Common use of Principle of Subrogation Clause in Contracts

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

Principle of Subrogation. If either Contracting Party or its designated agency makes payment to one of its investors under any financial guarantee against non-commercial risks it has granted in regard of an investment in the territory of the other Contracting Party, the latter shall shall, without prejudice to the rights of the former Contracting Party under Article 10, recognize, by virtue of the principle of subrogation, the assignment of any right of title of that investor to the first Contracting Party or its designated agency. The other Contracting Party shall be entitled to set off taxes and other public charges due and payable by the investor.

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

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

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

Principle of Subrogation. If either a Contracting Party or its designated agency makes a payment to under an indemnity, guarantee or contract of insurance given in respect of an investment of one of its investors under any financial guarantee against non-commercial risks it has granted in regard of an investment in the territory of the other Contracting Party, the latter shall recognize, by virtue of the principle of subrogation, recognize the assignment of any right or claim of title of that such investor to the first former Contracting Party or its designated agency. The other agency and the right of the former Contracting Party shall be entitled or its designated agency to set off taxes exercise by virtue of subrogation any such right and other public charges due and payable by claim to the investorsame extent as its predecessor in title.

Principle of Subrogation. If either of the Contracting Party Parties or its designated agency makes payment pays an amount to one of its his investors under any financial guarantee against non-commercial risks that it has granted in regard of connection with an investment in the territory of the other Contracting Party, the latter shall aforementioned contracting party must finally recognize, by virtue of based on the principle of subrogationsubstitution of the investor, the assignment of any ownership right of title of that by the investor to the first aforementioned Contracting Party or its designated agency. The other aforementioned Contracting Party shall be entitled has the right to set set-off taxes and other public charges expenses due and payable by the investor.

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

Principle of Subrogation. If either Contracting Party party or its designated agency makes payment to one of its investors under any financial guarantee against non-commercial risks it has granted in regard of an investment in the territory of the other Contracting Party, the latter shall recognize, by virtue of the principle of subrogation, the assignment of any right of or title of that investor to the first Contracting Party party or its designated agency. The other Contracting Party shall be entitled to set off taxes and other public charges due and payable by the investor.. Article 9 Disputes between a Contracting Party and an investor of the other Contracting Party