Common use of Principle of Subrogation Clause in Contracts

Principle of Subrogation. If one Contracting Party pays an indemnity to one of its investors in relation with an investment in the territory of the other Contracting Party under a guarantee against non-commercial risks, the latter Contracting Party shall recognize the subrogation of the former in the rights or titles of the investor.

Principle of Subrogation. If one Contracting Party pays or its designated Agency makes a payment under an indemnity to one given in respect of its investors in relation with an investment in the territory of the other Contracting Party under a guarantee against non-commercial risksParty, the latter Contracting Party shall recognize recognise the subrogation assignment to the former Contracting Party or its designated Agency by law or by legal transaction of all the rights and claims of the indemnified investor and that the former in Contracting Party is entitled to exercise such rights and enforce such claims by virtue of subrogation, to the rights or titles of the same extent as that investor.

Principle of Subrogation. If one either Contracting Party pays an indemnity or its designated agency makes a payment to one of its investors under any financial guarantee against non-commercial risks it has granted in relation with regard of an investment in the State territory of the other Contracting Party under a guarantee against non-commercial risksParty, the latter shall recognize, by virtue of the principle of subrogation, the assignment of any right or title of that investor to the first Contracting Party or its designated agency. Hie other Contracting Party shall recognize the subrogation of the former in the rights or titles of be entitled to set off taxes and other public charges due and payable by the investor.

Principle of Subrogation. If one either Contracting Party pays an indemnity or its designated Agency makes payment to one of its investors under any financial guarantee against non-commercial risks it has granted in relation with regard of an investment in the territory of the other Contracting Party under a guarantee against non-commercial risksParty, the latter shall recognize, by virtue of the principle of subrogation, the assignment of any right or title of that investor to the first Contracting Party or to its designated agency. The other Contracting Party shall recognize the subrogation of the former in the rights or titles of be entitled to set off taxes and other public charges due and payable by the investor.

Principle of Subrogation. If one either Contracting Party pays an indemnity or its designated agency makes a payment to one of its investors under any financial guarantee against non-commercial risks it has granted in relation with regard of an investment in the territory of the other Contracting Party under a guarantee against non-commercial risksParty, the latter shall recognize, by virtue of the principle of subrogation , the assignment of any right or title of that investor to the first Contracting Party or its designated agency. The other Contracting Party shall recognize the subrogation of the former in the rights or titles of be entitled to set off taxes and other public charges due and payable by the investor.

Principle of Subrogation. If one either Contracting Party pays an indemnity or its designated agency makes a payment to one of its investors under any financial guarantee against non-commercial risks it has granted in relation with regard of an investment in the State territory of the other Contracting Party under a guarantee against non-commercial risksParty, the latter shall recognize, by virtue of the principle of subrogation, the assignment of any right or title of that investor to the first Contracting Party or its designated agency. The other Contracting Party shall recognize the subrogation of the former in the rights or titles of be entitled to set off taxes and other public charges due and payable by the investor.

Principle of Subrogation. If Where one Contracting Party pays receives a payment under the terms of an indemnity insurance or of a guarantee against non-commercial risks in regard to one of its investors in relation with an investment in the territory of the other Contracting Party under a guarantee against non-commercial risksParty, the latter Contracting Party shall recognize the subrogation of the former in payer to the rights or titles of the investor.

Principle of Subrogation. If one a Contracting Party pays an indemnity to one of its investors in relation with an investment in the territory of the other Contracting Party or a legal person governed by public or private law duly authorised by it provides, under a guarantee against non-commercial risks, compensation to one of its investors for an investment made in the territory of the other contracting party, the latter Contracting Party shall recognize the subrogation of the former first Contracting Party or of a person duly authorised by the Commission in all the rights or titles of the investorinvestor under this Agreement.

Principle of Subrogation. If one an investor of a Contracting Party pays receives payment, pursuant to an indemnity to one of its investors in relation with an investment in the territory of the other Contracting Party under a guarantee insurance contract against non-commercial risks, from an insurer constituted or organised under the latter law of that Contracting Party, the other Contracting Party shall recognize the subrogation assignment of any right or claim of the former in investor to the rights or titles insurer, and the right of the investorinsurer to exercise such right or claim by virtue of subrogation to the same extent as the predecessor in title.

Principle of Subrogation. If one either Contracting Party pays an indemnity party or its designated agency makes payment to one of its investors under any financial guarantee against non-commercial risks it has granted in relation with regard of an investment in the territory of the other Contracting Party under a guarantee against non-commercial risksParty, the latter shall recognize, by virtue of the principle of subrogation, the assignment of any right or title of that investor to the first Contracting party or its designated agency. The other Contracting Party shall recognize the subrogation of the former in the rights or titles of be entitled to set off taxes and other public charges due and payable by the investor.