Dispossession and Compensation Sample Clauses

Dispossession and Compensation. 1. The investments made by nationals or companies of one Contracting Party shall enjoy full and complete protection and security on the territory and in the maritime area of the other Contracting Party. 2. Neither Contracting Party shall take any measures of expropriation or nationalization or any other measures having the effect of dispossession, direct or indirect, of nationals or companies of the other Contracting Party of their investments on its territory and in its maritime area, except in the public interest and provided that these measures are neither discriminatory nor contrary to a particular commitment as mentioned in Article 7 of the present Agreement. Any measures of dispossession which might be taken shall give rise to prompt and adequate compensation, the amount of which shall be equal to the actual value of the investments concerned prior to any threat of dispossession. The said compensation, the amounts and conditions of payment, shall be set before the date of dispossession. This compensation shall be effectively realizable, shall be paid without delay and shall be freely transferable. Until the date of payment, it shall produce interest calculated at the appropriate market rate of interest. 3. Nationals or companies of one Contracting Party whose investments have sustained losses due to war or any other armed conflict, revolution, national state of emergency or revolt occurring on the territory or in the maritime area of the other Contracting Party, shall enjoy treatment from the latter Contracting Party that is not less favourable than that granted to its own nationals or companies or to those of the most favoured nation.
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Dispossession and Compensation. 1. Investments made by nationals or companies of either Contracting Party shall enjoy full protection and security in the territory and maritime area of the other Contracting Party. 2. The Contracting Parties shall not take any measures of expropriation or nationalization or any other measures the effect of which is to dispossess, directly or indirectly, the nationals and companies of the other Party of investments belonging to them in their territory and maritime zone, except in the public interest and provided that such measures are not discriminatory or contrary to any particular undertaking. All measures of dispossession, including but not limited to expropriation and immediate possession, which may be taken shall be subject to the payment of prompt and adequate compensation: Such compensation, the amount thereof and the manner of payment shall be fixed not later than the date of dispossession and, failing amicable agreement, by judicial decision. This compensation is effectively realizable, paid without delay and freely transferable. It shall bear interest until the date of payment, calculated at the appropriate market interest rate. The amount of the compensation, equal to the real value of the investments concerned, must be assessed in relation to a normal economic situation prior to any threat of dispossession. 3. The nationals or companies of one of the contracting parties whose investments have suffered losses as a result of war or any other armed conflict, revolution, state of national emergency or revolt in the territory or maritime area of the other contracting party shall be accorded by the latter treatment no less favourable than that accorded to its own nationals or companies or to those of the most favoured nation.
Dispossession and Compensation. 1. Investments made by companies or nationals of either Contracting Party shall enjoy protection and security in the other contracting party. The Contracting Parties shall not take any measures of expropriation or nationalization or any other measures the effect of which is, directly or indirectly dispossessing nationals and companies of the other party investments owned, except for a public purpose and provided that such measures are not discriminatory. All dispossession measures that might be taken shall be subject to the payment of prompt and adequate compensation in an amount equal to the real value of the investment concerned must be assessed in relation to the economic situation that is made public prior to any threat of dispossession. Such compensation, its amount and has no later than the date of dispossession. the compensation shall be paid without delay, and effectively realisable freely transferable. it produces until the date of payment, shall include interest at the market rate of interest. 2. Companies or nationals of either Contracting Party whose investments have suffered losses due to a war or any other armed conflict, revolution, state of emergency or national revolt in the other contracting party benefit, on the part of this latter, from a treatment no less favourable than that accorded to its own nationals or companies or to those of the most favoured nation.
Dispossession and Compensation. 1. Investments made by investors of either Contracting Party shall enjoy full protection and security in the territory and maritime zone of the other Contracting Party. 2. The Contracting Parties shall not take expropriation or nationalisation measures or any other measures the effect of which is to deprive, directly or indirectly, investors of the other Party of investments belonging to them in their territory and maritime area, except in the public interest and provided that such measures are neither discriminatory nor contrary to a particular commitment. Any dispossession measures which may be taken shall give rise to the payment of prompt and adequate compensation, the amount of which, equal to the real value of the investments concerned, shall be assessed in relation to a normal economic situation and prior to any threat of dispossession. This compensation, its amount and the manner of its payment shall be fixed no later than the date of dispossession. The compensation shall be effectively realisable, paid without delay and freely transferable. It shall bear interest up to the date of payment at the appropriate market rate. 3. Investors of one of the Contracting Parties whose investments have suffered losses as a result of war or any other armed conflict, revolution, national emergency or revolt in the territory or maritime zone of the other Contracting Party shall receive from the latter treatment no less favourable than that accorded to its own investors or to those of the most favoured nation.
