Common use of Losses or Damages Clause in Contracts

Losses or Damages. 1. Investors of either Contracting Party whose investments suffer losses or damages due to any armed conflict, revolution, insurrection, civil disturbance or any other similar state of emergency in the Territory of the other Contracting Party shall be accorded by the other Contracting Party treatment as regards restitution, indemnification, compensation or any other settlement no less favourable than that accorded to its own investors or to investors of any non-Contracting party, whichever is more favourable to the investors of former Contracting Party.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

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