Where a Contracting Party. expropriates the assets of a company which is incorporated or constituted under the law in force in any part of its own territory and in which investors of the other Contracting Party own shares or debentures, it shall ensure that the provisions of paragraph (1) of this Article are applied to the extent necessary to guarantee prompt, adequate and effective compensation in respect of their investment of such investors of the other Contracting Party who are owners of those shares or debentures.paragraph (1) of this Article are applied to the extent necessary to guarantee prompt, adequate and effective compensation in respect of their investment of such investors of the other Contracting Party who are owners of those shares or debentures.
Appears in 2 contracts
Sources: Investment Agreement, Investment Agreement