Common use of Compensation for Damage or Loss Clause in Contracts

Compensation for Damage or Loss. 1. Investments of investors of one and the other party to the contract shall, in the event of loss or damage arising from war, armed conflict, emergency situation, disturbances, rebellion, rebellion or other similar situation in the territory of the other Contracting Party as regards compensation, loss insurance, compensation or other will not be treated less favorably than the investments of its own investors or investors of a third country. 2. For damages or losses, fair and adequate compensation shall be provided during the time of seizure or as a result of the destruction of the property. The resulting payment will immediately convert freely and transfer freely.

Appears in 8 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

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