Common use of Against compensation Clause in Contracts

Against compensation. 2. 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compensation shall include interest at a current commercial rate applicable to the currency in which the investment was originally made form the date of expropriation until the date of payment.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.

Appears in 4 contracts

Samples: edit.wti.org, edit.wti.org, edit.wti.org

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Against compensation. 2. , The compensation mentioned in paragraph 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shall include interest at a current normal commercial rate applicable to the currency in which the investment was originally made form from the date of expropriation until the date of payment. The compensation shall also be made without delay, be effectively realizable and freely transferable.

Appears in 2 contracts

Samples: Agreement, Agreement

Against compensation. 2. The compensation mentioned referred to in paragraph 1 of this Article article shall be equivalent to the market value of the expropriated investments investment and immediately before the expropriation took place when the expropriation or who will take place is taken or before the impending expropriation becomes public knowledgeknown in public, which is means earlier. The such market value shall be determined in accordance with generally recognized principles of valuation. The the compensation shall include at the current interest at a current commercial rate prevailing in trade and applicable to the currency in which the investment was originally made form from the date of expropriation until the date of payment. The indemnification / compensation shall also be made without delay, be effectively realizable and freely transferable.

Appears in 1 contract

Samples: Cooperation Agreement

Against compensation. 2. The compensation mentioned referred to in paragraph 1 of this Article article shall be equivalent to the market value of the expropriated investments investment and immediately before the expropriation took place when the expropriation or who will take place is taken or before known to the impending expropriation becomes public knowledgepublic, which is means earlier. The Such market value shall be determined in accordance with generally recognized principles of valuation. The compensation shall include interest calculated at a current normal commercial rate applicable to the currency in which the investment was originally made form from the date of expropriation until the date of payment. The compensation shall also be made without delay, and be effectively realizable convertible and freely transferable.

Appears in 1 contract

Samples: edit.wti.org

Against compensation. 2. 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, which whichever 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 calculated from the date of expropriation until the date of paymentpayment at the LIBOR rate for six months US dollar credits. The compensation shall also be made paid without delay, be effectively realizable and delay in any freely transferableconvertible currency.

Appears in 1 contract

Samples: Agreement

Against compensation. 2. , The compensation 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 from the date of expropriation until the date of payment. The compensation shall also be made without delay, be effectively realizable and freely transferable.

Appears in 1 contract

Samples: Agreement

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Against compensation. 2. 2 β€” The compensation mentioned in paragraph 1 of this Article 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, which whichever is earlier. The market value shall be determined in accordance with generally recognized principles of valuation. The compensation shall include interest at a current normal commercial rate applicable to the currency in which the investment was originally made form from the date of expropriation until the date of payment. The compensation shall also be made paid without delay, be effectively realizable and freely transferable.

Appears in 1 contract

Samples: Agreement

Against compensation. 2. , 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 made or before the impending expropriation becomes public knowledge, which whichever is earlierearly. The value shall be determined in accordance with generally internationally recognized principles of valuation. The compensation shall include interest at a the current commercial rate prevailing in the London inter-bank financial market(LIBOR) applicable to the currency in which the investment was originally made form from the date of expropriation until the date of payment. The compensation shall also be made without delay, be effectively realizable and freely transferable.

Appears in 1 contract

Samples: Agreement

Against compensation. 2. The compensation mentioned in paragraph Paragraph 1 of this Article shall be equivalent to the value of the expropriated investments investment immediately before the expropriation is taken or before the impending expropriation becomes public knowledge, which whichever is earlier. The value shall be determined in accordance with generally recognized principles of valuation. The compensation shall include interest at a current normal commercial rate applicable to the currency in which the investment was originally made form from the date of expropriation until the date of payment. The compensation shall also be made without delay, be effectively realizable and freely transferable.

Appears in 1 contract

Samples: Agreement

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