Common use of Where a Contracting Party Clause in Contracts

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

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

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