Common use of Where a Contracting Party Clause in Contracts

Where a Contracting Party. expropriates the assets of a company established in its territory, the company in which investors of the other Contracting Party own shares, the former Contracting Party shall apply the provisions of paragraphs 1, 2, and 3 of this Article, to the investors of the other Contracting Party who own these shares.

Where a Contracting Party. expropriates the assets of a company established in its territory, the company in which investors of the other Contracting Party own shares, the former Contracting Party shall apply the provisions of paragraphs 1, 2, and 3 of this Article, to the investors of the other Contracting Party who own these shares.paragraphs 1, 2, and 3 of this Article, to the investors of the other Contracting Party who own these shares.

Where a Contracting Party. expropriates the assets of a company established in which is incorporated or constituted under its territory, the company laws and regulations and in which investors of the other Contracting Party participate or own shares, the former Contracting Party shall apply ensure that the provisions of paragraphs (1, ) and (2, and 3 ) of this Article, Article are applied to the extent necessary to guarantee the compensation referred to in those paragraphs to such investors in respect of the other Contracting Party who own these sharestheir investment.