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 other Contracting Party suffer losses owing to war or other armed conflict, a state of national emergency, revolt, insurrection or riot in the territory of the latter Contracting Party, shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement no less favourable than that which the latter Contracting Party accords to the investors of its own or any third State. The compensation shall be freely transferable.

Appears in 6 contracts

Samples: Bilateral Investment Treaty Agreement, Agreement, Agreement

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Compensation for Damages and Losses. (1) . Investors of one Contracting Party whose investments in the territory of the other Contracting Party suffer losses owing to war or other armed conflictwar, a state of national emergency, revoltinsurrection, insurrection riot or riot other similar events in the territory of the latter Contracting Party, Party shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or and other settlement settlements, no less favourable than that which the latter Contracting Party accords accorded to the investors of its own or any third State. The compensation shall be freely transferable, whichever is more favourable to the investor concerned.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

Compensation for Damages and Losses. (1) . Investors of one Contracting Party whose investments in the territory of the other Contracting Party suffer losses owing to war or other armed conflict, revolution, a state of national emergency, revolt, insurrection or riot in the territory of the latter Contracting Party, Party shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement no settlement, not less favourable than that which the latter Contracting Party accords to the investors of its own or any third State. The compensation shall be freely transferable.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

Compensation for Damages and Losses. (1) Investors of one Contracting Party Party, whose investments in the territory of the other Contracting Party suffer suffered losses owing to war or other armed conflict, a state of national emergencyemergency or other similar events shall, revoltas regards compensation or other forms of settlement, insurrection or riot in the territory of the latter Contracting Party, shall be accorded Accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement no treatment not less favourable than that which the latter Contracting Party accords to its own investors or to the investors of its own or any third State. The compensation Any Payment made under this Article shall be freely transferabletransferable without undue delay.

Appears in 3 contracts

Samples: edit.wti.org, arbitrationlaw.com, investmentpolicy.unctad.org

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Compensation for Damages and Losses. (1) , Investors of one Contracting Party whose investments in the territory of the other Contracting Party suffer losses owing to war or other armed conflictwar, a state of national emergency, revoltarmed conflicts, insurrection insurrection, riot or riot other similar events in the territory of the latter Contracting Party, shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or and other settlement settlements no less favourable favorable than that which the latter Contracting Party accords accorded to the investors of its own or any third State. The compensation shall be freely transferable.

Appears in 2 contracts

Samples: Agreement, Agreement

Compensation for Damages and Losses. (1) . Investors of one Contracting Party whose investments in the territory of the other Contracting Party suffer losses owing to war or other any kind of armed conflict, a state of national emergency, revolt, insurrection emergency or riot civil disturbances in the territory of the latter Contracting Party, Party shall be accorded by the latter Contracting Party treatment, as regards restitution, indemnification, compensation or other settlement Settlement, no less favourable than that which the latter Contracting Party accords to the its own investors or investors of its own or any third State. The compensation shall be freely transferable.

Appears in 2 contracts

Samples: Agreement, Agreement

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