Common use of Subrogation Clause in Contracts

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes payment to its own investors by virtue of a payment under an indemnity, guarantee or contract of insurance given against non- commercial risks it has accorded in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise the recognize: a) The assignment of any right or claim of such the investor to in respect of the former first Contracting Party or its designated agency agency, and also, b) That the right of the former first that Contracting Party or its designated agency to exercise agency, is entitled by virtue of subrogation any such right to exercise the rights and claim that claims of investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor in the territory of the other Contracting Partyinvestments, the latter Contracting Party shall recognise recognize: a) The assignment, whether under the assignment law or pursuant to a legal transaction in that State, of any right or claim of such investor from investors to the former Contracting Party or its designated agency and the right of agency; and b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim to enforce the same extent as its predecessor in titleclaims of those investors.

Subrogation. If a one Contracting Party or its designated agency makes payment to its own investors under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right or claim of such by the investor to the former Contracting Party or its designated agency and the right of Party, as well as (b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in title.investment

Subrogation. If a Contracting Party makes payment to its own nationals or its designated agency makes companies under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right or claim of such by the investor to the former Contracting Party or its designated agency and the right of Party, as well as (b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes a payment to any of its own investors under an indemnity, a guarantee or contract of insurance given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise shall, without prejudice to the assignment rights of any right or claim the Contracting Party in accordance with Article (7), recognize the transfer of such rights of that investor to the former Contracting Party or its designated agency and agency, the right subrogation of the former Contracting Party or its designated agency in respect of these rights and shall not have the right to exercise by virtue of subrogation any such right and claim to that the same extent as its predecessor in titleinvestor does not have.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right whether under the law or claim of such investor pursuant to the legal transaction in that country to the former Contracting Party or its designated agency of all the rights and claims of the right of indemnified investor, and shall also recognise that the former Contracting Party or its designated agency is entitled to exercise such rights and enforce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe original investor.

Subrogation. If a Contracting Party or any of its designated related agency makes a payment to an investor under an indemnity, guarantee or contract of insurance given a system established by law against non-commercial risks in respect of an investment of an made by their investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment transfer of any right or rights as claim of such from the investor to the former Contracting Party or any of its designated agency and the right of the former Contracting Party or its designated related agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance given in respect of an investment of by an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize without prejudice to the rights of the investor under Chapter Two Part One of this Agreement the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right assignment, whether by law or claim of such investor by legal transaction, to the former Contracting Party of all the rights and claims of the indemnified investor, and shall recognize that the former Party or its designated agency and the right of the former Contracting Party or its designated agency is entitled to exercise such rights and en force such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe original investor.

Subrogation. If a Contracting one contracting Party or its designated agency makes a payment to its investor under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim all the rights and claims of such the indemnified investor to the former Contracting Party or its designated agency agency, by law or by legal transactions, and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titlethe investor.

Subrogation. If a Contracting Party or its designated agency Agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right assignment, whether by law or claim of such investor by legal transaction, to the former Contracting Party of all the rights and claims of the indemnified investor, and shall recognize that the former Party or its designated designate agency and the right of the former Contracting Party or its designated agency is entitled to exercise such rights and enforce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe original investor.

Subrogation. If a Contracting Party or its designated agency Agency makes payment to an investor under a payment under an indemnity, guarantee or contract of insurance given in respect of it has granted to an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment transfer of any right or claim of such investor to the former Contracting Party or its designated agency Agency and recognise the right subrogation of the former Contracting Party or its designated agency Agency to exercise by virtue of subrogation any such a right and or claim to the same extent as its predecessor in title. It shall enforce the claims of that investor and Assume the obligations related to that investment. The subrogated right or claim shall not be greater than the original right or claim of the said investor.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance against non-commercial risks given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a one Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction, of any right or claim of such by the investor to the former Contracting Party or to its designated agency and (b) That the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim to enforce the same extent as its predecessor in titleclaims of that investor.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance given in respect re- spect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such an investor to the former Contracting Party or its designated agency agency, and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory area of the other Contracting Party, the latter Contracting Party shall recognise recognise: (a) the assignment assignment, whether under the law or pursuant to a legal transaction in its area, of any right or claim of such investor from the investors to the former Contracting Party or its designated agency and the right of agency; and (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of those investors and shall assume the obligations relating to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance given in respect of an investment of by an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise without prejudice to the rights of the investor under Chapter Two Part One of this Agreement the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a one Contracting Party or its designated agency agency, makes a payment to one of its own investors under an indemnity, a guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter other Contracting Party shall recognise recognize the assignment of any right by law or claim of such investor to the former Contracting Party or its designated agency and the right by legal process, in respect of the former Contracting Party first party, all the rights and claims of the investor indemnified. It shall also recognise that the party or its designated the agency representing it is entitled to exercise such rights and enforce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe investor.

