Common use of LAND EXPROPRIATION Clause in Contracts

LAND EXPROPRIATION. 1. Notwithstanding Article 2.6 (Expropriation), where Singapore is the expropriating Party, any measure of expropriation relating to land, which shall be as defined in the Land Acquisition Act (Chapter 152 (1), shall be upon payment of compensation at market value in accordance with the aforesaid legislation.

Appears in 2 contracts

Samples: Investment Protection Agreement, Investment Protection Agreement

AutoNDA by SimpleDocs

LAND EXPROPRIATION. 1. Notwithstanding Article 2.6 (Expropriation), where Singapore is the expropriating Party, any measure of expropriation relating to land, which shall be as defined in the Land Acquisition Act (Chapter 152 (1)152)1, shall be upon payment of compensation at market value in accordance with the aforesaid legislation.

Appears in 2 contracts

Samples: www.eumonitor.eu, investmentpolicy.unctad.org

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.