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.

Appears in 7 contracts

Samples: Agreement, Agreement, Agreement

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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.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

Nationalization and Expropriation. 1 . Nationalization, expropriation or any other measure having similar characteristics or effects that may might be applied taken by the authorities of one Contracting Party against the investments in its territory of by investors of the other Contracting Party must should be effected exclusively for reasons of imposed only in the public interest or social benefit, and in accordance with the law, and shall should in no case be discriminatory. The Contracting Party adopting that imposes such measure measures shall pay to the investor or his or its legal beneficiary, the investor's assignees appropriate compensation without undue delay, appropriate compensation delay and in freely convertible and freely transferable national currency.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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.

Appears in 4 contracts

Samples: edit.wti.org, edit.wti.org, edit.wti.org

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.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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.

Appears in 2 contracts

Samples: Agreement, Agreement

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.

Appears in 1 contract

Samples: Agreement

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.

Appears in 1 contract

Samples: Agreement

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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.

Appears in 1 contract

Samples: Agreement

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.

Appears in 1 contract

Samples: edit.wti.org

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.

Appears in 1 contract

Samples: edit.wti.org

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.

Appears in 1 contract

Samples: Agreement

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.

Appears in 1 contract

Samples: Agreement

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