Common use of Principle of Subrogation Clause in Contracts

Principle of Subrogation. (1) If a Contracting Party or its designated agency (hereinafter Referred to as the "Indemnifying Party") shall pay for Indemnification or guarantee given in respect of Investor Investment (hereinafter referred to as "Receiving compensation Part y. ") in the territory of the other Contracting Party (hereinafter Referred to as the "Host Party"), the Host Party shall recognize:

Principle of Subrogation. 1. (1a) If a Contracting Party or its designated relevant agency (hereinafter Referred the “Guarantor Party”) makes a payment under an insurance or security relating to as the "Indemnifying Party") shall pay for Indemnification or guarantee given in respect of Investor Investment (hereinafter referred to as "Receiving compensation Part y. ") an investment in the territory of the other Contracting Party (hereinafter Referred to as the "“Host Party"”), the Host Party shall recognize: