Common use of Compensation for Damages Clause in Contracts

Compensation for Damages. Where investors in one of the two Contracting Parties suffer losses in their investments in the territory of the other Contracting Party due to wars or other armed clashes, emergency states or other similar events, the Contracting Party in which it is The invested investment being made will offer investors, as compensation for the damage suffered, a treatment no less favorable than that accorded to their investors or investors of any other third country. Payments to this title must be freely transferable.

Appears in 2 contracts

Samples: Agreement, Agreement

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Compensation for Damages. Where When investments by investors of either Contracting Party suffer losses owing to war, other armed conflict, a state of national emergency or other similar events in one the territory of the two other Contracting Parties suffer losses in their investments Party, they shall receive adequate compensation. Investors of either Contracting Party shall enjoy, in the territory of the other Contracting Party due to wars or other armed clashesa treatment, emergency states or other similar eventsin any case, the Contracting Party in which it is The invested investment being made will offer investors, as compensation for the damage suffered, a treatment no not less favorable favourable than that accorded to their investors or investors of any other third country. Payments to this title must be freely transferableState.

Appears in 2 contracts

Samples: Agreement, Agreement

Compensation for Damages. Where In the event that investors in one of the two either Contracting Parties Party whose investments suffer losses in their investments in the territory of the other Contracting Party due contracting party owing to wars war or other armed clashesconflict, state of emergency states or other similar events, the Contracting Party in which it is The invested whose territory the investment being has been made will offer investors, as regarding compensation for the damage suffered, a shall be accorded treatment no less favorable favourable than that accorded to their its own nationals or juridical persons to investors or investors of any other third country. Payments to this title must be freely transferableState.

Appears in 1 contract

Samples: Agreement

Compensation for Damages. Where investors in one 1. Investors of the two a Contracting Parties Party whose investments suffer losses in their investments through war, armed conflict, national emergency, coup, uprising, rebellion or other similar events in the territory of the other Contracting Party due to wars shall be accorded by the last Contracting Party a restitution, compensation or other armed clashescounter-guarantee regime, emergency states or other similar events, the Contracting Party in which it is The invested investment being made will offer investors, as compensation for the damage suffered, a treatment no less not Less favorable than that accorded which the latter Contracting Party grants to their its own investors or investors of any other third country. Payments to this title must be freely transferable, whichever is the more favorable.

Appears in 1 contract

Samples: edit.wti.org

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Compensation for Damages. Where investors in Investors of one of the two Contracting Parties suffer losses in their Party whose investments in the territory of the other Contracting Party due suffer losses owing to wars war or other armed clashesconflict, emergency states revolution, state of emergency, revolt, insurrection or riots or other similar eventscircumstances, the Contracting Party in which it is The invested investment being made will offer investors, as compensation for the damage suffered, a be accorded treatment no less favorable than that accorded which the latter Contracting Party shall accord to their investors of the State or its investors of any third State as regards the restoration, reparation, compensation or other third country. Payments to this title must be freely transferablesettlement.

Appears in 1 contract

Samples: Agreement

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