Common use of Nationalization and Expropriation Clause in Contracts

Nationalization and Expropriation. 1. In accordance with this Agreement, it is prohibited for each Contracting Party to subject the investments of one of the Parties, or the investments of their nationals established in the territory of either Party, to procedures for restricting the right of ownership or to derive interest from such investments on a permanent or temporary basis except within the limits of the regulations in force or following a judgment given by the competent court.

Nationalization and Expropriation. 1. In accordance with this Agreement, it is prohibited for each Each Contracting Party undertakes not to subject take measures limiting, for a fixed or indefinite period, the rights of ownership, possession or enjoyment of investments of one made in its territory by investors of the Parties, or the investments of their nationals established in the territory of either other Contracting Party, subject to procedures for restricting the right specific provisions of ownership law, Judgments or to derive interest from such investments on a permanent or temporary basis except within the limits orders of the regulations in force competent judicial authorities or following other non-discriminatory provisions of a judgment given by general nature intended to regulate the competent courteconomic activities.