Common use of Expropriation, Compensation Clause in Contracts

Expropriation, Compensation. (1) Investments made by investors of one Contracting Party shall not be nationalized, expropriated or subjected to measures having effect equivalent to nationalization or expropriation (hereinafter referred to as "expropriation") in the territory of the other Contracting Party, except for a public purpose. The expropriation shall be carried out on a non-discriminatory basis in accordance with legal procedure and against compensation.

Appears in 2 contracts

Samples: Agreement, Agreement

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Expropriation, Compensation. (1) . Investments made by investors of one a Contracting Party in the state territory of the other Contracting Party shall not be nationalizedexpropriated, expropriated nationalized or subjected to any other measures having effect the effect, either directly or indirectly, equivalent to expropriation or nationalization or expropriation (hereinafter referred to as "expropriation") in the territory of the other Contracting Party, except for a public purpose. The expropriation shall be carried out and state interest, on a non-discriminatory basis in accordance with legal procedure basis, under due process of law and against the payment of prompt, adequate and effective compensation.

Appears in 2 contracts

Samples: Agreement, Agreement

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Expropriation, Compensation. (1) . Investments made by investors of one a Contracting Party in the state territory of the other Contracting Party shall not be nationalizedexpropriated, expropriated nationalized or subjected to any other measures having effect the effect, either directly or indirectly, equivalent to expropriation or nationalization or expropriation (hereinafter referred to as "expropriation") in the territory of the other Contracting Party, except for a public purpose. The expropriation shall be carried out and state interest, on a non-non- discriminatory basis in accordance with legal procedure basis, under due process of law and against the payment of prompt, adequate and effective compensation.

Appears in 1 contract

Samples: Agreement

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