Common use of Nationalization and Expropriation Clause in Contracts

Nationalization and Expropriation. 1. Nationalization, expropriation or any other measure with similar characteristics or effects (hereinafter "expropriation") which may be taken by the authorities of a Contracting Party against investments in its territory of investors of the other Contracting Party shall be applied exclusively for reasons of public utility or social interest, in accordance with the provisions of law, shall in no case be discriminatory and shall be accompanied by the payment to the investor or his successor in title of prompt, adequate and effective compensation.

Nationalization and Expropriation. 1. Nationalization, The expropriation or nationalization or any other measure with measures having similar characteristics or effects (hereinafter "expropriation") which that may be taken by the authorities of a one Contracting Party against investments in its territory against investments of investors of the other Contracting Party Party, shall be applied exclusively only for reasons of public utility or social interest, in accordance with the provisions of lawlaws, shall in no case shall be non-discriminatory and shall be accompanied by the upon payment of compensation to the investor or his its successor or legal successor in title accordance with paragraphs 2 and 3 of prompt, adequate this artículo.párrafos 2 and effective compensation3 of this article.

Nationalization and Expropriation. 1. Nationalization, expropriation expropriation, or any other measure with similar having equivalent characteristics or effects (hereinafter "expropriation") which that may be taken adopted by the authorities of a one Contracting Party against or a political subdivision thereof in respect of investments made in its territory of by investors of the other Contracting Party shall be applied exclusively for reasons restricted to Cases of utility, necessity or public utility or social interestinterest and shall be taken in a non-discriminatory manner, in accordance with the legal provisions of law, shall the Contracting Party in no case be discriminatory whose territory the investment was made and shall be accompanied by the payment to the investor or his successor in title of prompt, adequate with fair and effective prompt compensation.

Nationalization and Expropriation. 1. Nationalization, expropriation or any other measure with similar characteristics or effects (hereinafter referred to as "expropriation") which may be taken by the authorities of a Contracting Party against investments made in its territory of by investors of the other Contracting Party shall may be applied exclusively for reasons of only in the public utility or social interest, in accordance with the provisions of law, shall in no case be a non-discriminatory manner and shall be accompanied by the payment to the investor or his successor in title of prompt, adequate and effective compensationcompensation to the investor or the investor's successor in title.