Common use of Compensation for Damages or Losses Clause in Contracts

Compensation for Damages or Losses. Investors of one Contracting Party whose investments suffer losses in the territory of the other Contracting Party as the result of war, civil disturbance or other similar circumstances shall be accorded a treatment as regards restitution, indemnification, compensation or other types of settlement, not less favorable than that which the latter Contracting Party accords to investors of any third state or to its own investors.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

AutoNDA by SimpleDocs

Compensation for Damages or Losses. Investors of one Contracting Party whose investments suffer losses in the territory of the other Contracting Party as the result of suffer losses due to war, civil disturbance armed conflict, revolution, a state of national emergency; insurrection, riot or other similar circumstances events, shall be accorded a treatment by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or and other types of settlement, not settlements no less favorable than that which accorded to the latter Contracting Party accords to investors of its own or any third state or party, whichever is more favorable to its own investorsthe investor concerned.

Appears in 2 contracts

Samples: Bilateral Agreement, Bilateral Agreement

AutoNDA by SimpleDocs

Compensation for Damages or Losses. Investors of one either Contracting Party whose investments suffer losses in the territory of the other Contracting Party as the result of war, civil disturbance owing to war or other similar circumstances armed conflict, revolution, a state of national emergency, or revolt, shall be accorded a treatment treatment, as regards restitution, indemnification, compensation or other types of settlementvaluable consideration, not no less favorable favourable than that which the latter Contracting Party accords to its own investors or to investors of any third state or to its own investorsState whichever is more favourable. Resulting payments shall be freely transferable.

Appears in 2 contracts

Samples: Agreement, Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.