Common use of Principle of Subrogation Clause in Contracts

Principle of Subrogation. If one Contracting Party or its designated Agency makes a payment under an indemnity given in respect of an investment in the territory of the other Contracting Party, the latter Contracting Party shall recognise the assignment to the former Contracting Party or its designated Agency by law or by legal transaction of all the rights and claims of the indemnified investor and that the former Contracting Party is entitled to exercise such rights and enforce such claims by virtue of subrogation, to the same extent as that investor.

Principle of Subrogation. If one a Contracting Party or its designated Agency makes a payment under an indemnity given to a national or company pursuant to a guarantee it has granted in respect of to an investment in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment of any right or title of such national or company to the former Contracting Party or its designated Agency by law or by legal transaction and the subrogation of all the rights and claims of the indemnified investor and that the former Contracting Party is entitled to exercise any such rights and enforce such claims by virtue of subrogation, to the same extent as that investorright or title.

Principle of Subrogation. If one a Contracting Party or its a body designated Agency by it makes a payment under an indemnity given in respect by way of compensation for an investment made in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment to the former first Contracting Party or its to the body designated Agency by it, by virtue of law or by legal transaction contract, of all the rights and claims of the indemnified compensated investor and that the former right of the first Contracting Party is entitled or the body designated by it to exercise such rights and enforce such claims by virtue way of subrogation, to the same extent as that the investor.

Principle of Subrogation. If one a Contracting Party or its designated Agency agency makes a payment under an indemnity given in respect of an investment in the territory of the other Contracting Partycontracting party, the latter Contracting Party shall recognise recognize the first assignment to the contracting party or its designated agency by law or pursuant to a contract of all rights and claims of indemnified the investor and the right of the former Contracting Party or its designated Agency by law or by legal transaction of all the rights and claims of the indemnified investor and that the former Contracting Party is entitled agency to exercise such rights and enforce such claims by virtue of subrogation, subrogation to the same extent as that the investor.

Principle of Subrogation. 1. If one a Contracting Party or its designated Agency any agency thereof makes a payment to any of its investors under an indemnity given a guarantee or insurance in respect to investment, the other Contracting Party shall recognize the validity of an investment the subrogation in favor of the former Contracting Party or agency thereof to any right or ▇▇▇▇▇▇ held by the investor, provided that that investor has exhausted the legal and administrative means for settlement of disputes in the territory of the other host Contracting Party. 2. In the case of subrogation as defined in paragraph 1 above, the latter Contracting Party investor shall recognise not pursue a claim unless authorized to do so by the assignment to the former Contracting Party or its designated Agency by law or by legal transaction of all the rights and claims of the indemnified investor and that the former Contracting Party is entitled to exercise such rights and enforce such claims by virtue of subrogation, to the same extent as that investorany agency thereof.

Principle of Subrogation. If one a Contracting Party or its designated Agency agency makes a payment under an indemnity indemnity, guarantee or contract of insurance given in respect of an investment of one of 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 by law or by legal transaction agency and the right of all the rights and claims of the indemnified investor and that the former Contracting Party is entitled or its designated agency to exercise such rights and enforce such claims by virtue of subrogation, subrogation any such right and claim to the same extent as that investorits predecessor in title.

Principle of Subrogation. If one a Contracting Party or its a body designated Agency by it makes a payment under an indemnity given in respect by way of compensation for an investment made in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the assignment to the former first Contracting Party or its to the body designated Agency by it, by law or by legal transaction contract, of all the rights and claims of the indemnified compensated investor and that the former right of the first Contracting Party is entitled or the body designated by it to exercise such rights and enforce such claims by virtue way of subrogation, to the same extent as that the investor.

Principle of Subrogation. If one a Contracting Party or its designated Agency agency makes a payment under an indemnity given in respect of an investment in the territory of the other Contracting Party, the latter Contracting Party shall recognise recognize the first assignment to the Contracting Party or its designated agency by law or pursuant to a contract of all rights and claims of indemnified the investor and the right of the former Contracting Party or its designated Agency by law or by legal transaction of all the rights and claims of the indemnified investor and that the former Contracting Party is entitled agency to exercise such rights and enforce such claims by virtue of subrogation, subrogation to the same extent as that the investor.