Common use of Compensation for Damage or Loss Clause in Contracts

Compensation for Damage or Loss. When investments made by investors of a 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 Party, they shall be accorded by the latter Party treatment, as regards restitution, indemnification, compensation or other settlement, not less favorable than the treatment that it accords in like circumstances to its own investors or to investors of any non- Party, whichever is more favorable to the investors concerned.

Appears in 3 contracts

Samples: s3-ap-northeast-1.amazonaws.com, investmentpolicy.unctad.org, www.worldtradelaw.net

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Compensation for Damage or Loss. When investments made by investors of a 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 Party, they shall be accorded by the latter Party treatment, as regards restitution, indemnification, compensation or other settlement, not less favorable than the treatment that it accords in like circumstances to its own investors or to investors of any non- non-Party, whichever is more favorable to the investors concerned.

Appears in 2 contracts

Samples: edit.wti.org, edit.wti.org

Compensation for Damage or Loss. When investments made by Investments of investors of a either Contracting Party that suffer damage or loss or damage owing to war or any other armed conflict, civil disturbances, a national state of national emergency, revolutionrevolt, riot unrest, insurrection, or other similar events in the territory of the other Party, they Contracting Party shall be accorded by the latter Contracting Party treatment, as with regards to restitution, indemnification, compensation or any other settlement, that is not less favorable than the treatment that it latter Contracting Party accords in like circumstances to its own investors or to investors of any non- Partyother country, whichever is more favorable to the investors concernedfavorable.

Appears in 1 contract

Samples: edit.wti.org

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Compensation for Damage or Loss. When investments made by investors Investors of a Party and covered investments that suffer loss or damage owing losses due to war or other a war, an armed conflict, or civil disturbances, state of national emergency, revolution, riot or similar events unrest in the territory of the other Party, they shall be accorded by receive from the latter Party treatmentlatter, as regards restitutionwith respect to reparation, indemnificationcompensation, compensation or other settlementarrangement, not a treatment no less favorable than the treatment that it accords in like circumstances granted to its own investors or to the investments of its own investors, or to investors or investments of investors of any non- Party, whichever is more favorable to the investors concernedthird State.

Appears in 1 contract

Samples: edit.wti.org

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