Common use of Compensation for Damages and Losses Clause in Contracts

Compensation for Damages and Losses. 1. Investors of one Contracting Party, whose investments in the territory of the State of the other Contracting Party suffer losses owing to armed clash, a state of emergency, insurrection or other similar events in the territory the State of of the latter Contracting Party, shall be accorded by the other Contracting Party, as regards restitution, indemnification, compensation and other settlements, no less favorable treatment than that accorded to the investors of its own or any third State, whichever is more favorable to the investor concerned. 2. Investments by investors of one Contracting Party that, in any of the situations referred to in Paragraph 1 of this Article, suffer losses in the territory of State of the other Contracting Party resulting from requisitioning or destruction of an investment or a part thereof by the latter's armed forces or authorities, which was not caused in combat action or was not required by the necessity of situation, shall be accorded restitution or appropriate compensation.

Compensation for Damages and Losses. 1. Investors of one Contracting Party, Party whose investments in the territory of the State of the other Contracting Party suffer losses owing to armed clashwar, a state of national emergency, insurrection insurrection, riot or other similar events in the territory the State of of the latter Contracting Party, Party shall be accorded by the other latter Contracting PartyParty treatment, as regards restitution, indemnification, compensation and other settlements, no less favorable treatment favourable than that accorded to the investors of its own or any third State, whichever is more favorable favourable to the investor concerned. 2. Investments by investors Notwithstanding paragraph 1), an investor of one Contracting Party thatwho, in any of the situations referred to in Paragraph 1 of this Articlethat paragraph, suffer losses suffers a loss in the territory of State of the other Contracting Party resulting from from: a) requisitioning or destruction of an its investment or a part thereof by the latter's armed forces or authorities; or b) destruction of its investment or part thereof by the latter's forces or authorities, which was not caused in combat action or was not required by the necessity of the situation, shall be accorded by the latter Contracting Party restitution or appropriate compensation. Resulting payments shall be made without delay and be freely transferable.

Compensation for Damages and Losses. 1. Investors of one Contracting Party, Party whose investments in the territory of the State of the other Contracting Party suffer losses owing to armed clashwar, a state of national emergency, insurrection insurrection, riot or other similar events in the territory the State of of the latter Contracting Party, shall be accorded by the other latter Contracting PartyParty treatment, as regards restitution, indemnification, compensation and other settlements, settlements no less favorable treatment than that accorded to the investors of its own or any third State, whichever is more favorable to the investor concerned. 2. Investments by Without prejudice to Paragraph 1 of this Article, investors of one Contracting Party thatwho, in any of the situations referred to in Paragraph 1 of this Articlethat Paragraph, suffer losses in the territory of State of the other Contracting Party resulting from from: (a) requisitioning or destruction of an investment or a part thereof their property by the latter's ’s armed forces or authorities, or (b) destruction of their property by the latter’s armed forces or authorities, or which was not caused in combat action or was not required by the necessity of situation, shall be accorded restitution or appropriate reasonable compensation.

Compensation for Damages and Losses. 1. Investors of one Contracting Party, whose investments in the territory of the State of the other Contracting Party suffer losses owing to an armed clashconflict, a state of emergency, an insurrection or other similar events event in the territory the State of of the latter Contracting Party, shall be accorded by the other Contracting Party, as regards restitution, indemnification, compensation and or other settlements, no less favorable favourable treatment than that accorded to the investors of its own or any third State, whichever is more favorable favourable to the investor concerned. 2. Investments by investors of one Contracting Party that, in any of the situations referred to in Paragraph 1 of this Article, suffer losses in the territory of State of the other Contracting Party resulting from requisitioning the requisition or destruction of an investment or a part thereof by the latter's armed forces or authorities, which was not caused in due to combat action or was not required by the necessity of the situation, shall be accorded restitution or appropriate reasonable compensation.

Compensation for Damages and Losses. 1. Investors of one Contracting Party, whose investments in the territory of the State of the other Contracting Party suffer losses owing to armed clash, a state of emergency, insurrection or other similar events in the territory the State of of []the latter Contracting Party, shall be accorded by the other Contracting Party, as regards restitution, indemnification, compensation and other settlements, no less favorable treatment than that accorded to the investors of its own or any third State, whichever is more favorable to the investor concerned. 2. Investments by investors of one Contracting Party that, in any of the situations referred to in Paragraph 1 of this Article, suffer losses in the territory of State of the other Contracting Party resulting from requisitioning or destruction of an investment or a part thereof by the latter's ’s armed forces or authorities, which was not caused in combat action or was not required by the necessity of situation, shall be accorded restitution or appropriate compensation.

Compensation for Damages and Losses. 1. Investors Investments by investors of one Contracting Party, whose investments contracting Party in the territory of the State of the other Contracting Party that suffer losses owing to armed clashwar, a state of national emergency, insurrection insurrection, riot or other similar events in the territory the State of of the latter Contracting Party, shall be accorded by the other latter Contracting PartyParty treatment, as regards restitution, indemnification, compensation and or other settlements, no settlements on less favorable treatment favourable than that accorded to the investments by its own investors or investments by investors of its own or any third State, whichever is the more favorable favourable according to the investor concerned. 2. Investments by investors of one Contracting Party that, in any of the situations referred to in Paragraph 1 of this Article, suffer losses in the territory of State of the other Contracting Party resulting from requisitioning or destruction of an investment or a part thereof by the latter's armed forces or authorities, which was not caused in combat action or was not required by the necessity of situation, situation shall be accorded restitution or appropriate compensationcompensation that is equivalent to the value of such losses.

Compensation for Damages and Losses. 1. Investors Investments by "investors of one Contracting Party, whose investments Party in the territory of the State of the other Contracting Party that suffer losses owing to armed clashwar, a state of national emergency, insurrection insurrection, riot or other similar events in the territory the State of of the latter Contracting Party, shall be accorded by the other latter Contracting PartyParty treatment, as regards restitution, indemnification, compensation and or other settlements, no settlements on less favorable treatment favourable than that accorded accorded-to the investments by its own investors or investments by investors of its own or any third State, whichever is the more favorable favourable according to the investor concerned. 2. Investments by investors of one Contracting Party that, in any of the situations referred to in Paragraph paragraph 1 of this Article, suffer losses in in. the territory of State of the other Contracting Party resulting from requisitioning or destruction of an investment or a part thereof by the latter's armed forces or authorities, which was not caused in combat action or was not required by fey the necessity of situation, situation shall be accorded restitution or appropriate compensationcompensation that is equivalent to the value of such losses.