Common use of Compensation for Damage or Losses Clause in Contracts

Compensation for Damage or Losses. 1 . Should investors of one of the Contracting Parties incur losses or damages on their investments in the territory of the other Contracting Party due to war, other forms of armed conflict, a state of emergency, civil strife or other similar events, the Contracting Party in which the investment has been effected shall offer adequate compensation in respect of such losses or damages, irrespective whether such losses or damages have been caused by governmental forces or other subjects. Compensation payments shall be freely transferable without undue delay. The investors concerned shall receive the same treatment as the nationals of the other Contracting Party and, at all events, no less favourable then investors of Third States.

Appears in 8 contracts

Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement

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Compensation for Damage or Losses. 1 . Should investors of one of the Contracting Parties incur losses or of damages on their investments in the territory of the other Contracting Party due to war, other forms of armed conflict, a state of emergency, civil strife or other similar events, the Contracting Party in which the investment has been effected shall offer adequate compensation in respect of such losses or damages, irrespective whether such losses or damages have been caused by governmental forces or of other subjects. Compensation payments shall be freely transferable without undue delay. The investors concerned shall receive the same treatment as the nationals of the other Contracting Party and, at all events, no less favourable then than that of investors of Third States.

Appears in 4 contracts

Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement

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Compensation for Damage or Losses. 1 . Should If investors of one of the Contracting Parties Party incur losses or damages on their investments in the territory of the other Contracting Party due to war, other forms of armed conflict, ; a state of emergency, civil strife or other similar events, the Contracting Party in which the investment has been effected shall offer adequate compensation in respect of such losses or damages, irrespective whether such losses or damages have been caused by governmental forces or other subjects. Compensation payments shall be freely transferable without undue delay. The investors concerned shall receive the same treatment as the nationals of the other Contracting Party and, concerned and at all events, no less favourable then than that of the investors of Third States.

Appears in 1 contract

Samples: Investment Protection Agreement

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