Common use of Alternative Measures Clause in Contracts

Alternative Measures. Each Party may provide, in accordance with its domestic legis­ lation, that in appropriate cases and upon request of the person liable to be subject to the measures provided for in Article 241 and/or Article 242, the competent judicial authorities may order pecuniary compensation to be paid to the injured party instead of applying the measures provided for in Article 241 and/or Article 242 if that person acted unintentionally and without negligence, if execution of the measures in question would cause such person disproportionate harm and if pecuniary compensation to the injured party appears reasonably satis­ factory.

Appears in 2 contracts

Sources: Trade Agreement, Trade Agreement