Subrogation. If a one Contracting Party or its designated agency makes a payment to its investor under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim all the rights and claims of such the indemnified investor to the former Contracting Party or its designated agency agency, by law or by legal transactions, and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titlethe investor.

Subrogation. If a one Contracting Party or its designated agency Agency makes a payment to an investor under an indemnity, guarantee or contract of insurance given in respect of it has granted to an investment of an such investor in the territory of the other Contracting Party, the latter such other Contracting Party shall recognise recognize the assignment of any the right or claim of such investor to the former Contracting Party or its designated agency Agency and recognize the right subrogation of the former Contracting Party or its designated agency Agency to exercise by virtue of subrogation any such right and or claim. The subrogated right or claim to shall not be greater than the same extent as its predecessor in titleoriginal right or claim of the said investor.

Subrogation. If a one Contracting Party or its designated agency makes a payment to its investor under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim all the rights and claims of such the indemnified investor to the former Contracting Party or its designated agency agency, by law and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titlethe investor.

Subrogation. If a Contracting Party or its designated agency makes effects a payment under an indemnity, guarantee or contract of insurance any financial security against non-commercial risks given in respect of an investment of by an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim of such investor to the former Contracting Party or its designated agency agency, and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim or claim, to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes a payment to its investor under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment to the first Contracting Party of any all rights and claims of the investor. The subrogated right or claim shall not be greater than the original right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titleinvestor.

Subrogation. If a one Contracting Party or its designated agency makes a payment to its investor under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim all the rights and claims of such the indemnified investor to the former Contracting Party or its designated agency agency, by law or by legal transactions, and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titlethe investor.

Subrogation. If a The Contracting Party or its designated an agency makes duly authorized by it which has made a payment under an indemnity, to the investor on the basis of a guarantee or contract of insurance given against non-commercial risks in respect of an investment of an investor in connection with its investments on the territory of the other Contracting PartyParty , shall be entitled to exercise by way of subrogation, the investor's rights in the same scope as the investor itself. Such rights shall be exercised in accordance with the legislation of the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titleParty.

Subrogation. If a Contracting Party or its designated agency Agency makes payment to an investor under a payment under an indemnity, guarantee or contract of insurance given in respect of it has granted to an investment of an such investor in the territory of the other Contracting Party, the latter such other Contracting Party shall recognise recognize the assignment transfer of any right rights or claim of such investor to the former Contracting Party or its designated agency Agency and recognize the right subrogation of the former Contracting Party or its designated agency Agency to exercise by virtue of subrogation any such right and or claim. The subrogated right or claim to shall not be greater than the same extent as its predecessor in titleoriginal right or claim of the said investor.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance of non commercial risks given in respect of an investment Investment of an investor in the territory of the other Contracting Party, the latter other Contracting Party shall recognise recognize: a. the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and agency, and b. the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a In case one Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance against non-commercial risks given in respect of an investment made by any of an investor its investors in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former first Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor in the territory of the other Contracting Partyinvestments, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, whether under the law or pursuant to a legal transaction in that State, of any right rights or claim of such investor claims from investors to the former Contracting Party or its designated agency and the right of agency; and (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim to enforce the same extent as its predecessor in titleclaims of those investors.

