Common use of Nationalization and Expropriation Clause in Contracts

Nationalization and Expropriation. Nationalization, expropriation or any other measure having similar characteristics or effects that may be applied by the authorities of one Contracting Party against the investments in its territory of investors of the other Contracting Party must be effected exclusively for reasons of public interest or social benefit, in accordance with the law, and shall in no case be discriminatory. The Contracting Party adopting such measure shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate compensation in convertible and freely transferable national currency.

Nationalization and Expropriation. NationalizationThe nationalization, expropriation or any other measure having of similar characteristics or effects that may be applied by the authorities of one Contracting Party against the investments in its own territory of investors of the other Contracting Party must be effected applied exclusively for reasons of public interest or social benefit, in accordance with pursuant to the law, and shall in no case be discriminatory. The Contracting Party adopting such measure measures shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate compensation beneficiary adequate indemnity in convertible and freely transferable national currencycurrency without unjustified delay.

Nationalization and Expropriation. Nationalization1) Investments of investors from one of the Contracting Parties shall not subject be to nationalization, expropriation expropriation, or any other measure having measures of similar characteristics effect directly or effects that may be applied by indirectly in the authorities of one Contracting Party against the investments in its territory of investors of the other Contracting Party must be effected exclusively Party, unless it is for reasons general purposes on a non-discriminatory basis and in exchange for the payment of public interest or social benefit, actual and fair compensation in accordance with legal procedures and without unjustified delay. 2) Fair compensation shall be based on real market values immediately preceding the lawtime at which the nationalization or expropriation decision was announced or made public, and shall in no case be discriminatory. The Contracting Party adopting such measure shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate compensation in convertible and freely transferable national currencywhichever is earlier.

Nationalization and Expropriation. NationalizationThe nationalization, expropriation or any other measure having of similar characteristics or effects that may be applied by the authorities of one Contracting Party against the investments in its own territory of investors of the other Contracting Party must be effected applied exclusively for reasons of public interest or social benefit, in accordance with pursuant to the law, and shall in no case be discriminatory. The Contracting Party adopting such measure measures shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate compensation beneficiary an adequate indemnity in convertible and freely transferable national currencycurrency without unjustified delay.

Nationalization and Expropriation. NationalizationThe nationalization, expropriation or any other measure having of similar characteristics or effects that may be applied by the authorities of one Contracting Party against the investments in its own territory of investors of the other Contracting Party must be effected applied exclusively for reasons of public interest or social benefit, in accordance with pursuant to the law, and shall in no case be discriminatory. The Contracting Party adopting such measure measures shall pay to the investor investors or his or its legal beneficiary, without undue delay, appropriate compensation beneficiary an adequate indemnity in convertible and freely transferable national currencycurrency without unjustified delay.

Nationalization and Expropriation. NationalizationThe nationalization, expropriation or any other measure having of similar characteristics or effects that may be applied by the authorities of one Contracting Party against the investments in its own territory of investors of the other Contracting Party must be effected applied exclusively for reasons of public interest or social benefit, in accordance with pursuant to the law, and shall in no case casa be discriminatory. The Contracting Party adopting such measure measures shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate beneficiary adequate compensation in convertible and freely transferable national currencycurrency without unjustified delay.

Nationalization and Expropriation. NationalizationThe nationalization, expropriation or any other measure having of similar characteristics or effects that may be applied by the authorities of one Contracting Party against the investments in its own territory of investors investor of the other Contracting Party must be effected applied exclusively for reasons of public interest or social benefit, in accordance with pursuant to the law, and shall in no case be discriminatory. The Contracting Party adopting such measure measures shall pay to the investor investors or his or its legal beneficiary, without undue delay, appropriate compensation beneficiary an adequate indemnity in convertible and freely transferable national currencycurrency without unjustified delay.

Nationalization and Expropriation. Nationalization1. Investments of investors of either Contracting Party shall not be subject, expropriation directly or indirectly, to expropriation, nationalization or any other measure measures having a similar characteristics or effects that may be applied by effect in the authorities of one Contracting Party against the investments in its territory of investors of the other Contracting Party must Party, except for a public interest, on a non-discriminatory basis and against the payment of fair compensation based on legal regulations and without unreasonable delay. 2. Fair compensation shall be effected exclusively for reasons of public interest based on the real market value immediately before the nationalization or social benefit, in accordance with the law, and shall in no case be discriminatory. The Contracting Party adopting such expropriation measure shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate compensation in convertible and freely transferable national currencywas announced.

