Common use of Expropriation and Nationalization Clause in Contracts

Expropriation and Nationalization. 1 The expropriation or nationalization or any other measures having similar effects that may be taken by the authorities of one Contracting Party against investments of investors of the other contracting party in its territory, it shall be applied only for reasons of public purpose in accordance with the laws and in no case shall be discriminatory. The contracting party to take such measures shall be paid to the investor or its patient, without undue delay, adequate compensation, convertible and freely transferable.

Appears in 3 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

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Expropriation and Nationalization. 1 The expropriation or nationalization or any other similar measures having similar effects that may be taken by the authorities of one Contracting Party against investments of investors of the other contracting party in its territory, it shall be applied only for reasons of public purpose or social interest, in accordance with the laws and in no case shall be discriminatory. The the contracting party to take such measures shall be paid to the investor or its patient, without undue delay, adequate compensation, convertible compensation which shall be effectively realisable and freely transferable.

Appears in 2 contracts

Samples: Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement

Expropriation and Nationalization. 1 The expropriation or nationalization or any other measures having similar effects that may be taken by the authorities of one Contracting Party against investments of investors of the other contracting party in its territory, it territory shall be applied only for reasons of public purpose or requirement in accordance with the laws and in no case shall be discriminatory. The the contracting party to take such measures shall be paid to the investor or its patientbeneficiary, without undue delay, adequate compensation, convertible and freely transferable.

Appears in 2 contracts

Samples: Investment Promotion and Protection Agreement, Investment Promotion and Protection Agreement

Expropriation and Nationalization. 1 The expropriation or nationalization or any other measures having similar effects that may be taken by the authorities of one Contracting Party against investments of investors of the other contracting party in its territory, it shall be applied only apply solely for reasons of public purpose or social interest, in accordance with the laws laws, and in no case shall be non-discriminatory. The contracting party to take the Contracting Party shall adopt such measures shall be paid to the investor or its patient, without undue delay, adequate compensation, convertible and freely transferable.

Appears in 1 contract

Samples: Investment Promotion and Protection Agreement

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Expropriation and Nationalization. 1 The Investments of investors of one Contracting Party in the territory of the other Contracting Party shall not be subjected to any expropriation or nationalization or any other measures having similar effects (hereinafter expropriation) except that may be any such measures are taken by the authorities of one Contracting Party against investments of investors of the other contracting party in its territory, it shall be applied only for reasons of public purpose in accordance with the laws interest or social purpose, under due process of law, on a non-discriminatory basis and in no case shall be discriminatory. The contracting party to take such measures shall be paid to accompanied by the investor or its patientpayment of prompt, without undue delay, effective and adequate compensation, convertible and freely transferable.

Appears in 1 contract

Samples: Investment Protection Agreement

Expropriation and Nationalization. 1 The expropriation or nationalization or any other measures having similar effects that may be taken by the authorities of one Contracting Party against investments of investors of the other contracting party in its territory, it territory shall be applied only for reasons of public purpose in accordance with the laws and in no case shall be discriminatory. The contracting party to take the Contracting Party shall adopt such measures shall be paid to the investor or its patient, without undue delay, adequate compensation, convertible and freely transferable.

Appears in 1 contract

Samples: Investment Promotion and Protection Agreement

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