Common use of Compensation for Damages or Losses Clause in Contracts

Compensation for Damages or Losses. Should investors of either Contracting Parties incur into losses or damages on covered investments in the territory of the other Contracting Party due to war or other forms of armed conflict, a state of emergency, revolution, insurrection, civil strife or any other similar events, they shall be offered by the latter Contracting Party adequate compensation in respect of such losses or damages, irrespective of whether they have been caused by governmental forces or other subjects. Compensation payments shall be made in freely convertible currency and freely transferred without undue delay. The investor concerned shall receive in any case treatment no less favourable than that which each Contracting Party accords to its own nationals and investors or investors of any third State.

Compensation for Damages or Losses. Should investors of either one of the Contracting Parties incur into losses or damages on covered their investments in the territory of the other Contracting Party due to war or war, other forms of armed conflict, a state of emergency, revolution, insurrection, civil strife or any other similar events, they shall be offered by the latter Contracting Party adequate compensation in which the investment has been effected, in respect of compensation for such losses or damages, irrespective of whether they such losses or damages have been caused by governmental forces or other subjects. Compensation payments , shall be made in freely convertible currency and freely transferred without undue delay. The investor offer 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 than that which each Contracting Party accords to its own nationals and investors or of investors of any third StateThird States. Any compensation payable shall be freely transferable without undue delay.

Compensation for Damages or Losses. Should investors of either one of the Contracting Parties incur into losses or damages on covered their investments in the territory of the other Contracting Party due to war or other forms of armed conflictsimilar events, a state of emergency, revolution, insurrection, civil strife (revolts or any riots) or other similar events, they shall be offered by the latter Contracting Party in which the investment has been effected shall offer adequate compensation in respect of such losses or damages, irrespective of whether they or not such losses or damages have been caused by governmental forces or other subjectsforces. Compensation payments shall be made in freely convertible currency and freely transferred transferable without undue delay. The investor 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 than that which each Contracting Party accords the one accorded to its own nationals and investors or investors of any third StateThird States, as indicated in paragraph 1 and 2, Article 3, of the present Agreement.