a)natural persons who, as determined under the domestic law of the Home State, are nationals of the Home State or permanent residents of the Home State and that have not the nationality of the Host State;
b)enterprises (other than branches and representative offices), sovereign wealth funds and non-profit organizations focused on research and development provided that they:
i.are either incorporated or constituted, as well as maintained, in accordance with the laws and regulations of the Home State;
ii.have their registered office, central administration or principal place of business in the territory of the Home State; and
iii.maintain substantial business activities in the territory of the Home State.
Notwithstanding the above, the term “investor” does not include:
a)entities without legal capacity under the law of the Home State; and
b)funds other than sovereign wealth funds.
A natural person that is a dual national of either Contracting Party and any non-Contracting Party, shall be deemed to be exclusively a national of the State of his or her dominant and effective nationality. Nevertheless, an investor does not include any person who also has or had the nationality of the Host State.
4.The term “territory” means:
a)In respect of the Slovak Republic: the land territory, internal waters and the airspace above them over which it exercises sovereignty, sovereign rights and jurisdiction in accordance with international law.
b)In respect of the Islamic Republic of Iran it refers to the areas under the sovereignty or jurisdiction, as the case may be, of the Islamic Republic of Iran and includes its respective maritime areas.
5.The term returns“ means all amounts yielded by or derived from an investment or reinvestment, including profits, dividends, capital gains, royalties, interest, payments in connection with intellectual property rights, payments in kind and all other lawful income.
6.The term “Host State“ means the Contracting Party in which the investment is located.
7.The term „Home State" means the Contracting Party which is the State of origin of the investor.