Common use of Compensation for Damage or Loss Clause in Contracts

Compensation for Damage or Loss. 1. When investments made by investors of either Contracting Party suffer loss or damage owing to war or other armed conflict, civil disturbances, state of national emergency, revolution, riot or similar events in the territory of the other Contracting Party they shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement, not less favourable than the treatment that the latter Contracting Party accords to its own investors or to investors of any third State, whichever is more favourable to the investors concerned. 2. Without prejudice to paragraph 1 of this Article, investors of one Contracting Party who in any of the events referred to in that paragraph suffer damage or loss, n the territory of the other Contracting Party resulting from: a) requisitioning of their property or part thereof by its forces or authorities; b) destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall be accorded a prompt restitution, adequate and effective compensation for the damage or loss sustained during the period of requisitioning as a result of destruction of their property. Resulting payments shall be made in freely convertible currency and be freely transferable without delay.

Compensation for Damage or Loss. 1. When investments made by investors of either Contracting Party State suffer damage or loss or damage owing to war or other armed conflict, civil disturbances, a state of national emergency, revolutionrevolt, civil disturbances. insurrection, riot or other similar events in the territory of the other Contracting Party State. they shall be accorded by the latter Contracting Party State. treatment, . as regards restitution, restitution indemnification, compensation or other settlement, . not less favourable than the treatment that the latter Contracting Party State accords to its own investors or to investors of any third State, state. whichever is more favourable to the investors concernedmost favourable. 2. Without prejudice to paragraph 1 of this Article1, investors of one Contracting Party State who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party State resulting from: (a) requisitioning of their property or part thereof by its forces or authorities;: or (b) destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, . shall be accorded a prompt restitution, expeditious. adequate and effective compensation for the damage or loss sustained during the period of requisitioning or as a result of the destruction of their property. Resulting payments shall be made in a freely convertible currency and be freely transferable without delay.

Compensation for Damage or Loss. 1. When investments made by investors of either Contracting Party suffer loss or damage owing to war or other armed conflict, civil disturbances, state of national emergency, revolution, riot or similar events in the territory of the other Contracting Party they shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement, not less favourable than the treatment that the latter Contracting Party accords to its own investors or to investors of any third State, whichever is more favourable to the investors concerned. 2. Without prejudice to paragraph 1 of this Article, investors of one Contracting Party who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party resulting from: a) a. requisitioning of their property or part thereof by its forces or authorities; b) b. destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall be accorded a prompt restitutionprompt, adequate and effective compensation or restitution for the damage or loss sustained during the period of requisitioning or as a result of destruction of their property. Resulting payments shall be made in a freely convertible currency and be freely transferable without delay.

Compensation for Damage or Loss. 1. When investments made by investors of either Contracting Party suffer loss or damage owing to war or other armed conflict, civil disturbances, state of national emergency, revolution, riot or similar events in the territory of the other Contracting Party they shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement, not less favourable than the treatment that the latter Contracting Party accords to its own investors or to investors of any third State, whichever is more favourable to the investors concerned. 2. Without prejudice to paragraph 1 of this Article, investors of one Contracting Party who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party resulting from: a) a. requisitioning of their property or part thereof by its forces or authorities; b) b. destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall Shall be accorded a prompt restitutionprompt, adequate and effective compensation or restitution for the damage or loss sustained during the tire period of requisitioning or as a result of destruction of their property. Resulting payments shall be made in freely convertible currency and be freely transferable without delay.

Compensation for Damage or Loss. 1. When investments made by investors of either Contracting Party suffer loss or damage owing to war or other armed conflict, civil disturbances, state of national emergency, revolution, riot or similar events in the territory of the other Contracting Party they shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement, not less favourable than the treatment that the latter Contracting Party accords to its own investors or to investors of any third State, whichever is more favourable to the investors concerned. 2. Without prejudice to paragraph 1 of this Article, investors of one Contracting Party who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party resulting from: a) requisitioning a. Requisitioning of their property or part thereof by its forces or authorities; b) destruction b. Destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall be accorded a prompt restitutionprompt, adequate and effective compensation or restitution for the damage or loss sustained during the period of requisitioning or as a result of destruction of their property. Resulting payments shall be made in freely convertible currency and be freely transferable without delay.