Subrogation. If a Contracting Party or its designated agency Agency makes a payment under an indemnity, a guarantee or contract of insurance given it has issued against non-commercial risks in respect of relation to an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party Latter shall recognise recognize the assignment transfer of any right or claim rights of such claims of the investor to the former Contracting Party or its designated agency and the right Agency, by virtue of the former principle of subrogation. The subrogated rights or claims shall not be greater than the original rights or claims of the investor. The first Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim Agency shall also assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency body makes a payment under an indemnity, the guarantee or non-commercial risk insurance contract of insurance given in respect of an investment of for the investments made by an investor in the territory of the other Contracting Party's State, the latter Contracting Party shall recognise the recognize assignment of any all investor's right or claim of such investor to the former Contracting Party or its designated agency body and the right of the former Contracting Party or its designated agency body to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titlepredecessor.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in its territory, of any right or claim of such investor by investors to the former Contracting Party or its designated agency and the right of agency; as well as (b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of the investors and shall assume the obligations related to the same extent as its predecessor in titleinvestments.

Subrogation. If a Contracting Party or its designated agency makes a payment to its investor under an indemnity, guarantee or contract of insurance indemnity covering noncommercial risk given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise shall, without prejudice to the rights of the former Contracting Party under Article 9, recognize the assignment of any right or claim of such investor to the former Contracting Party or its designated agency of all rights and the right claims of the former investor which that Contracting Party or its designated agency shall be entitled to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titlethe Party indemnified.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investor under an indemnity, guarantee or contract of insurance against non-commercial risks, given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, to its own investors due to a guarantee or contract of insurance given in respect of that has been data for an investment of an investor made in the territory of the other Contracting Party, this the latter must recognize the transfer to the territory of the first Contracting Party shall recognise of all rights and claims of the assignment of any right or claim of such investor to indemnified investors and recognize that the former first Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency is entitled to exercise by virtue of subrogation any such right the above rights mentioned and claim to the same extent assert its claims under subrogation, everything as its predecessor in titlesaid investors would have been.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or of contract of insurance given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim of such investor to the former Contracting Party or of its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a one Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: a. The assignment, whether under the assignment law or pursuant to a legal transaction, of any right or claim of such by the investor to the former Contracting Party or to its designated agency and b. That the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims to the same extent as its predecessor in titlethose of that investor.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance against non-commercial risks given in respect of an investment of by an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right assignment, whether by law or claim of such investor by legal transaction, to the former Contracting Party of all the rights and claims of the indemnified investor, and shall recognize that the ▇▇▇▇▇▇ Party or its designated agency and the right of the former Contracting Party or its designated agency is entitled to exercise such rights and enforce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe original investor.

Subrogation. If a one Contracting Party or its designated agency makes a payment to its own investors under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, whether under the law or pursuant to a legal transaction in that Contracting Party, of any right rights or claim of such investor claims from investors to the former Contracting Party or its designated agency and the right of agency, and (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim to enforce the same extent as its predecessor in titleclaims of those investors.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim of such an investor to the former Contracting Party or its designated agency agency, and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, whether under the law or pursuant to a legal transaction in that country, of any right or claim of such by the investor to the former Contracting Party or its designated agency and the right of agency; as well as (b) that the former Contracting Party or its designated agency to exercise is entitled, by virtue of subrogation any such right subrogation, to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes payment to its own investors under a payment under an indemnity, guarantee or contract of insurance given against non commercial risks it has accorded in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, whether under the law or pursuant to a legal transaction in that country, of any right or claim of such from the investor to the former Contracting Party or its designated agency and the right of agency, as well as; (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that investor and assumes the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, a guarantee or contract of insurance given in respect of an investment of by an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize without prejudice to the rights of the investor under Chapter Two Part One the assignment of any right or claim of such an investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, whether under the law or pursuant to a legal transaction, of any right rights or claim of such investor claims from investors to the former Contracting Party or its designated agency and the right of agency; and (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim to enforce the same extent as its predecessor in titleclaims of those investors.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given against non-commercial risks it has accorded in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right rights or claim of such claims from the investor to the former Contracting Party or its designated agency and the right of agency; and (b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any to exercise such right claims of that investor and claim shall assume the obligation related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given against non- commercial risks it has accorded in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize; (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right rights or claim of such claims from the investor to the former Contracting Party or its designated agency and the right of agency, and (b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any to exercise such right claims of that investor and claim shall assume the obligation related to the same extent as its predecessor in titleinvestment.

Subrogation. If a one Contracting Party or its designated agency Agency makes a payment under an indemnity, guarantee or contract of insurance against non-commercial risks given in respect of an investment made by any of an investor its investors in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former Contracting Party or its designated agency Agency and the right of the former Contracting Party or its designated agency Agency to exercise exercise, by virtue of subrogation subrogation, any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency Agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right assignment, whether by law or claim of such investor by legal transaction, to the former Contracting Party of a=l the rights and claims of the indemnified investor, and shall recognize that the former Party or its designated designate agency and the right of the former Contracting Party or its designated agency is entitled to exercise such rights and enforce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in title.the original investor. THE REPUfiLTC OS' UGANDA

Subrogation. If a Contracting Party or its designated agency makes made payment to an investor based on a payment under an indemnity, guarantee or contract of insurance given protection from non- commercial risks in respect of relation to an investment of an investor in the territory of the other Contracting Party, the latter such other Contracting Party shall recognise recognize the assignment acquirement of any right or claim the rights of such investor to by the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to subrogation, Such rights shall be exercised in accordance with the same extent as its predecessor in titlelegislation of the latter Contracting Party.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, a guarantee or contract of insurance against non-commercial risks given in respect of an investment of by an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize without prejudice to the rights of the investor under Chapter Two Part One the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a one Contracting Party or its designated agency makes payment to its own investors under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, whether under the law or pursuant to a legal transaction in that country, of any right or claim of such by the investor to the former Contracting Party or its designated agency and the right of Party, as well as (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given against non-commercial risks it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter host Party shall, without prejudice to the rights of the former Contracting Party under Article 10 of this Agreement, recognize the assignment, whether under a law or pursuant to a legal transaction to the former Contracting Party of all the rights and claims resulting from such an investment, and shall recognise the assignment of any right or claim of such investor to recognize that the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency is entitled to exercise by virtue of subrogation any such right rights and claim enforce such claims to the same extent as its predecessor in titlethe original investor.

Subrogation. If a one Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognise: a) The assignment, whether under the assignment law or pursuant to a legal transaction, of any right or claim of such by the investor to the former Contracting Party or to its designated agency and b) That the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim to enforce the same extent as its predecessor in titleclaims of that investor.

Subrogation. If a Contracting Party or its designated agency Agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment assignment, whether by law or by legal transaction, to the former Contracting Party of any right or claim all the rights and claims of such investor to the indemnified investor, and shall recognize that the former Contracting Party or its designated designate agency and the right of the former Contracting Party or its designated agency is entitled to exercise such rights and enforce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe original investor.

Subrogation. If a Contracting Party makes payment to its own nationals or its designated agency makes companies under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right or claim of such investor by the national or company to the former Contracting Party or its designated agency and the right of Party, as well as (b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that national or company and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a one Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction, of any right or claim of such from the investor to the former Contracting Party or to its designated agency, and (b) That the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim to enforce the same extent as its predecessor in titleclaims of that investor.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given against non- commercial risks it has accorded in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party Party' shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right rights or claim of such claims from the investor to the former Contracting Party or its designated agency and the right of agency, and (b) That the former Contracting Party or its designated agency is entitled by virtue, of subrogation to exercise by virtue such claims of subrogation any such right that investor and claim shall assume the obligation related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes a payment under to its investor an indemnity, guarantee or contract of insurance against noncommercial risks given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former Contracting Party or its designated agency of all rights and claims of the investor and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a one Contracting Party or its designated agency Agency makes a payment to its investor under an indemnity, insurance or guarantee or contract of insurance given in it has contracted with respect of to an investment of an investor in the territory of the other Contracting PartyParty against non- commercial risks, the latter Contracting Party shall recognise recognize the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right subrogation of the former Contracting Party or its designated agency Agency to all the rights and claims of the investor and that the former Contracting Party or its designated Agency is entitled to exercise by virtue of subrogation any such right rights and claim enforce such claims to the same extent as its predecessor in titleextent.

