Common use of Compensation for Losses or Damages Clause in Contracts

Compensation for Losses or Damages. Each Party shall accord to investors of another Party that have suffered loss or damage relating to their covered investments in the Area of the former Party owing to war, armed conflict, a state of emergency, revolution, insurrection, civil strife or any other similar event in that former Party, treatment, as regards restitution, indemnification, compensation or any other settlement, that is no less favourable than that which it accords, in like circumstances, to its own investors or to investors of a non-Party.

Appears in 7 contracts

Samples: Agreement, Agreement, Agreement

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