Common use of Derogation Clause in Contracts

Derogation. The present Agreement does not prevent the observance of: a) Laws, regulations, administrative practices or procedures, or adminsitrative or judicial decisions of either Contracting Party; b) international legal obligations; c) obligations undertaken by either Contracting Party, in particular those contained in an investment agreement or an investment authorization, irrespective of the person whose investments or activities they authorise are related to treatment more favourable than that offered by this Agreement in like situations.

Appears in 12 contracts

Sources: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement