Article
1
1
The Czechoslovak Government shall pay the sum of 5,400,000 Netherlands guilders to the Netherlands Government in full settlement of claims for compensation in respect of all Netherlands property, rights and interests affected by Czechoslovak measures of nationalisation, confiscation, expropriation or other similar measures taking or limiting the ownership of such property, rights and interests as well as in respect of all Netherlands mortgage claims on Czechoslovak property affected by such measures.
2
For the purposes of the present Agreement Netherlands property, rights and interests referred to in paragraph 1 of this Article shall mean property, rights and interests held both at the date of the relevant Czechoslovak measure and at the date of signature of the present Agreement, by Netherlands physical persons, or juridical persons established and having their seat in the Kingdom of the Netherlands.