Common use of Compensation for Damages or Losses Clause in Contracts

Compensation for Damages or Losses. (1) Investors of one Contracting Party whose investments in the territory of the other Contracting Party suffer losses owing to any armed conflict, a state of national emergency or civil disturbances in the territory of the latter Contracting Party shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement, no less favourable than that which the latter Contracting Party accords to its own investors or investors of any third State. Resulting payments shall be adequate, be made without delay and be freely transferable.

Appears in 15 contracts

Samples: Agreement, Agreement, Agreement

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Compensation for Damages or Losses. (1) Investors of one Contracting Party whose investments in the territory of the other Contracting Party suffer losses owing to any armed conflict, a state of national emergency or civil disturbances in the territory of the latter Contracting Party shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement, no less favourable than that which the latter letter Contracting Party accords to its own investors or investors of any third State. Resulting payments shall be adequate, be made without delay and be freely transferable.

Appears in 2 contracts

Samples: Agreement, Agreement

Compensation for Damages or Losses. (1) Investors of one either Contracting Party whose investments suffer losses in the territory of the other Contracting Party suffer losses owing to any war or other armed conflict, revolution, a state of national emergency emergency, revolt, or civil disturbances in the territory of the latter Contracting Party "force majeure", shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlementvaluable consideration, no less favourable than that which the latter Contracting Party accords to its own investors or to investors of any third StateState whichever is more favourable. Resulting Such payments shall be adequate, be made without delay and be freely transferable.

Appears in 1 contract

Samples: Agreement

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Compensation for Damages or Losses. (1) 1 . Investors of one Contracting Party whose investments in the territory of the other Contracting Party suffer losses owing to any war or other armed conflict, a revolution, state of national emergency emergency, revolt, insurrection or civil disturbances riot in the territory of the latter Contracting Party shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement, no less favourable than that which the latter Contracting Party accords to its own investors or investors of any third Statenational investors. Resulting Any resulting payments shall be adequate, be made without delay and be freely transferable.

Appears in 1 contract

Samples: Agreement

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