the Territory definition
Examples of the Territory in a sentence
The term «Territory» shall mean: The Territory of the Kingdom of Norway and the Territory of the Republic of Lithuania including the territorial sea, as well as the continental shelf over which the state concerned exercises, in accordance with international law, sovereign rights for the purpose of exploration and exploitation of the natural resources of such areas.
Goods that under a leasing agreement are placed at the disposal of a lessee in the Territory of one Contracting Party by a lessor being a national of the other Contracting Party or a legal person having its seat in the Territory of that Contracting Party, shall be treated not less favourably than an investment.
The present agreement shall apply to investments made after 29 december 1990 in the Territory of a Contracting Party in accordance with its laws and regulations.
A Contracting Party, or its designated agency, having by virtue of a guarantee given for an investment made in the Territory of the other Contracting Party, made payment to one of its own Investors is, by virtue of subrogation, entitled to exercise the rights and actions as well as to assume the obligations of the said Investor.
Such investments shall be subject to the laws and regulations of the Contracting Party in the Territory of which the investments are made.