Common use of Nationalisation or Expropriation Clause in Contracts

Nationalisation or Expropriation. 1. Investments made by investors of one Contracting Party in the territory of the other Contracting Party shall not be nationalized or expropriated or subjected to any other measures having equivalent effect (hereinafter referred to as "expropriation"). except for a public purpose or social interest and in accordance with due process of law, and provided that such measures are not discriminatory and are accompanied by the payment of prompt, effective and adequate compensation.

Appears in 2 contracts

Samples: Agreement, Agreement

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Nationalisation or Expropriation. (1. ) Investments made by investors of one Contracting Party State in the territory of the other Contracting Party State shall not be nationalized or expropriated expropriated, nationalised or subjected to any other measures having equivalent a similar effect (hereinafter referred to as "expropriation"). except for a public purpose or social interest and in accordance with due process of law, and provided that such measures unless the following conditions are not discriminatory and are accompanied by the payment of prompt, effective and adequate compensation.fulfilled;

Appears in 1 contract

Samples: Agreement

Nationalisation or Expropriation. 1. (i) Investments made by of investors of one from either Contracting Party State shall not be nationalised, expropriated or subjected to measures having effect directly or indirectly equivalent to nationalisation or expropriation (such as forced transfer or freezing) in the territory of the other Contracting Party shall not be nationalized or expropriated or subjected to any other measures having equivalent effect (hereinafter referred to as "expropriation"). State except for a public purpose or social in the national interest of that State, for prompt, adequate and just compensation and on condition that such measures are taken on a non-discriminatory basis and in accordance with due process of law, and provided that such measures are not discriminatory and are accompanied by the payment of prompt, effective and adequate compensation.

Appears in 1 contract

Samples: Agreement

Nationalisation or Expropriation. (1. ) Investments made by investors of one nationals or companies of either Contracting Party shall not be nationalised, expropriated or subjected to measures having effect equivalent to nationalisation or expropriation in the territory of the other Contracting Party shall not be nationalized or expropriated or subjected to any other measures having equivalent effect (hereinafter referred to as "expropriation"). except for a public purpose or social interest related to the internal needs of that Contracting Party and in accordance with due process of lawagainst prompt, adequate and effective compensation, provided that such measures are not taken on a non-discriminatory basis and are accompanied by the payment of prompt, effective and adequate compensationin accordance with law.

Appears in 1 contract

Samples: Agreement

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Nationalisation or Expropriation. 1. (a) Investments made by of either Contracting State or any of its investors of one Contracting Party shalle not be subject to sequestration, confiscation or any similar measures in the territory or maritime zones of the other Contracting Party shall not be nationalized or expropriated or subjected to any other measures having equivalent effect (hereinafter referred to as "expropriation"). except for State save with the order of a public purpose or social interest court of competent jurisdiction in commercial and civil matters issued in accordance with due process of law, and provided that such measures are not discriminatory and are accompanied by the payment of prompt, effective and adequate compensationlaws in force.

Appears in 1 contract

Samples: edit.wti.org

Nationalisation or Expropriation. 1. Investments made by investors nationals or companies of one either Contracting Party shall enjoy full protection and security in the territory of the other Contracting Party shall not be nationalized or expropriated or subjected to any other measures having equivalent effect (hereinafter referred to as "expropriation"). except for a public purpose or social interest and in accordance with due process of law, and provided that such measures are not discriminatory and are accompanied by the payment of prompt, effective and adequate compensationParty.

Appears in 1 contract

Samples: edit.wti.org

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