Common use of Most-favoured-nation Treatment Clause in Contracts

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment it accords in like circumstances to investors of a non- Contracting Party and to their investments with respect to investment activities.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors an investor of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to the establishment, acquisition, expansion, management, conduct, operation and sale or other disposition of an investment activitiesin its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting any non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party and to their investments with respect to investment activitiesany non-Party.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investments of investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investments in its territory of investors of a non- Contracting any non-Party and to their investments with respect to investment activitiesthe management, conduct, operation, and sale or other disposition of investments.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments covered investments, with respect to the operation of the covered investments, treatment no less favourable than the treatment it accords accords, in like circumstances situations, to investors of a non- Contracting Party third country and to their investments with respect to investment activitiesinvestments.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors an investor of the other Contracting Party and to their investments a covered investment, treatment no less favourable than the treatment it accords in like circumstances situations, to investors of a non- Contracting Party third country and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, conduct, operation, management, maintenance, use, enjoyment and sale or disposal of their investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting any non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments.

Most-favoured-nation Treatment. 1. 1 Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation and sale or other disposition of investments in its temitory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting another Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of any other Party or a non- Contracting non-Party and to their investments with respect to investment activitiesthe management, conduct, operation, use, and sale or other disposition of investments in its Area.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting any non-Party and to their investments with respect to investment activitiesthe management, conduct, operation, maintenance, use, enjoyment and sale or other disposition of investments in its Area.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords in like circumstances to investors of a non- Contracting non-Party and to their investments with respect to investment activities.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investments of investors of the other Contracting Party made or materialized in accordance with the laws and to their investments regulations of the other Party, and investors of the other Party who have made or materialized such investments, treatment no less favourable favorable than the treatment it accords accords, in like circumstances circumstances, to investments made or materialized by investors of a non- Contracting any non-Party and to their investments with respect to investment activitiesor investors of such investments.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors, investments and activities associated with such investments by investors of the other Contracting Party and to their investments treatment no less favourable than the treatment it accords that accorded, in like circumstances circumstances, to the investments and associated activities by the investors of a non- Contracting Party and to their investments any third country with respect to investment activitiesadmission, expansion, management, conduct, operation, maintenance, use, enjoyment and disposal.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments investments, treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to investment activities.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors and covered investments of the investors of any other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party and non-party or to their investments with respect to investment activitiesthe acquisition, establishment, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments enterprises as regards their operation in its territory, treatment no less favourable than the treatment it accords accords, in like circumstances situations, to investors of a non- Contracting Party third country and to their investments with respect to investment activitiesenterprises.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party and to their investments any third State with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments investments, treatment no less favourable than the treatment that it accords in like circumstances circumstances, to investors of a non- Contracting Party third State and to their investments investments, with respect to investment activities.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments investments, in relation to their investment activities, treatment no less favourable than the treatment that it accords accords, in like circumstances situations, to investors of a non- Contracting non-Party and to their investments with respect to investment activitiesinvestments.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord provide to the investors of the other Contracting Party party and to their investments of investors of the other party treatment no less favourable than the treatment it accords that accorded in like circumstances to investors and to investments of investors of the other party or of a non- Contracting Party and to their investments with respect to investment activitiescountry that is not a party, except as provided in paragraph 2.

Most-favoured-nation Treatment. 1. Each Contracting Except as provided for in Annex XII, each Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances situations, to investors of a non- Contracting Party any non-party and to their investments with respect to investment activitiesactivities in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investments of investors of the other Contracting Party made or materialized in accordance with the laws and to their investments regulations of the other Party, and investors of the other Party who have made or materialized such investments, treatment no less favourable favorable than the treatment it accords accords, in like circumstances circumstances, to investments made or materialized by investors of a any non- Contracting Party and to their investments with respect to investment activitiesor investors of such investments.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation and sale or other disposition of investments in its territory. 3 For greater certainty, the treatment accorded by a Party under this Article means, with respect to a sub- national government, treatment accorded, in like circumstances, by that sub-national government to investors, and to investments of investors, of a non-Party.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their covered investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting any non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments enterprises as regards their operation in its territory, treatment no less favourable than the treatment it accords accords, in like circumstances situations, to investors of a non- Contracting Party on the date of entry into force of this Agreement, or set up or acquired thereafter, that have been established in accordance with that other Party's applicable laws and to their investments with respect to investment activitiesregulations.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party third State and to their investments investments, with respect to investment activitiesmanagement, conduct, operation, liquidation, sale, transfer or other disposition of investments.

Most-favoured-nation Treatment. 1. Each Contracting With respect to the management, conduct, operation, and sale or other disposition of investments, each Party shall in its Area accord to investors of the other Contracting Party and to their covered investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investments in its Areas of investors of a non- Contracting Party and to their investments with respect to investment activitiesany third Party.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to the establishment, acquisition, expansion, management, conduct, operation and sale or other disposition of an investment activitiesin its territory.