Nationalization and Expropriation. Nationalization, expropriation or any other measure having similar characteristics charac- teristics or effects that may be applied by the authorities of one Contracting Party against the investments in its territory of investors of the other Contracting Party must be effected exclusively for reasons of public interest or social benefitinterest, in accordance with the law, and shall in no case be discriminatory. The Contracting Party adopting such measure shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate appro- priate compensation in convertible and freely transferable national currency.

Nationalization and Expropriation. Nationalization(1) Investments of investors of either Contracting Party shall not be subject, expropriation directly or indirectly, to expropriation, nationalization or any other measure measures having a similar characteristics or effects that may be applied by effect in the authorities of one Contracting Party against the investments in its territory of investors of the other Contracting Party must Party, except for a public purpose, on a non-discriminatory basis and against the payment of fair compensation based on legal procedures and without unreasonable delay. (2) Fair compensation shall be effected exclusively for reasons of public interest based on the real market value immediately before the nationalization or social benefit, in accordance with the law, and shall in no case be discriminatory. The Contracting Party adopting such expropriation measure shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate compensation in convertible and freely transferable national currencywas announced.

Nationalization and Expropriation. NationalizationThe nationalization, expropriation or any other measure having of similar characteristics or effects that may be applied by the authorities of one Contracting Party against the investments investment in its own territory of investors of the other Contracting Party must be effected applied exclusively for reasons of public interest or social benefit, in accordance with pursuant to the lawlaw of the former, and shall in no case be discriminatory. The Contracting Party adopting such measure measures shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate compensation beneficiary an adequate indemnity in convertible and freely transferable national currencycurrency without unjustified delay.

Nationalization and Expropriation. Nationalization, expropriation or any other measure having similar characteristics or effects that may be applied by the authorities of one Contracting Party against the investments in its territory of investors of the other Contracting Party must be effected exclusively for reasons of public interest or social benefitinterest, in accordance with the law, and shall in no case be discriminatory. The Contracting Party adopting such measure shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate compensation compensation, in convertible and freely transferable national currency.

Nationalization and Expropriation. NationalizationAny nationalization, expropriation or any other measure having similar characteristics or effects that may be applied of this nature taken by the authorities of one Contracting Party against the investments in its territory of investors of the other Contracting Party must in its territory, shall be effected exclusively taken only for reasons of public interest or social benefit, use and in accordance with the law, law and shall in no case be discriminatory. The Contracting Party adopting such measure those measures shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate adequate compensation in convertible and freely transferable national currency.

Nationalization and Expropriation. Nationalization, expropriation or any other measure having of similar characteristics or effects that may be applied by the authorities of one Contracting Party against the investments in its own territory of investors of the other Contracting Party must be effected applied exclusively for reasons of public interest or social benefit, in accordance with pursuant to the law, and shall in no case be discriminatory. The Contracting Party adopting such measure measures shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate beneficiary an adequate compensation in convertible and freely transferable national currencycurrency without unjustified delay.

Nationalization and Expropriation. NationalizationThe nationalization, expropriation or any other measure form of dispossession having similar characteristics effect equivalent to nationalization or effects expropriation that may be applied by the authorities of one Contracting Party against the investments in its territory of investors of the other Contracting Party must Party, shall be effected applied exclusively for reasons reason of public interest or social benefit, in accordance with and pursuant to the law, and shall in no case be discriminatory. The Contracting Party party adopting such measure measures shall pay to the investor or his or its legal beneficiary, without undue delay, appropriate compensation beneficiary an adequate indemnity in convertible and freely transferable national currencycurrency without unjustified delay.

Nationalization and Expropriation. NationalizationNeither of the Contracting Parties shall take, directly or indirectly, any nationalization, expropriation or any other measure measures having similar characteristics the same nature or effects that may be applied by the authorities of one Contracting Party effect against the investments in its territory of belonging to investors of the other Contracting Party must be effected exclusively Party, except for reasons of public interest or social benefit, in accordance with utility pursuant to the law, as long as such measures are non-discriminatory and subject to due process, and appropriate provision is made for effective and adequate compensation. The amount of the indemnity, including interest thereon, shall be determined in freely convertible currency and shall in no case be discriminatory. The Contracting Party adopting such measure shall pay paid without delay to the investor or his or its legal beneficiary, without undue delay, appropriate compensation in convertible and freely transferable national currencyaffected by the measure.