Common use of Compensation for Damages Due to War and Similar Events Clause in Contracts

Compensation for Damages Due to War and Similar Events. Nationals or companies of either Party whose investments or returns in the territory of either Party suffer (a) Damages due to war or other armed conflict between such other Party and a third country or (b) Damages due to any kind of civil disturbance or insurrection in the territory of such other Party, Shall be accorded treatment no less favorable than that which such other Party accords to its own nationals or companies or to nationals or companies of any third country, whichever is the most favorable treatment, when making restitution, indemnification, compensation or other appropriate settlement with respect to such damages.

Compensation for Damages Due to War and Similar Events. Nationals or companies of either Party whose investments or returns in the territory of either Party suffer (a) Damages damages due to war or other armed conflict between such other Party and a third country or (b) Damages damages due to any kind of civil disturbance or insurrection in the territory of such other Partyparty, Shall shall be accorded treatment no less favorable than that which such other Party accords to its own nationals or companies or to nationals or companies of any third country, whichever is the most favorable treatment, when making restitution, indemnification, compensation or other appropriate settlement with respect to such damages.

Compensation for Damages Due to War and Similar Events. Nationals or companies of either Party whose investments or returns in the territory of either Party suffer (a) Damages damages due to war or other armed conflict between such other Party and a third country or (b) Damages damages due to any kind of civil disturbance or insurrection in the territory of such other Party, Shall shall be accorded treatment no less favorable than that which such other Party accords to its own nationals or companies or to nationals or companies of any third country, whichever is the most favorable treatment, when making restitution, indemnification, compensation or other appropriate settlement with respect to such damages.