Common use of Compensation for Damages or Losses Clause in Contracts

Compensation for Damages or Losses. Where investors in one of the two Contracting Parties suffer losses in their investments in the territory of the other Party due to wars or other armed conflicts, emergency situations or other similar events, the Contracting Party in which the investment was made, will provide adequate compensation. Payments will take place without undue delay and will be freely transferable. The investors concerned will be treated in the same way as the investors of the obligated Contracting Party and, in any case, will be treated no less favorably than investors from third countries.

Appears in 14 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

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Compensation for Damages or Losses. Where investors in of one of the two Contracting Parties suffer losses in their investments in the territory of the other Party due to wars or other armed conflicts, emergency situations states or other similar political and economic events, the Contracting Party in which the The investment was made, invested will provide adequate compensationgrant compensation in respect of compensation not less favorable than that accorded to its nationals or legal persons or investors of any third State. Payments will take place without undue delay and will be freely transferable. The investors concerned will be treated in the same way as the investors of the obligated Contracting Party and, in any case, will be treated no less favorably than investors from third countries.

Appears in 5 contracts

Samples: Investment Protection Agreement, Investment Agreement, Investment Agreement

Compensation for Damages or Losses. Where 1. Should investors in one either of the two Contracting Parties suffer losses in any loss or damage to their investments investment in the territory of the other Contracting Party due to wars or wars, other forms of armed conflictsconflict, emergency situations states, civil wars or other similar events, the Contracting Party in In which the investment was made, will provide adequate compensationcompensation for such losses or damages, irrespective of whether they have been caused by government forces or other entities. Payments will take place without undue delay and will be freely transferable. The investors Investors concerned will be treated in receive the same way treatment as for the investors citizens of the obligated other Contracting Party and, and in any case, will be treated no case not less favorably favorable than investors from third countriesthose accorded to third-country investors.

Appears in 2 contracts

Samples: Investment Protection Agreement, Investment Agreement

Compensation for Damages or Losses. Where If investors in one either of the two Contracting Parties suffer losses in their investments in the territory of the other Contracting Party due to wars or because of war, other forms of armed conflictsconflict, an emergency situations situation or other similar events, the Contracting Party in which the investment was made, 'Investment will provide pay investors adequate compensationcompensation in respect of those losses. Payments will take place without undue delay and will The related payments can be freely transferabletransferred without unjustified delays. The investors concerned will be treated in receive the same way treatment as the investors citizens of the obligated other Contracting Party and, in Party; In any case, the treatment reserved to them will be treated no less favorably favorable than investors from third countriesthat accorded to third-country investors.

Appears in 2 contracts

Samples: Bilateral Investment Agreement, Investment Agreement

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Compensation for Damages or Losses. Where investors in one If the Investors of the two either Contracting Parties Party suffer losses in their investments the Investments that they have made in the territory of the other Party due to wars war or other armed conflicts, emergency situations states or other similar events, the Contracting Party in which it was the affected investment was made, will provide offer adequate compensation. Payments will take place without undue delay and will be freely transferable. The investors Investors concerned will be treated in have the same way treatment as the investors citizens of the obligated obliging Contracting Party and, and in any case, case will be treated have no less favorably favorable treatment than investors from third countriesthose accorded to third-country investors.

Appears in 1 contract

Samples: Investment Promotion and Protection Agreement

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