Compensation for Damage or Loss. 1. When investments made by investors of either Contracting Party State suffer damage or loss or damage owing to war or other armed conflict, civil disturbances, a state of national emergency, revolutionrevolt, civil disturbances. insurrection, riot or other similar events in the territory of the other Contracting Party State. they shall be accorded by the latter Contracting Party State. treatment, . as regards restitution, restitution indemnification, compensation or other settlement, . not less favourable than the treatment that the latter Contracting Party State accords to its own investors or to investors of any third State, state. whichever is more favourable to the investors concernedmost favourable. 2. Without prejudice to paragraph 1 of this Article1, investors of one Contracting Party State who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party State resulting from: (a) requisitioning Requisitioning of their property or part thereof by its forces or authorities;: or (b) destruction Destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall . Shall be accorded a prompt restitution, expeditious. adequate and effective compensation for the damage or loss sustained during the period of requisitioning or as a result of the destruction of their property. Resulting payments shall be made in a freely convertible currency and be freely transferable without delay.

Compensation for Damage or Loss. 1. When investments made by investors of either Contracting Party suffer loss or damage owing to war or other armed conflict, civil disturbances, state of national emergency, revolution, riot or similar events in the territory of the other Contracting Party they shall be accorded by the latter Contracting Party treatmentParty, treatment as regards restitution, indemnification, compensation or other settlement, not less favourable than the treatment that the latter Contracting Party accords to its own investors or to investors of any third State, whichever is more favourable to the investors concerned. 2. Without prejudice to paragraph 1 of this Article, investors of one Contracting Party who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party resulting from:— (a) requisitioning of their property or part thereof by its forces or authorities;; or (b) destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, ; shall be accorded a prompt restitutionprompt, adequate and effective compensation or restitution for the damage or loss sustained during the period of requisitioning or as a result of destruction of their property. Resulting payments shall be made in freely convertible currency and be freely transferable without delay.

Compensation for Damage or Loss. 1. When investments made by investors of either Contracting Party State suffer damage or loss or damage owing to war or other armed conflict, civil disturbances, a state of national emergency, revolutionrevolt, civil disturbances, insurrection, riot or other similar events in the territory of the other Contracting Party State, they shall be accorded by the latter Contracting Party State, treatment, as regards restitution, indemnification, compensation or other settlement, not less favourable than the treatment that the latter Contracting Party State accords to its own investors or to investors of any third Statestate, whichever is more favourable to the investors concernedmost favourable. 2. Without prejudice to paragraph 1 of this Article1, investors of one Contracting Party State who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party State resulting from: (a) requisitioning of their property or part thereof by its forces or authorities;; or (b) destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall be accorded a prompt restitutionprompt, adequate and effective compensation for the damage or loss sustained during the period of requisitioning or as a result of the destruction of their property. Resulting payments shall be made in freely a convertible currency and be freely transferable without delay.

Compensation for Damage or Loss. 1. When investments made by investors of either Contracting Party State suffer damage or loss or damage owing to war or other armed conflict, civil disturbances, a state of national emergency, revolutionrevolt, civil disturbances, insurrection, riot or other similar events in the territory of the other Contracting Party State, they shall be accorded by the latter Contracting Party State, treatment, as regards restitution, indemnification, compensation or other settlement, not less favourable than the treatment that the latter Contracting Party State accords to its own investors or to investors of any third Statestate, whichever is more favourable to the investors concernedmost favourable. 2. Without prejudice to paragraph 1 of this Article1, investors of one Contracting Party State who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party State resulting from: (a) requisitioning of their property or part thereof by its forces or authorities;; or (b) destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall be accorded a prompt restitutionprompt, adequate and effective compensation for the damage or loss sustained during the period of requisitioning or as a result of the destruction of their property. Resulting payments shall be made in a freely convertible currency and be freely transferable without delay.

