Settlement of Disputes between an Investor and a Contracting Party Sample Clauses

Settlement of Disputes between an Investor and a Contracting Party. (1) Any dispute between an investor of one Contracting Party and the other Contracting Party in relation to an investment of the former under this Agreement shall, as far as possible, be settled amicably through negotiations between the parties to the dispute.
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Settlement of Disputes between an Investor and a Contracting Party. Any dispute between one Contracting Party and an investor of the other contracting party relating to investments; shall be settled amicably between the two parties concerned. If the dispute cannot be settled within six months from the date of the incident, it shall be submitted upon request of one of the Parties to the Dispute to arbitration, either:
Settlement of Disputes between an Investor and a Contracting Party. (1) Disputes between a Contracting Party and an Investor of another Contracting Party relating to an Investment of the latter in the Area of the former, which concern an alleged breach of an obligation of the former under Part III shall, if possible, be settled amicably.
Settlement of Disputes between an Investor and a Contracting Party. Any dispute concerning the investments occurring between one Contracting Party and a national or company of the other Contracting Party shall be settled amicably between the two parties concerned. If this dispute has not been settled within a period of six months from the date on which it occurred by one or other of the parties to the dispute, it shall be submitted at the request of either party to the arbitration of the International Centre for the Settlement of Investment Disputes (ICSID), created by the Convention for the settlement of disputes in respect of investments occurring between States and nationals of other States signed in Washington on March 18, 1965. In the case where the dispute may involve the responsibility for actions or omissions of sub- sovereign entities of the Contracting Parties as defined in article 1 paragraph 7 of the present Agreement, the aforementioned sub-sovereign entity must give their unconditional consent to the use of arbitration of of the International Centre for the Settlement of Investment Disputes (ICSID), as defined in article 25 of the Convention for the settlement of disputes in respect of investments occurring between States and nationals of other States signed in Washington on March 18, 1965.
Settlement of Disputes between an Investor and a Contracting Party. Any dispute concerning the investments arising between one Contracting Party and an investor of the other Contracting Party shall be settled amicably between the two parties concerned. If the dispute has not been settled within a period of six months from the date on which it arose, it shall be submitted at the request of either party to arbitration by the International Center for the Settlement of Investment - Disputes (ICSID), created by the Convention for the Settlement of Investment Disputes between States and Nationals of other States signed in Washington on March 18, 1965.
Settlement of Disputes between an Investor and a Contracting Party. (1) Any legal dispute between an investor of either Contracting Party and the other Contracting Party relating to an investment which has not been amicably settled may, after a period of six months from written notification of a claim, be submitted to international arbitration if the investor concerned so wishes.
Settlement of Disputes between an Investor and a Contracting Party. Any investment dispute between one Contracting Party and a national or company of the other Contracting Party shall be settled amicably between the two parties concerned. If such a dispute has not been settled within six months from the time it was raised by either party to the dispute, it shall be submitted at the request of either party, unconditionally and notwithstanding any other contractual provision or waiver of international arbitration to arbitration by the International Centre for Settlement of Investment Disputes (ICSID), established by the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, signed in Washington on 18 March 1965. In the event that the dispute is of such a nature as to give rise to liability for the actions or omissions of public authorities or bodies dependent on one of the two Contracting Parties, within the meaning of Article 2 of this Agreement, the said public authority or body shall be obliged to give its unconditional consent to recourse to arbitration by the International Centre for Settlement of Investment Disputes (ICSID), within the meaning of Article 25 of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, signed in Washington on 18 March 1965.
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Settlement of Disputes between an Investor and a Contracting Party. (1) Each Contracting Party hereby consents to submit to the International Centre for the Settlement of Investment Disputes (hereinafter referred to as "the Centre") for settlement by conciliation or arbitration under the Convention on the Settlement of Investment Disputes between States and Nationals of other States opened for signature at Washington on 18 March 1965 any legal dispute arising between that Contracting Party and a national or company of the other Contracting Party concerning an investment of the latter in the territory of the former. A company which is incorporated or constituted under the law in force in the territory of one Contracting Party and in which, before such a dispute arises, the majority of shares are owned by nationals or companies of the other Contracting Party shall in accordance with Article 25(2)(b) of the Convention, be treated for the purposes of the Convention as a company of the other Contracting Party.
Settlement of Disputes between an Investor and a Contracting Party. Any investment dispute between a Contracting Party and an investor of the other Contracting Party shall be settled amicably between the two parties concerned. If such a dispute cannot be settled within six months from the time at which it was raised by either party to the dispute, it shall be submitted at the request of either party to the dispute to arbitration by the International Centre for Settlement of Investment Disputes (ICSID) established by the Convention on the Settlement of Investment Disputes between States and Nationals of Other States done at Washington on 18 March 1965. If one of the contracting parties is not a party to the Convention mentioned above, the dispute shall be submitted at the request of either party to the dispute to arbitration by an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL).

Related to Settlement of Disputes between an Investor and a Contracting Party

  • Disputes between an Investor and a Contracting Party (1) Any dispute concerning an investment between an investor of one Contracting Party and the other Contracting Party shall, if possible, be settled amicably.

  • Settlement of Disputes between an Investor and a Contracting Party

  • Settlement of Disputes between Contracting Parties (1) Disputes between Contracting Parties regarding the interpretation or application of the provisions of this Agreement shall be settled through official channels.

  • Disputes between a Contracting Party and an Investor of the other Contracting Party

  • Settlement of Disputes between the Contracting Parties 1. Disputes between the Contracting Parties concerning the interpretation or application of this Agreement should, if possible, be settled through diplomatic channels.

  • Settlement of Disputes between the Parties 1. Any dispute between the Parties concerning the interpretation or application of this Chapter shall, as far as possible, be settled with consultation through diplomatic channel. 2. If a dispute cannot thus be settled within 6 months, it shall, upon the request of either Party, be submitted to an ad hoc arbitral tribunal. 3. Such tribunal comprises of 3 arbitrators. Within 2 months of the receipt of the written notice requesting arbitration, each Party shall appoint one arbitrator. Those 2 arbitrators shall, within further 2 months, together select a national of a third State having diplomatic relations with both Parties who, upon approval by the Parties, shall be appointed as Chairman of the arbitral tribunal. 4. If the arbitral tribunal has not been constituted within 4 months from the receipt of the written notice requesting arbitration, either Party may, in the absence of any other agreement, invite the President of the International Court of Justice to make any necessary appointments. If the President is a national of either Party or is otherwise prevented from discharging the said functions, the Member of the International Court of Justice next in seniority who is not a national of either Party or is not otherwise prevented from discharging the said functions shall be invited to make such necessary appointments. 5. The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the principles of international law recognized by both Parties. 6. The arbitral tribunal shall reach its award by a majority of votes. Such award shall be final and binding upon both Parties. The arbitral tribunal shall, upon the request of either Party, explain the reasons of its award. 7. Each Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Parties.

  • Disputes between Contracting Parties (1) Disputes between Contracting Parties regarding the interpretation or application of the provisions of this Agreement shall be settled through diplomatic channels.

  • Disputes between the Contracting Parties 1. Any dispute between the Contracting Parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled through negotiation.

  • Settlement of Disputes between a Contracting Party and an Investor of the other Contracting Party

  • Settlement of Investment Disputes between a Contracting Party and an Investor of the other Contracting Party

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