Dispossession and Compensation. 1. Investments made by investors of either Contracting Party in the Territory and in the maritime zones of other contracting party to the protection and security. 2. The Contracting Parties shall not take any measures of expropriation or nationalization or any other measure the purpose of which is to dispossess, directly or indirectly, an investor of the other contracting party of their investments in its territory and in the maritime area, except for a public purpose and provided that such measures are not discriminatory. Any measure of dispossession which might be taken shall take place without delay in payment of compensation. the amount of such compensation shall be equivalent to the real value of the investment concerned and must be assessed in relation to a normal economic situation and prior to any threat of dispossession. Such compensation, its amount and has no later than the date of dispossession. compensation shall be paid without delay, and effectively realisable freely transferable. it produces until the date of payment, shall include interest at the market rate of interest as appropriate.
Dispossession and Compensation. 1. Investments made by nationals or companies of either Contracting Party shall enjoy full protection and security in the territory and maritime area of the other Contracting Party. 2. The Contracting Parties shall not take any measures of expropriation or nationalization or any other measures the effect of which is to dispossess, directly or indirectly, the nationals and companies of the other Party of investments belonging to them in their territory and maritime area, except in the public interest and provided that such measures are not discriminatory or contrary to any particular undertaking. Any measures of dispossession which may be taken must give rise to the payment of prompt and adequate compensation, the amount of which, equal to the real value of the investments concerned, must be assessed in relation to a normal economic situation prior to any threat of dispossession. This indemnity, its amount and the terms of payment shall be fixed at the latest on the date of the dispossession. This compensation is effectively realizable, paid without delay and freely transferable. It shall bear interest until the date of payment at the appropriate market rate of interest. 3. The nationals or companies of one of the Contracting Parties whose investments have suffered losses as a result of war or any other armed conflict, revolution, state of national emergency or revolt in the territory or maritime area of the other Contracting Party shall receive from the latter treatment no less favourable than that accorded to its own nationals or companies or to those of the most favoured nation.
Dispossession and Compensation. 1. The Contracting Parties shall not take any measures of expropriation, nationalization or expropriation or any other measure having equivalent effect, in respect of investments made by investors of the other party except for public purposes, under due process and provided that such measures are not discriminatory and are subject to the payment of prompt, effective and adequate compensation. 2. The compensation shall be equivalent to the market value of the investment immediately before the expropriation or nationalisation or expropriation took place or before it is made public. 3. The compensation shall be paid without delay. Any such delay majorera award of costs. Such compensation shall be effectively realizable and freely transferable.
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Dispossession and Compensation. (1) Neither of the Contracting Parties shall take, either directly or indirectly, measures of expropriation, nationalization or any other measures having the same nature or the same effect against investments of investors of the other Contracting Party, unless the measures are taken in the public interest as established by law, on a non-discriminatory basis, and under due process of law and provided that provisions be made for effective and adequate compensation. The amount of compensation, interest included, shall be settled in a freely convertible currency and paid without delay to the investor entitled thereto. Resulting payments shall be freely and promptly transferable. (2) The investors of one Contracting Party whose investments have suffered losses due to a war or any other armed conflict, state of emergency or rebellion, which took place in the State territory of the other Contracting Party shall benefit, from the part of this latter, of a treatment in accordance with Article 3, paragraph (2) of this Agreement. They shall, in all events, be entitled to compensation.
Dispossession and Compensation. 1. Investments made by investors of either Contracting Party shall enjoy protection and security in the other contracting party. 2. The contracting Parties do not take measures nationalization or dispossession or any other measures, the effect of which is to dispossess, directly or indirectly, an investor of the other party investments owned, except for reasons of public purpose or need and provided that such measures (hereinafter referred to as dispossession measures) are neither discriminatory nor contrary to a specific engagement. All dispossession measures that might be taken shall be subject to the payment of prompt and adequate compensation in an amount equal to the real value of the investment concerned must be assessed in relation to an economic situation prior to any threat of dispossession. The amount of compensation shall be made prior to the date of dispossession. the compensation shall be paid without delay, and effectively realisable freely transferable. it produces until the date of payment, shall include interest at the market rate of interest.
Dispossession and Compensation. 1. Investments made by nationals or companies of either Contracting Party shall enjoy full protection and security in the other Contracting Party. 2. The Contracting Parties shall not take any measures of expropriation or nationalization or any other measures the effect of which is to deprive, directly or indirectly, the nationals and companies of the other Contracting Party of investments belonging to them except in the public interest and provided that such measures (hereinafter referred to as "measures of expropriation") are not discriminatory or contrary to any particular undertaking. Any expropriation measures that may be taken shall be subject to the payment of prompt and adequate compensation, the amount of which, equal to the real value of the investments concerned, shall be assessed in relation to the normal economic situation prevailing before any threat of expropriation measures became public. This compensation, its amount and the way it is to be paid shall be fixed at the latest on the date of dispossession. This compensation is effectively realizable, paid without delay and freely transferable. It shall bear interest until the date of payment, calculated at the appropriate market interest rate. 3. The nationals or companies of one of the contracting Parties whose investments have suffered losses as a result of war or any other armed conflict, revolution, state of emergency or revolt occurring in the other contracting Party, shall be accorded by the latter Party treatment no less favourable than that accorded to its own nationals or companies or to those of the most favoured nation.
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