Common use of Compensation and Suspension of Benefits Clause in Contracts

Compensation and Suspension of Benefits. 1. If the Party concerned fails to bring the measure found to be inconsistent with the Agreement into compliance with the award of the arbitral tribunal under paragraph 2 of Article 15.11 within 20 days of the report of that arbitral tribunal being provided to the Parties, that Party shall, if so requested, enter into negotiations with the complaining Party with a view to reaching a mutually acceptable compensation or solution.

Appears in 10 contracts

Samples: Comprehensive Economic Cooperation Agreement, Comprehensive Economic Cooperation Agreement, Comprehensive Economic Cooperation Agreement

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Compensation and Suspension of Benefits. 1. If the Party concerned fails to bring the measure found to be inconsistent with the Agreement into compliance with the award recommendations of the arbitral tribunal under paragraph 2 of Article 15.11 9.2 within 20 days of the report of that arbitral tribunal being provided to the Parties, that Party shall, if so requested, enter into negotiations with the complaining Party with a view to reaching a mutually acceptable compensation or solutionsatisfactory agreement on any necessary compensatory adjustment.

Appears in 2 contracts

Samples: Australia Free Trade Agreement, Australia Free Trade Agreement

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