Disputes between an Investor and a Contracting Party Sample Clauses

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.
AutoNDA by SimpleDocs
Disputes between an Investor and a Contracting Party. 1. Any dispute which may arise between an investor of one Contracting Party and the other Contracting Party in connection with investments in the territory of the latter will be the subject of consultations between the parties to the dispute.
Disputes between an Investor and a Contracting Party. (1) Disputes between one Contracting Party and an investor of the other Contract- ing Party concerning an obligation of the former under this Agreement in relation to an investment of the latter shall at the request of the investor concerned be submitted to the International Centre for Settlement of Investment Disputes (I.C.S.I.D.), for settlement by arbitration or conciliation under the Convention on the Settlement of Investment Dis- putes between States and Nationals of other States, opened for signature at Washington on March 18, 1965.
Disputes between an Investor and a Contracting Party. Any dispute arising directly from an investment between one Contracting Party and an investor of the other Contracting Party should be settled amicably between the two parties concerned. If the dispute has not been settled within three (3) months from the date on which it was raised in writing, it may, at the choice of the investor, be submitted
Disputes between an Investor and a Contracting Party. 1. Any dispute with respect to the amount of compensation in the case of expropriation may be submitted to the International Centre for Settlement of Investment Disputes for resolution, as follows:
Disputes between an Investor and a Contracting Party. (1) For the purpose of solving any dispute with respect to investments between a Contracting Party and investors of the other Contracting Party, consultations will take place between the parties concerned with a view to solving the case amicably.
Disputes between an Investor and a Contracting Party. This article shall apply to any legal disputes between an investor of one Contracting Party and the other Contracting Party in relation to an investment of the former in the territory of the latter. Any such disputes which have not been amicably settled within a period of six months from written notification of a claim, shall at the request of either party to the dispute be submitted to arbitration for a definitive settlement. For the arbitration procedures shall be applied the arbitration rules of the U.N. Commission of international trade law, as adopted by the general assembly on 15 December 1976. In the event of both contracting parties having become members of the Washington convention of 18 March 1965 on the Settlement of investment disputes between states and nationals of other states, the dispute may upon request of the investor, as an alternative to the procedure mentioned in Paragraph 2 of this article, be submitted to the international center for settlement of investment disputes (ICID). Each Contracting Party hereby consents to submit to ICID any such dispute for settlement under the said Washington convention. If the parties to such a dispute have different opinions as to whether conciliation or arbitration is the more appropriate method of settlement, the investor shall have the right to choose.
AutoNDA by SimpleDocs
Disputes between an Investor and a Contracting Party. 1. This article shall apply to any legal disputes between an investor of one contracting party and the other contracting party in relation to an investment of the former either concerning the amount or payment of compensation under Article V and VI of the present agreement, or concerning any other matter consequential upon an act of expropriation in accordance with Article VI of the present agreement or concerning the consequences of the non-implementation or of the incorrect implementation of Article VII of the present agreement.
Disputes between an Investor and a Contracting Party. Any dispute concerning an investment between an investor of a Contracting Party and the other Contracting Party arising out of an alleged breach of the provisions of this Agreement and the investor has incurred loss or damage by reason of or arising out of such breach shall, to the extent possible, be settled amicably. In order to resolve the dispute amicably, the investor shall notify the Contracting Party, in writing and in detail, of the intention to submit the claim to arbitration in accordance with the provisions of this Agreement. The notice shall document the status of the investor and the investment and shall contain at least the following information:

Related to Disputes between an Investor and a Contracting Party

  • Settlement of Disputes between an Investor and a Contracting Party

  • Settlement of Disputes between the Contracting Parties 1 . Disputes between the Contracting Parties concerning the interpretation or application of this Agreement shall, if possible, be settled through consultation or negotiation.

  • 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 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 the Parties Any dispute between the Parties in connection with this Agreement shall be resolved by arbitration in accordance with the procedures set forth in Exhibit B; provided, however, that either Party may seek a restraining order, temporary injunction, or other provisional relief in any court with jurisdiction over the subject matter of the dispute and sitting in Houston, Texas, if such Party in its sole judgment believes that such action is necessary to avoid irreparable injury or to preserve the status quo ante.

  • Relationship Between Parties Each party will be deemed to represent to the other party on the date on which it enters into a Transaction that (absent a written agreement between the parties that expressly imposes affirmative obligations to the contrary for that Transaction):

Time is Money Join Law Insider Premium to draft better contracts faster.