Common use of Principle of Subrogation Clause in Contracts

Principle of Subrogation. If a Contracting Party makes a payment to a national or company pursuant to a guarantee it has granted in respect to an investment in the territory of the other Contracting Party, the latter Contracting Party shall recognize the assignment of any right or title of such national or company to the former Contracting Party and the subrogation of the former Contracting Party to any such right or title.

Principle of Subrogation. If a Contracting Party or a body designated by it makes a payment to a national or company pursuant to a guarantee it has granted in respect to by way of compensation for an investment made in the territory of the other Contracting Party, the latter Contracting Party shall recognize the assignment of any right or title of such national or company to the former first Contracting Party or to the body designated by it, by virtue of law or contract, of all the rights and claims of the compensated investor and the subrogation right of the former first Contracting Party or the body designated by it to any exercise such right or titlerights and claims by way of subrogation, to the same extent as the investor.

Principle of Subrogation. If a Contracting Party or its designated agency makes a payment to a national or company pursuant to a guarantee it has granted in respect to of an investment in the territory of the other Contracting Partycontracting party, the latter Contracting Party shall recognize the first assignment of any right or title of such national or company to the former Contracting Party contracting party or its designated agency by law or pursuant to a contract of all rights and claims of indemnified the investor and the subrogation right of the former Contracting Party or its designated agency to any exercise such right or titlerights and enforce such claims by virtue of subrogation to the same extent as the investor.

Principle of Subrogation. 1. If a Contracting Party or any agency thereof makes a payment to a national or company pursuant to any of its investors under a guarantee it has granted or insurance in respect to an investment investment, the other Contracting Party shall recognize the validity of the subrogation in favor of the former Contracting Party or agency thereof to any right or xxxxxx held by the investor, provided that that investor has exhausted the legal and administrative means for settlement of disputes in the territory of the other host Contracting Party. 2. In the case of subrogation as defined in paragraph 1 above, the latter investor shall not pursue a claim unless authorized to do so by the Contracting Party shall recognize the assignment of or any right or title of such national or company to the former Contracting Party and the subrogation of the former Contracting Party to any such right or titleagency thereof.

Principle of Subrogation. If a Contracting Party or its designated agency makes a payment to a national or company pursuant to a guarantee it has granted in respect to of an investment in the territory of the other Contracting Party, the latter Contracting Party shall recognize the first assignment of any right or title of such national or company to the former Contracting Party or its designated agency by law or pursuant to a contract of all rights and claims of indemnified the investor and the subrogation right of the former Contracting Party or its designated agency to any exercise such right or titlerights and enforce such claims by virtue of subrogation to the same extent as the investor.

Principle of Subrogation. If a Contracting Party or a body designated by it makes a payment to a national or company pursuant to a guarantee it has granted in respect to by way of compensation for an investment made in the territory of the other Contracting Party, the latter Contracting Party shall recognize the assignment of any right or title of such national or company to the former first Contracting Party or to the body designated by it, by law or by contract, of all the rights and claims of the compensated investor and the subrogation right of the former first Contracting Party or the body designated by it to any exercise such right or titlerights and claims by way of subrogation, to the same extent as the investor.