Compensation for Damages or Losses. Should investors of either Contracting Parties incur losses or damages on their investments in the territory of the other Contracting Party due to war, other forms of armed conflict, a state of emergency, civil strife or other similar events, the Contracting Party in whose territory the investment has been effected shall offer adequate compensation in respect of such losses or damages. Compensation payments shall be made in freely convertible currency, freely transferable without undue delay. The investors concerned shall receive in any case the same treatment as the nationals of the other Contracting Party and, at all events, no less favourable treatment than investors of Third Stales.
Appears in 13 contracts
Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement
Compensation for Damages or Losses. Should investors of either one of the Contracting Parties incur losses or damages on their investments in the territory of the other Contracting Party due to war, other forms of armed conflict, a state of emergency, civil strife or other similar events, the Contracting Party in whose territory which the investment has been effected shall offer adequate compensation in respect of such losses or damages, whether or not such losses or damages have been caused by governmental forces. Compensation payments shall be made in freely convertible currency, freely transferable without undue delay. The investors concerned shall receive in any case the same treatment as the nationals of the other Contracting Party and, at all events, no less favourable treatment than the one accorded to investors of Third StalesStates.
Appears in 7 contracts
Samples: Investment Protection Agreement, Investment Agreement, Investment Promotion and Protection Agreement