Subrogation. If a either Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance against non-commercial risks given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency Agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right assignment, whether by law or claim of such investor by legal transaction, to the former Contracting Party of all the rights and claims of the indemnified investor, and shall recognize that the former Party or its designated designate agency and the right of the former Contracting Party or its designated agency is entitled to exercise such rights and to enforce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe original investor.

Subrogation. If a either Contracting Party or its designated agency makes a payment to one of its investors under an indemnity, any financial guarantee or contract of insurance given against non-commercial risks it has granted in respect regard of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise by virtue of subrogation, the assignment of any right or claim of such that investor to the former first Contracting Party or its designated agency and agency, without prejudice to the right rights of the former Contracting Party or its designated agency to exercise by virtue investor under Article 9 of subrogation any such right and claim to the same extent as its predecessor in titlethis Agreement.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor in the territory of the other Contracting Partyinvestments, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that State, of any right rights or claim of such investor claims from investors to the former Contracting Party or its designated agency and the right of agency; and (b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim to enforce the same extent as its predecessor in titleclaims of those investors.

Subrogation. If a one Contracting Party or its designated agency makes payment to its own investors under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, Party the latter Contracting Party shall recognise recognize:- (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that state of any right or claim of such by the investor to the former Contracting Party or to its designated agency as well as, (b) That the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or makes payment to its designated agency makes own investors under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or. pursuant to a legal transaction in that country, of any right or claim of such by the investor to the former Contracting Party or its designated agency and the right of Party, as well as, (b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of the investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes payment to its own investors under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Partyinvestment, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, whether under the law or pursuant to a legal transaction in that country, of any right or claim of such from the investor to the former Contracting Party or its designated agency and the right of agency, as well as; (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency Agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment to the former Contracting Party of any right or claim all the rights and Claims of such investor to the indemnified investor, and shall also recognize that the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency Agency is entitled to exercise such rights and enforce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe original investor.

Subrogation. (1) If a Contracting Party or makes payment to its designated agency makes own investors under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, whether under the law or pursuant to a legal transaction in that country, of any right or claim of such by the investor to the former Contracting Party, as well as (b) that the former Contracting Party is entitled by virtue of subrogation to exercise the rights and enforce the claims of the investor and shall assume the obligations related to the investment, including taxes or other public charges due and payable from the investor. (2) In the case the Contracting Party which has made the payment to its designated agency investor takes over all rights and claims of the right investor, then the investor shall not pursue these rights and claims against the other Contracting Party, unless he is authorized to do so on behalf of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.Party

Subrogation. If a Contracting Party or its designated agency makes payment to its own investors under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right or claim of such by the investor to the former Contracting Party or its designated agency and the right of agency, as well as, b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in titleinvestments.

Subrogation. If a The Contracting Party or its designated an agency makes duly authorized by it which has made a payment under an indemnity, to the investor on the basis of a guarantee or contract of insurance given against non-commercial risks in respect of an investment of an investor in connection with its investments on the territory of the other Contracting Party, shall be entitled to exercise by way of subrogation, the investor's rights in the same scope as the investor itself. Such rights shall be exercised in accordance with the legislation of the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titleParty.

Subrogation. If a Contracting Party or its designated agency makes payment to one of its own investors under a payment under an indemnity, guarantee or contract of insurance against non-commercial risk given in respect of an connection with investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment transfer of any right or claim of belonging to such investor to the former first Contracting Party or its designated agency and the right of the former first Contracting Party or its designated agency to exercise by virtue of subrogation any such right and or claim to an amount not exceeding the same extent as its predecessor in titleright of the transfer.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, whether under the law or pursuant to a legal transaction in its territory, of any right or claim of such investor by investors to the former Contracting Party or its designated agency and the right of agency; as well as (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of the investors and shall assume the obligations related to the same extent as its predecessor in titleinvestments.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance against non-commercial risks given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. ‌ If a one Contracting Party or its designated agency makes a payment to its investor under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or claim all the rights and claims of such the indemnified investor to the former Contracting Party or its designated agency agency, by law and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titlethe investor.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given against non- commercial risks it has accorded in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: a. The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right rights or claim of such claims from the investor to the former Contracting Party or its designated agency and the right of agency; and b. That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any to exercise such right claims',of that investor and claim shall assume the obligation related to the same extent as its predecessor in titleinvestment.

Subrogation. If a one Contracting Party or its designated agency makes a payment to its investor under an indemnity, guarantee or contract of insurance against a non-commercial risk given in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim all the rights and claims of such the indemnified investor to the former Contracting Party or its designated agency agency, by law or by legal transaction, and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titlethe investor.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right or claim of such by the investor to the former Contracting Party or its designated agency and the right of agency; as well as (b) That the former Contracting Party or its designated agency to exercise is entitled, by virtue of subrogation any such right subrogation, to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes payment to one of its own investors under a payment under an indemnity, guarantee or contract of insurance given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment transfer of any right or claim of belonging such investor to the former first Contracting Party party or its designated agency and the right of the former first Contracting Party party or its designated agency to exercise by virtue of subrogation any such right and or claim to an amount not exceeding the same extent as its predecessor in titleright of the transferor to.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnity, guarantee or contract of insurance against non commercial risks given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such an investor to the former Contracting Party or its designated agency agency, and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.. H-vJ

Subrogation. If a Contracting Party or its designated agency makes payment to its own investors under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Partyinvestment, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, whether under the law or pursuant to a legal transaction in that country, of any right or claim of such from the investor to the former Contracting Party or its designated agency and the right of agency; as well as (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. 1. If a one Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: a) The assignment, whether under the assignment law or pursuant to a legal transaction, of any right or claim of such by the investor to the former Contracting Party or to its designated agency and b) That the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim to enforce the same extent as its predecessor in titleclaims of that investor.

Subrogation. If a Contracting Party or its designated agency makes a payment under an indemnityto its own investor under, a guarantee or contract of insurance given in respect of an investment of an the investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such an investor to the former Contracting Party or its designated agency agency, and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given against non- commercial risks it has accorded in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right rights or claim of such claims from the investor to the former Contracting Party or its designated agency and the right of agency; and (b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any to exercise such right claims of that investor and claim shall assume the obligation related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes payment to its own investors under a payment under an indemnity, guarantee or contract of insurance given in agreement with respect of to an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) the assignment transfer of any right or claim of such from the investor to the former Contracting Party or its designated agency and agency, whether such a transfer is made under the right of Act or an established legal transaction in that State; and (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the investor's rights and claim enforce investor claims and to assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a one Contracting Party or its designated agency makes a payment to its investor under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim all the rights and claims of such the indemnified investor to the former Contracting Party or its designated agency agency, by law or by legal transactions, and the right of that the former Contracting Party or its designated agency is entitled to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titlethe investor indemnified.

Subrogation. 1. If a Contracting Party or its designated agency (guarantor) makes a payment under an indemnity, guarantee or contract of insurance given in respect of an investment of an investor in the territory of the other Contracting PartyParty on the basis of a guarantee for the non-commercial risks of the investment, the latter receiving Contracting Party shall recognise guarantee all rights and claims relating to such investment. The guarantor will recognize that it has the assignment of any right or claim of to exercise such investor to rights and requirements as the former original investor. 2. The subrogated Contracting Party or its designated agency (guarantor) shall have and shall enjoy the right same rights as the original investor in respect of such insured investments in accordance with the obligations of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in titleinvestor.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, guarantee or contract of insurance indemnity given in respect of an investment of an investor investments in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, by law or legal transaction, of any right rights or claim of such investor claims from investors to the former Contracting Party or its designated agency and the right of agency, and (b) that the former Contracting Party or its designated agency is entitled to exercise by virtue of subrogation any such right rights and claim enforce such claims to the same extent as its predecessor in titlethose investors.

Subrogation. If a Contracting Party or its designated agency Agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right assignment, whether by law or claim of such investor by legal transaction, to the former Contracting Party of all the rights and claims of the indemnified investor, and shall recognise that the former Party or its designated designate agency and the right of the former Contracting Party or its designated agency is entitled to exercise such rights and enforce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe original investor.