Compensation for Damage or Loss. (1. ) When investments made by investors of either Contracting Party State suffer damage or loss or damage owing to war or other armed conflict, civil disturbances, state of national emergency, revolutionrevolt, insurrection, riot or other similar events in the territory of the other Contracting Party State, they shall be accorded by the latter Contracting Party State, treatment, as regards restitution, indemnification, compensation or other settlement, which is not less favourable than the treatment that which the latter Contracting Party State accords to its own investors or to investors of any third Statestate, whichever is more favourable to the investors concernedfavourable. (2. ) Without prejudice to paragraph 1 of this Article(1), investors of one Contracting Party State who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party State resulting from: (a) requisitioning Requisitioning of their property or part thereof by its forces or authorities;; or (b) destruction Destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall Shall be accorded a prompt restitutionprompt, fair and adequate and effective compensation for the damage or loss sustained during the period of requisitioning or as a result of the destruction of their property. Resulting payments shall be made transferable without delay in a freely convertible currency and be freely transferable without delaycurrency.

Compensation for Damage or Loss. (1. When ) Investors of one Contracting State whose investments made by investors in the territory of either the other Contracting Party State suffer loss or damage losses owing to war or other armed conflict, civil disturbancesrevolution, a state of national emergency, revolutionrevolt, insurrection or riot or other similar events in the territory of the other latter Contracting Party they State shall be accorded by the latter Contracting Party State treatment, as regards restitution, indemnification, compensation or other settlement, not less favourable favorable than the treatment that which the latter Contracting Party Stale accords to its own investors or to investors of any third State, state whichever is more favourable to the investors concernedmost favorable. (2. ) Without prejudice to paragraph 1 (1) of this Article, investors of one Contracting Party State who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party State resulting from: (a) requisitioning requisition of their investment or property or part thereof by its forces or authorities; (b) destruction of their investment or property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall be accorded a prompt restitution, and adequate and effective compensation for the damage or loss sustained during the period of requisitioning or as a result of the destruction of their the property. Resulting payments shall be made in freely convertible usable currency and be freely transferable without undue delay.

Compensation for Damage or Loss. 1. When Investors of one Contracting State whose investments made by investors in the territory of either the other Contracting Party State suffer loss or damage losses owing to war or other armed conflictinternational hostilities, civil disturbancesrevolution, a state of national emergency, revolutionrevolt, insurrection or riot or other similar events in the territory of the other latter Contracting Party they State shall be accorded by the latter Contracting Party State treatment, as regards restitution, indemnification, compensation or other settlement, not less favourable than the treatment that which the latter Contracting Party State accords to its own investors or to investors of any third State, State whichever is more favourable to the investors concernedmost favourable. 2. Without prejudice to paragraph 1 Paragraph (1) of this Article, investors of one Contracting Party State who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party State resulting from: (a) requisitioning requisition of their investment or property or part thereof by its forces or authorities; (b) destruction of their investment or property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, ; shall be accorded a prompt restitution, and adequate and effective compensation for the damage or loss sustained during the period of requisitioning on as a result of the destruction of their the property. Resulting , resulting payments shall be made in freely convertible usable currency and be freely transferable without undue delay.

Compensation for Damage or Loss. 1. When investments made by investors of either Contracting Party State suffer damage or loss or damage owing to war or other armed conflict, civil disturbances, a state of national emergency, revolutionrevolt, civil disturbances, insurrection, riot or other similar events in the territory of the other Contracting Party State, they shall be accorded by the latter Contracting Party State, treatment, as regards restitution, indemnification, compensation or other settlement, not less favourable than the treatment that the latter Contracting Party State accords to its own investors or to investors of any third Statestate, whichever is more favourable to the investors concernedmost favourable. 2. Without prejudice to paragraph 1 of this Article1, investors of one Contracting Party State who in any of the events referred to in that paragraph suffer damage or loss, n loss in the territory of the other Contracting Party State resulting from: (a) requisitioning of their property or part thereof by its forces or authorities;; or (b) destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall Shall be accorded a prompt restitutionprompt, adequate and effective compensation for the damage or loss sustained during the period of requisitioning or as a result of the destruction of their property. Resulting payments shall be made in freely a convertible currency and be freely transferable without delay.