Common use of Nationalization or Expropriation Clause in Contracts

Nationalization or Expropriation. 1 – a Investments of either Contracting Party or its natural or legal persons shall not be subject to sequestration, expropriation, or any similar measures except by a decision from the relevant court based on the applicable laws.

Appears in 2 contracts

Samples: Agreement, Agreement

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Nationalization or Expropriation. 1 – a 1. Investments of either Contracting Party or its natural or legal juridical persons shall not be subject to sequestration, expropriation, confiscation or any an similar measures except by a decision from and shall enjoy full and complete protection and safety in the relevant court based on territory of the applicable lawsother Contracting Party.

Appears in 1 contract

Samples: Agreement

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Nationalization or Expropriation. 1 – a 1. Investments of investors of either Contracting Party or its natural or legal persons shall not be subject nationalized, expropriated or subjected to sequestration, expropriationany measures having an equivalent effect in the territory of the other Contracting Party except for any non discriminatory measure of general application which Governments normally take for the purpose of regulating economic activity in their territories, or any similar measures except public purpose authorized by laws of that Party on a decision from non discriminatory basis, handed down by the relevant court based on the applicable lawscompetent authorities, and against compensation which shall be expeditious, full and effectively realizable without undue delay, and shall be freely convertible and transferable.

Appears in 1 contract

Samples: Agreement

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