Common use of Nationalization and Expropriation Clause in Contracts

Nationalization and Expropriation. 1. The expropriation or nationalization or any other measures having similar effects (hereinafter expropriation) that may be taken by the authorities of one Contracting Party in its territory against investments of investors of the other Contracting Party, shall be applied only for reasons of public interest, in accordance with the laws, in no case shall be non-discriminatory and upon payment of compensation to the investor or its successor or legal successor in accordance with paragraphs 2 and 3 of this artículo.párrafos 2 and 3 of this article.

Nationalization and Expropriation. 1. The Nationalization, expropriation or nationalization or any other measures having measure with similar characteristics or effects (hereinafter "expropriation") that which may be taken by the authorities of one a Contracting Party against investments in its territory against investments of investors of the other Contracting Party, Party shall be applied only exclusively for reasons of public utility or social interest, in accordance with the lawsprovisions of law, shall in no case be discriminatory and shall be non-discriminatory and upon accompanied by the payment of compensation to the investor or its successor or legal his successor in accordance with paragraphs 2 title of prompt, adequate and 3 of this artículo.párrafos 2 and 3 of this articleeffective compensation.

Nationalization and Expropriation. 1. The Nationalization, expropriation or nationalization or any other measures having measure with similar characteristics or effects (hereinafter referred to as "expropriation") that may be taken by the authorities of one a Contracting Party against investments made in its territory against investments of by investors of the other Contracting Party, shall Party may be applied only for reasons of in the public interest, in accordance with the lawslaw, in no case shall be a non-discriminatory manner and upon accompanied by the payment of prompt, adequate and effective compensation to the investor or its successor or legal the investor's successor in accordance with paragraphs 2 and 3 of this artículo.párrafos 2 and 3 of this articletitle.

Nationalization and Expropriation. 1. The expropriation or nationalization Nationalization, expropriation, or any other measures measure having similar equivalent characteristics or effects (hereinafter expropriation) that may be taken adopted by the authorities of one Contracting Party or a political subdivision thereof in respect of investments made in its territory against investments of by investors of the other Contracting Party, Party shall be applied only for reasons restricted to Cases of utility, necessity or public interestinterest and shall be taken in a non-discriminatory manner, in accordance with the laws, legal provisions of the Contracting Party in no case shall be non-discriminatory whose territory the investment was made and upon payment of compensation to the investor or its successor or legal successor in accordance with paragraphs 2 fair and 3 of this artículo.párrafos 2 and 3 of this articleprompt compensation.