Common use of Settlement of Investment Disputes Clause in Contracts

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. 2. If any dispute between an investor of one Contracting Party and the other Contracting Party can not be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. The International Center for Settlement of Investment Disputes (ICSID) having regards to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; or b. An arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 11 . Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. 22 . If any dispute between an investor of one Contracting Party and the other Contracting Party can not be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. The : /a/ the International Center Centre for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; or b. An or /b/ an arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 11 . Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party shall be subject to negotiations between the parties in disputesettled peacefully by consultation and negotiation either directly or through diplomatic channels. 22 . If any such dispute between an investor of one Contracting Party and the other Contracting Party can not be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. The : /a/ the International Center Centre for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; or b. An or /b/ an arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. 3 . The arbitral awards arbitration award shall be final based on: — the provisions of this Agreement, — the rules and binding on both Parties to the disputeuniversally accepted principles of international law.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party party and the other Contracting Party in connection with an investment on in the territory of that other Contracting Party party shall be subject to negotiations between the parties in to the dispute. 2. If any such a dispute between an investor of one Contracting Party and the other Contracting Party can cannot be thus settled within a period of six monthsmonths from written notification of a claim, the investor shall be entitled to submit the case either to: a. a) The International Center Centre for the Settlement of Investment Disputes (ICSID) having regards to the applicable provisions of established by the Convention on the Settlement of Investment Disputes between States and Nationals of other States States, opened for signature at Washington D.C. on 18 March March, 1965, in the event both when each Contracting Parties shall have has become a party to this the said Convention; or. b. b) An international arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission commission on International Trade Law law (UNCITRAL). The parties to the dispute disputes may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. 2. If any dispute between an investor of one Contracting Party and the other Contracting Party can not be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. (a) The International Center Centre for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; or b. (b) An arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. 2. If any dispute between an investor of one Contracting Party and the other Contracting Party can not be thus settled within a period of six months, the investor shall be entitled intitled to submit the case either to: a. : /a/ The domestic court of the country in which the investment is made; /b/ The International Center Centre for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on the 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; or b. or /c/ An arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party party shall be subject to negotiations between the parties in dispute. 2. If any dispute between an investor of one Contracting Party and the other Contracting Party can not be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. a) The International Center Centre for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; or b. b) An arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on of International Trade Law (UNCITRAL). The parties Parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. 2. If any dispute between an investor of one Contracting Party and the other Contracting Party can not be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. The : /a/ the International Center for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; or b. An or /b/ an arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. 2. If any dispute between an investor of one Contracting Party and the other Contracting Party can not be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. The International Center Centre for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; or b. An arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on in the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. 2. If any dispute between an investor of one Contracting Party and the other Contracting Party can not be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. (a) The International Center Centre for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; or b. (b) An arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. 2. If any dispute between an investor of one Contracting Party and the other Contracting Party can not be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. a) The competent court of the Contracting Party in the territory of which the investment has been made; or b) The International Center Centre for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on an 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; , or b. c) An arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on in the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. 2. If any dispute between an investor of one Contracting Party and the other Contracting Party can cannot be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. a) The competent court of the Contracting Party in the territory of which the investment has been made; b) The International Center Centre for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; or b. c) An arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on of International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party (1. ) Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that the other Contracting Party shall be subject to negotiations between the parties in dispute. (2. ) If any dispute between an investor of one Contracting Party and the other Contracting Party can cannot be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. (a) The International Center for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions provision of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. D. C. on 18 March 1965, in the event both Contracting Parties shall have become a party to this Convention; this, or b. (b) An arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties parties to the dispute.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute which may arise between an investor of one Contracting Party Parrs' and the other Contracting Party in connection with an investment on the territory territory' of that other Contracting Party shall be subject to negotiations between the parties in dispute. 2. If any dispute between an investor of one Contracting Party and the other Contracting Party can cannot be thus settled within a period of six months, the investor shall be entitled to submit the case either to: a. (a) The International Center Centre for Settlement of Investment Disputes (ICSID) having regards regard to the applicable provisions of the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington D.C. on 18 1 8 March 1965, . in the event both Contracting Parties shall have become a party to this Convention; or b. An (b) an arbitrator or international ad hoc arbitral tribunal established under the Arbitration Rules of the United Nations Commission on of International Trade Law (UNCITRAL). The parties to the dispute may agree in writing to modify these Rules. The arbitral awards shall be final and binding on both Parties to the dispute.