Subrogation. If a Contracting Party or its designated agency makes a payment under to its investor an indemnity, guarantee or contract of insurance against non- commercial risks given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former Contracting Party or its designated agency of all rights and claims of the investor and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency authorized institution makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given in respect of an investment of an investor in for investments within the territory of the other Contracting Party, the latter Contracting other Party shall recognise the recognize And / assignment of any right or claim of such by the investor to the former Contracting Party or its empowered institution irrespective of whether the referral was made pursuant to the Act or pursuant to a legal negotiations in this country, and the fact B / the Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise institution is entitled by virtue of subrogation any such right to exercise the rights and claim bear the claims of that investor and assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance given against noncommercial risks it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting host Party shall recognise the assignment assignment, whether under the law or pursuant to a legal transaction to the former Contracting Party of any right or claim of all the rights and claims resulting from such investor to an investment, and shall recognise that the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency is entitled to exercise such rights and enforce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe original investor.

Subrogation. If a Contracting Party or its designated designed agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given in respect of accorded to an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: a) the assignment assignment, whether under the law or pursuant to a legal transaction, of any right or claim title in respect of such investor investment to the former Contracting Party or its designated agency and the right of agency, as well as; b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right and claim to exercise to the same extent as its predecessor in titleextend the rights and enforce the claims of that investors and shall assume the obligation related to the investment.

Subrogation. If a one Contracting Party or its designated agency makes payments to its own investors under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right or claim of such by the investor to the former Contracting Party or to its designated agency, as well as (b) That the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right and claim to exercise to the same extent as its predecessor in titlethe investor the rights and enforce the claims of that investor and shall assume the obligations related to the investment.

Subrogation. If a Contracting Party or its an agency designated agency by it makes a payment under to its own investors on the basis of a guarantee given to an indemnityinvestment, guarantee or contract of insurance given in respect of an investment of an investor in the territory of the other Contracting Party shall recognize: a) The assignment to the first Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former agency designated by it, by law or legal act in that country, of all investor rights, other than those relating to ownership of immovable property, and their claims, and b) That the first Contracting Party Party, or its the agency designated agency and the right of the former Contracting Party or its designated agency by it, shall be entitled, upon subrogation, to exercise by virtue of subrogation any such right the abovementioned rights and claim to present the same extent as its predecessor in titleinvestor's claims.

Subrogation. If a Contracting Party or its designated agency makes a payment to its own investors under an indemnity, a guarantee or contract of insurance given against non commercial risks it has accorded in respect of an investment of an investor made in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize: (a) the assignment assignment, of any right or claim of such from the investor to the former Contracting Party or its designated agency and the right of agency, as well as: (b) that the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.

Subrogation. If a Contracting Conctracting Party or its designated agency Agency makes a payment to its own investor under an indemnity, a guarantee or contract of insurance it has given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment assignment, whether by law or by legal transaction, to the former Contracting Party of any right or claim all the rights and claims of such investor to the indemnifield investor, and shall recognise that the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency Agency is entitled to exercise such rights and enfoce such claims by virtue of subrogation any such right and claim subrogation, to the same extent as its predecessor in titlethe original investor.

Subrogation. If a Contracting Party or its designated agency Agency makes a payment under an indemnity, guarantee or contract of insurance given in respect of an investment of an investor in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment of any right or claim of such investor to the former Contracting Party or its designated agency and the right of the former Contracting Party or its designated agency to exercise by virtue of subrogation any such right and claim to the same extent as its predecessor in title.

Subrogation. If a Contracting Party or its designated agency makes payment to its own investors under a payment under an indemnity, guarantee or contract of insurance given it has accorded in respect of an investment of an investor in the territory of the other Contracting Partyinvestment, the latter Contracting Party shall recognise recognize: (a) The assignment, whether under the assignment law or pursuant to a legal transaction in that country, of any right or claim of such from the investor to the former Contracting Party or its designated agency and the right of agency, as well as; (b) That the former Contracting Party or its designated agency to exercise is entitled by virtue of subrogation any such right to exercise the rights and claim enforce the claims of that investor and shall assume the obligations related to the same extent as its predecessor in titleinvestment.