Against compensation Sample Clauses
The 'Against compensation' clause prohibits the offsetting of mutual debts or claims between parties, meaning that each party must fulfill its obligations independently without deducting amounts owed to or by the other party. In practice, this means if one party owes money to the other, it cannot reduce its payment by any amount it believes is owed in return, even if there are outstanding claims. This clause is commonly used to ensure that contractual payments are made in full and on time, preventing delays or disputes that could arise from attempts to set off counterclaims, thereby promoting financial clarity and certainty in transactions.
Against compensation. The compensation mentioned in ▇▇▇▇▇▇▇▇▇ ▇, (▇) of this Article shall be equivalent to the value of the expropriated investments at the time when expropriation is proclaimed, be convertible and freely transferable. The compensation shall be paid without unreasonable delay.
Against compensation. The compensation mentioned in paragraph 1 of this Article shall be equivalent to the value of the expropriated investments immediately before the expropriation is taken or before the impending expropriation becomes public knowledge, which is earlier. The value shall be determined in accordance with generally recognized principles of valuation. The compensation shall include interest at a current commercial rate applicable to the currency in which the investment was originally made form the date of expropriation until the date of payment. The compensation shall also be made without delay, be effectively realizable and freely transferable.
Against compensation. The compensation referred to in paragraph 1 (d) of this Article shall be such as to place the investors in the same financial position as that in which they would have been if the measures referred to in paragraph 1 of this Article had not been taken. Such compensation shall be paid without delay. It shall be effectively realizable and freely transferable at the exchange rate in effect on the date used for the determination of the amount of compensation.paragraph 1 (d) of this Article shall be such as to place the investors in the same financial position as that in which they would have been if the measures referred to in paragraph 1 of this Article had not been taken. Such compensation shall be paid without delay. It shall be effectively realizable and freely transferable at the exchange rate in effect on the date used for the determination of the amount of compensation.
Against compensation. The [c]ompensation mentioned in paragraph 1, (c) of this [A]rticle shall be equivalent to the value of the expropriated investments at the time when expropriation is proclaimed, be convertible and freely transferable. The compensation shall be paid without unreasonable delay.
Against compensation. The compensation mentioned in Paragraph 1 of this Article shall be equivalent to the market value of the expropriated investments immediately before the expropriation is taken or before the impending expropriation becomes public knowledge, whichever is the earlier. The value shall be determined in accordance with generally recognized principles of valuation. The compensation shall include interest at a normal commercial rate from the date of expropriation until the date of payment. The compensation shall be made without delay, be effectively realizable and be freely transferable.Paragraph 1 of this Article shall be equivalent to the market value of the expropriated investments immediately before the expropriation is taken or before the impending expropriation becomes public knowledge, whichever is the earlier. The value shall be determined in accordance with generally recognized principles of valuation. The compensation shall include interest at a normal commercial rate from the date of expropriation until the date of payment. The compensation shall be made without delay, be effectively realizable and be freely transferable.