬
‫اﻟﺜﺎﻧﻮي واﻟﺘﺤﻮﯾﻞ‬
‫ ﻓﻲ اﻟﺘﻨﺎزل‬،‫ ﺑﻤﻮاﻓﻘﺔ اﻟﻄﺮف اﻷول‬،‫ﻟﻠﻄﺮف اﻟﺜﺎﻧﻲ اﻟﺤﻖ‬
‫ﻋﻦ اﻟﻌﻘﺪ ﻣﻊ إﺣﺎﻟﺔ ﺣﻘﻮﻗﮫ واﻟﺘﺰاﻣﺎﺗﮫ ﺑﻤﻮﺟﺐ إﺟﺎزة‬
‫اﻹﺳﺘﺜﻤﺎر أو اﻟﻌﻘﺪ اﻟﻤﺒﺮم ﻣﻌﮭﺈﻟﻰ ﻣﺴﺘﺜﻤﺮ ﺟﺪﯾﺪ ﻋﻠﻰ أن‬
‫ﯾﻠﺘﺰم اﻟﻤﺴﺘﺜﻤﺮ اﻟﺠﺪﯾﺪ ﺑﺘﻨﻔﯿﺬ اﻟﻤﺸﺮوع وﻓﻘﺎً ﻟﻠﺠﺪول اﻟﺰﻣﻨﻲ‬
‫ ﻣﻦ‬%40 ‫اﻟﻤﻌﺪ ﻟﺬﻟﻚ ﺑﺸﺮط ﻣﺮاﻋﺎة ان ﺗﻜﻮن ﻧﺴﺒﺔ اﻻﻧﺠﺎز‬
.‫اﻟﻤﺸﺮوع‬
‫وﯾﺴﻤﺢ ھﺬا اﻟﺤﻖ ﻟﻠﻤﺴﺘﺜﻤﺮ اﻟﺠﺪﯾﺪ ﺑﺎﻟﺘﻤﺘﻊ ﺑﺎﻻﻣﺘﯿﺎزات‬
/‫واﻟﺤﻘﻮق اﻟﺘﻲ ﺗﻤﺘﻊ ﺑﮭﺎ ﺳﻠﻔﮫ ﺑﻤﻮﺟﺐ إﺟﺎزة اﻻﺳﺘﺜﻤﺎر أو‬
‫ وﺗﻄﻤﺌﻦ اﻟﻄﺮف اﻻول ﺑﺄن اﻟﻤﺴﺘﺜﻤﺮ‬،‫وﻋﻘﺪ اﻻﺳﺘﺜﻤﺎر‬
‫اﻟﺠﺪﯾﺪ ﺳﯿﻠﺘﺰم ﺑﺎﻟﻮاﺟﺒﺎت اﻟﻤﻨﺼﻮص ﻋﻠﯿﮭﺎ ﻓﻲ إﺟﺎزة‬