Most-favoured-nation Treatment. 11 . Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party and to their investments nonParty with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area territory accord to investments of investors of the other Contracting Party and to their investments treatment no less favourable than the treatment it accords accords, in like circumstances circumstances, to investment of investors of a non- Contracting Party and to their investments with respect to investment activitiesany non-Party.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party otherParty and to their investments treatment no less favourable than the treatment favourablethan that it accords in like circumstances to investors of a non- Contracting non-Party and to their investments with respect to investment toinvestment activities.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord immediately and unconditionally to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances situations, to investors of a non- Contracting Party any other country and to their investments investments, with respect to investment activitiesthe application of provisions set out in this Agreement in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party Party, subject to its laws and regulations, shall in its Area accord to investors of the other Contracting another Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting any non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors an investor of the other Contracting Party and to their investments treatment no less favourable favorable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of an investment activitiesin its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments party treatment no less favourable than the treatment it accords that accorded to investors in like circumstances to investors of a non- Contracting Party and to their investments any non-party with respect to investment activitiesthe establishment, expansion and acquisition, administration, management, operation and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords in like circumstances to investors of a non- Contracting Party third party and to their investments investments, with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party and to their investments any third party with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord immediately and unconditionally to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances situations, to investors of a non- Contracting Party any other country and to their investments investments, with respect to investment activitiesthe application of this agreement in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors an investor of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party and to their investments nonParty with respect to the establishment, acquisition, expansion, management, Conduct, operation and sale or other disposition of an investment activitiesin its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors an investor of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party and to their investments with respect to the establishment, acquisition, expansion, management, conduct, operation and sale or other disposition of an investment activitiesin its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party Party, and covered investments, in relation to their the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory, treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors and investments in its territory of a non- Contracting Party and to their investments with respect to investment activitiesinvestors of any non-Party.

Most-favoured-nation Treatment. 1. Each Contracting Subject to its laws and regulations in force when the investment was made, each Party shall in its Area accord to investors of the other Contracting Party and to their investments party treatment no less favourable than the treatment it accords that accorded in like circumstances to investors of a non- Contracting Party and to their investments non-party with respect to investment activitiesthe expansion, administration, management, operation and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors Investors and Investments of the other Contracting Party and to their investments treatment no less favourable favorable than the treatment that it accords accords, in like circumstances circumstances, to investors Investors and Investments of a any non- Contracting Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of Green Investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the ofthe other Contracting Party and to their investments treatment no less favourable lessfavourable than that it accordsi,n like circumstancesto, investorsof anythird party with respectto the treatment it accords in like circumstances to investors establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of a non- Contracting Party and to their investments with respect to investment activitiesinvestmentsin its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable favorable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting any non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of any other Party or a non- Contracting non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party and to their investments any other State with respect to investment activitiesthe management, conduct, operation, and disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments covered enterprises treatment no less favourable than the treatment that which it accords accords, in like circumstances situations, to investors of a non- Contracting Party third country and to their investments enterprises, with respect to investment activitiesestablishment and operation in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment Than that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party third State and to their investments investments, with respect to investment activitiesmanagement, conduct, operation, liquidation, sale, transfer or other disposition of investments.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments party treatment no less favourable than the treatment it accords that accorded in like circumstances to investors of a non- Contracting Party and to their investments non-party with respect to investment activitiesthe establishment, expansion and acquisition, administration, management, operation and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. • 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to investment activitiesthe establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments party treatment no less favourable than the treatment it accords that accorded in like circumstances to investors of a non- Contracting Party country that is not a party, as regards the management, leadership, operation and to their sale or other disposition of investments with respect to investment activitiesin its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments as regards the establishment of an enterprise in its territory, treatment no less favourable than the treatment it accords accords, in like circumstances situations, to investors and investments of a non- Contracting Party and to their investments with respect to investment activitiesany non-Party.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party Party, and covered investments, in relation to their the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory, treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors and investments in its territory of a non- Contracting investors of any non-Party and to their investments with respect to investment activities.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting non-Party and to their investments with respect to investment activitiesthe establishment, expansion, management, conduct, operation and sale or other disposition of investments in its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party to this Chapter shall in its Area accord to investors of the other Contracting Party to this Chapter and investments of an investor of the other Party to their investments this Chapter treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting Party any third country and to their investments with respect to investment activitiesin its territory.

Most-favoured-nation Treatment. 1. Each Contracting Party shall in its Area accord to investors of the other Contracting another Party and to their investments treatment no less favourable than the treatment that it accords accords, in like circumstances circumstances, to investors of a non- Contracting any non-Party and to their investments with respect to investment activitiesthe expansion, management, conduct, operation, and sale or other disposition of investments in its territory.