Common use of Nationalization and Expropriation Clause in Contracts

Nationalization and Expropriation. (1) Investments of investors of either Contracting Parties shall not be nationalized, expropriated or otherwise subjected to any other similar measures having an effect equivalent to Nationalization or expropriation (hereinafter referred to as "expropriation") in the territory of the other Contracting Party except for reasons of public interest under due process of law, on a non-discriminatory basis and provided that it is accompanied by prompt, adequate and effective compensation. (2) Such compensation shall amount to the market value of the investment expropriated immediately before expropriation was taken or before impending expropriation became Public knowledge, which ever is the earlier shall be made without undue delay, be effectively realizable and be freely transferable. (3) The investor of the Contracting Party shall have a right to prompt review by a judicial or other independent authority of the other Contracting Party, of his or its case and of the valuation of his or its investments in accordance with the principles set out in this Article.

Nationalization and Expropriation. (1) Investments of investors of either Contracting Parties Party shall not be nationalized, expropriated or otherwise subjected to any other similar measures having an effect equivalent to Nationalization nationalization or expropriation (hereinafter referred to as "expropriation") in the territory of the other Contracting Party except for reasons of public interest under due process of law, on a non-discriminatory basis basis, and provided that it is accompanied by prompt, adequate and effective compensation. (2) Such compensation shall amount to the market value of the investment expropriated immediately before expropriation was taken or before impending expropriation became Public public knowledge, which ever whichever is the earlier earlier, shall include interest at the applicable commercial rate, and shall be made without undue delay, be effectively realizable and be freely transferable. (3) The investor of the Contracting Party shall have a right to prompt a review by a judicial or other independent authority of the other Contracting Party, of his or its case and of the valuation of his or its investments in accordance with the principles set out in this Article.

Nationalization and Expropriation. (1) . Investments of investors of either Contracting Parties Party shall not be nationalized, expropriated or otherwise subjected to any other similar measures having an effect equivalent to Nationalization nationalization or expropriation (hereinafter referred to as "'expropriation"') in the territory of the other Contracting Party except for reasons of public interest under due process of law, on a non-discriminatory basis basis, and provided that it is accompanied by prompt, adequate adequate, and effective compensation. (2) . Such compensation shall amount to the market value of the investment expropriated immediately before expropriation was taken or before impending expropriation became Public public knowledge, which ever is the earlier earlier, shall include interest at the applicable commbrcial interest rate, and shall be made without undue delay, be effectively realizable and be freely transferable. (3) . The investor of the Contracting Party shall have a right to prompt a review by a judicial or other independent authority of the other Contracting Party, of his or its case and of the valuation of his or its investments in accordance with the principles set out in this Article.

Nationalization and Expropriation. (1) Investments of investors of either Contracting Parties Party shall not be nationalized, expropriated or otherwise subjected to any other similar measures having an effect equivalent to Nationalization nationalization or expropriation (hereinafter referred to as "expropriation") in the territory of the other Contracting Party except for reasons of public interest under due process of law, on a non-discriminatory basis basis, and provided that it is accompanied by prompt, adequate and effective compensation. (2) Such compensation shall amount to the market value of the investment expropriated immediately before expropriation was taken or before impending expropriation became Public public knowledge, which ever whichever is the earlier earlier, shall include interest at the applicable commercial rate, and shall be made without undue delay, be effectively realizable and be freely transferable. (3) The investor of the Contracting Party shall have a right to a prompt review by a judicial or other independent authority body of the other Contracting Party, of his or its case and of the valuation of his or its investments in accordance with the principles set out in this Article.

Nationalization and Expropriation. (1) Investments of investors of either Contracting Parties Party shall not be nationalized, expropriated or otherwise subjected to any other similar measures having an effect equivalent to Nationalization nationalization or expropriation (hereinafter referred to as "expropriation") in the territory of the other Contracting Party except for reasons of public interest under due process of law, on a non-discriminatory basis basis, and provided that it is accompanied by prompt, adequate and effective compensation. (2) Such compensation shall shall. amount to the market value of the investment expropriated immediately before expropriation was taken or before impending expropriation became Public public knowledge, which ever whichever is the earlier earlier, shall include interest at the applicable commercial rate, and shall be made without undue delay, be effectively realizable and be freely transferable. (3) The investor of the Contracting Party shall have a right to a prompt review by a judicial or other independent authority body of the other Contracting Party, of his or its case and of the valuation of his or its investments in accordance with the principles set out in this Article.