Expropriation, Compensation. 1. Neither Contracting Party shall expropriate nationalize or take similar measures (hereinafter referred to as 'expropriation') against investments of investors of the other Contracting Party in its territory, unless the following conditions are met:
Expropriation, Compensation. (1) Investments made by investors of one Contracting Party shall not be nationalized, expropriated or subjected to measures having effect equivalent to nationalization or expropriation (hereinafter referred to as "expropriation") in the territory of the other Contracting Party, except for a public purpose. The expropriation shall be carried out on a non-discriminatory basis in accordance with legal procedure and against compensation.
Expropriation, Compensation. (1) Neither of the Contracting Parties shall take, either directly or indirectly, measures of expropriation, nationalization or any other measures having the same nature or the same effect against investments of investors of the other Contracting Party (hereinafter referred to as "expropriation"), unless the measures are taken in the public interest, on a non- discriminatory basis and under due process of law, and provided that provisions be made for prompt, effective and adequate compensation. Such compensation shall be equivalent to the fair market value of the investment immediately before the expropriation occurred or became public knowledge, whichever is earlier, as determined in accordance with recognised principles of valuation. The amount of compensation shall include interest at a normal commercial rate from the date of dispossession until the date of payment, shall be paid without delay, be fully realisable in a freely convertible currency and be freely transferable.
Expropriation, Compensation. 1- Investments by investors of either Contracting Party shall enjoy full protection and security in the territory of the other Contracting Party.
Expropriation, Compensation. (1) No Contracting Party may take expropriation or nationalization measures against investments which belong to investors of the other Contracting Parties, unless such measures were carried out in the public interest, are not discriminatory, comply with legal requirements and provide for compensation. Compensation shall be equal to the value of the expropriated investment immediately before the expropriation or imminent expropriation is publicly known. The compensation must be paid immediately after expropriation; It must in fact be usable and freely transferable.
Expropriation, Compensation. 1. Neither Contracting Party shall take, directly or indirectly, measures of expropriation, nationalization or any other measures of the same nature or similar effect against investments of investors of the other Contracting Party, unless such measures are adopted on the grounds of public interest, on a Discriminatory and in accordance with due legal procedures and provided that they are accompanied by provisions for the payment of effective and adequate indemnification. This indemnity shall correspond to the market value of the expropriated investment immediately before the measure of expropriation has been taken or made public, whichever occurs first. In addition, the indemnity will include interest from the date of expropriation, will be paid without delay, in a freely convertible currency and will be freely transferable.
Expropriation, Compensation. 1. Neither Contracting Party shall, directly or indirectly, measures of expropriation, nationalization or any other measures of the same nature or effect of investments against nationals of the other Contracting Party, except for cases expressly laid down in national constitutions and provided that such measures are not discriminatory and giving rise to fair and timely payment of compensation.
Expropriation, Compensation. (1) Neither Contracting Party shall take, directly or indirectly, measures of expropriation, nationalisation or any other measure having the same character or effect, in respect of investments belonging to investors of the other Contracting Party, except for reasons of public interest and provided that such measures are non-discriminatory, comply with the legal provisions in force and give rise to the payment of effective and adequate compensation. The amount of the compensation, including interest, shall be paid in the currency of the country of origin of the investment and shall be delivered without delay to the right holder, irrespective of his domicile or headquarters. Extraordinary circumstances
Expropriation, Compensation. 1. The measures of expropriation, nationalization or any other measures having the same nature or the same effect that could be taken by the authorities of one Contracting Party against the investments made by investors of the other Contracting Party, shall be discriminatory or other than for reasons of public interest. the contracting party taking such measures shall contribute to the entitlement without undue delay, fair and equitable compensation. the provisions for the purpose of fixing and the payment of compensation shall be made in a prompt maniére no later than at the moment of the expropriation. The amount of compensation will correspond to the market value of the investment concerned on the day before the date on which the measures taken or are publicly available. In case of delay in payment of compensation shall include interest at market conditions from the date of payment. the compensation shall be paid to investors of convertible and transferable according to the rules in force.
Expropriation, Compensation. 1- Neither of the Contracting Parties shall take, either directly or indirectly, measures of expropriation, nationalization or any other measures having the same nature or the same effect against investments of investors of the other Contracting Party, unless the measures are taken in the public interest, on a non-discriminatory basis and under due process of law, and provided that provisions be made for effective and adequate compensation. Such compensation shall amount to the market value of the investment expropriated immediately before the expropriatory action was taken or became public knowledge, whichever is earlier. The amount of compensation shall carry the usual bank interest, from the date of dispossession until payment, shall be settled in a freely convertible currency and paid without delay.
