Compensation for Damages Due to War and Similar Events Sample Clauses

Compensation for Damages Due to War and Similar Events. 1. Each Party shall accord national and most favored nation treatment to covered investments as regards any measure relating to losses that investments suffer in its territory owing to war or other armed conflict, revolution, state of national emergency, insurrection, civil disturbance, or similar events.
AutoNDA by SimpleDocs
Compensation for Damages Due to War and Similar Events. 1. Nationals or companies of either Party whose investments in the territory of the other Party suffer
Compensation for Damages Due to War and Similar Events. 1. Nationals or companies of either Party whose investments in the territory of the other Party suffer:
Compensation for Damages Due to War and Similar Events. Paragraph 1 entitles investments covered by the Treaty to the better of national or MFN treatment with respect to any measure relating to losses suffered in a Party’s territory owing to war or other armed conflict, civil disturbances, or similar events. The un- conditional obligation to pay compensation for such losses only arises when the losses result from requestioning or from destruc- tion not required by the necessity of the situation.
Compensation for Damages Due to War and Similar Events. 1. Nationals or companies of either Party whose investments in the territory of the other Party suffer" (a) damages due to war or other armed conflict between such other Party and a third country, or (b) damages due to revolution, state of national emergency, revolt, insurrection, riot or act of terrorism in the territory of such other Party, shall accorded treatment no less favorable than that which such other Party accords to its own nationals or companies and no less favorable than that which it accords to nationals or companies of any third country in matters concerning restitution, indemnification, compensation or other appropriate settlement with respect to such damages.
Compensation for Damages Due to War and Similar Events. 1. Nationals or companies of either Party whose investments in the territory of the other Party suffer" (a) damages due to war or other armed conflict between such other Party and a third country, or (b) damages due to revolution, state of national emergency, revolt, insurrection, riot or act of terrorism in the territory of such other Party, shall accorded treatment no less favorable than that which such other Party accords to its own nationals or companies and no less favorable than that which it accords to nationals or companies of any third country in matters concerning restitution, indemnification, compensation or other appropriate settlement with respect to such damages.

Related to Compensation for Damages Due to War and Similar Events

  • Waiver of Consequential Damages, Etc To the fullest extent permitted by applicable law, the Borrower shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed to such unintended recipients by such Indemnitee through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby other than for direct or actual damages resulting from the gross negligence or willful misconduct of such Indemnitee as determined by a final and nonappealable judgment of a court of competent jurisdiction.

  • Withholding for unpaid wages and liquidated damages The FHWA or the contacting agency shall upon its own action or upon written request of an authorized representative of the Department of Labor withhold or cause to be withheld, from any moneys payable on account of work performed by the contractor or subcontractor under any such contract or any other Federal contract with the same prime contractor, or any other federally-assisted contract subject to the Contract Work Hours and Safety Standards Act, which is held by the same prime contractor, such sums as may be determined to be necessary to satisfy any liabilities of such contractor or subcontractor for unpaid wages and liquidated damages as provided in the clause set forth in paragraph (2.) of this section.

Time is Money Join Law Insider Premium to draft better contracts faster.