addresses two situations Sample Clauses
This clause defines the rules or procedures that apply when either of two specific situations arise under the agreement. In practice, it outlines what actions the parties must take or what rights and obligations are triggered in each of the two scenarios, such as what happens if a deadline is missed or if a party fails to deliver goods. By clearly addressing both situations, the clause ensures that the contract remains effective and predictable even when different circumstances occur, thereby reducing ambiguity and potential disputes.
addresses two situations. The first is direct expropriation, where an investment is nationalized or otherwise directly expropriated through formal transfer of title or outright seizure.
addresses two situations. The first is the direct expropriation, where an investment is nationalised or otherwise directly expropriated through formal transfer of title or outright seizure. The second situation addressed by Article 10.12 is indirect expropriation, where an action or series of actions by a Party has an effect equivalent to direct expropriation without formal transfer of title or outright seizure. The determination of whether an action or series of actions by a Party, in a specific fact situation, constitutes indirect expropriation requires a case-by-case, fact-based enquiry that considers, among other factors: The economic impact of the government action, although the fact that an action or series of actions by a Party has an adverse effect on the economic value of an investment, does not in and of itself establish that an indirect expropriation has occurred; The extent to which the government action or series of actions interferes with the unequivocal and reasonable expectations of the investment; and The character of the government action. Except in rare circumstances, non-discriminatory regulatory actions by a Party that are designed and applied to protect legitimate public welfare objectives do not constitute indirect expropriations.0 ANNEX 10.27: SERVICE OF DOCUMENTS TO A PARTY UNDER SECTION B Documents must be submitted to the location specified for each Party. A Party must notify and make public any change in the address specified in this Annex. The location for submission of the Notice of Intent and other documents referred to in the dispute resolution related to Section B shall be as follows: For Chile: Dirección de Asuntos Jurídicos Ministerio de Relaciones Exteriores de la República de Chile Teatinos No. 180 Santiago, Chile Or its successor For Colombia: Dirección de Inversión Extranjera y Servicios Ministerio de Comercio, Industria y Turismo ▇▇▇▇▇ ▇▇ ▇▇. ▇▇ A – 15, piso 3 Bogotá D.C. – Colombia Or its successor For Mexico: Dirección General de Consultoría Jurídica de Comercio Internacional Secretaría de Economía ▇▇▇▇▇▇▇ ▇▇▇▇▇ No. 30, piso 17 Delegación ▇▇▇▇▇▇▇▇▇▇ México D.F. C.P.06140 Or its successor For Peru: Dirección General de Asuntos de Economía Internacional, Competencia y Productividad Ministerio de Economía y Finanzas ▇▇▇▇▇ ▇▇▇▇▇ No. 277, piso 5 Lima 1, Perú Or its successor ANNEX ON DECREE LAW 600 - CHILE The Decree Law 600 (1974), Foreign Investment Statute, is a voluntary and special investment scheme for Chile. Instead of investing in Chile ...
addresses two situations. The first is direct expropriation, where an investment is nationalized or otherwise directly expropriated through formal transfer of title or outright seizure. The second situation addressed by Article 11.6.1 is indirect expropriation, where an action or series of actions by a Party has an effect equivalent to direct expropriation without formal transfer of title or outright seizure.