Common use of When a Contracting Party Clause in Contracts

When a Contracting Party. expropriates the assets of a company or an enterprise in its territory, which is incorporated or constituted under its law, and in which investors of the other Contracting Party have an investment, including through shareholding, the provisions of this Article shall apply to ensure prompt, adequate and effective compensation for those investors for any impairment or diminishment of the fair market value of such investment resulting from the expropriation.

Appears in 8 contracts

Sources: Investment Agreement, Investment Agreement, Investment Protection Agreement

When a Contracting Party. expropriates the assets of a company or an enterprise in its territory, which is incorporated or constituted under its law, and in which investors of the other Contracting Party have an investment, including through shareholding, the provisions of this Article shall apply to ensure prompt, adequate and effective compensation for those investors for any impairment or diminishment of the fair market value of such investment resulting from the expropriation.

Appears in 4 contracts

Sources: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement