Common use of Compensation for Damages Clause in Contracts

Compensation for Damages. 1. In the event that one Contracting Party suffers damage to investments of the other Contracting Party due to war or other armed conflict, state of emergency, revolt, civil disorder, riot, insurrection or similar events as set forth in Article 6, the reimbursement, the reimbursement of its reimbursement and the loss of or damage to other matters, shall be deemed to be less favorable than the mode created by the other Contracting Party for its own investors or investors of any third State creates regimes.

Appears in 2 contracts

Samples: Agreement, Agreement

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Compensation for Damages. 1. In the event that one When investments of investors of either Contracting Party suffers result in damage to investments of the other Contracting Party due to caused by war or other armed conflict, public disturbances, state of emergency, revolt, civil disorder, riotrevolution, insurrection or other similar events as set forth in Article 6the territory of the other Contracting Party, they will be granted the reimbursementlast Contracting Party a regime for restitution, the reimbursement compensation, Indemnification or other type of its reimbursement and the loss of or damage to other matterspayment, shall be deemed to be no less favorable than the mode created treatment accorded by the other last Contracting Party for to its own investors or investors of any third State creates regimesState, whichever is ybilsh favorable to the investors concerned.

Appears in 2 contracts

Samples: edit.wti.org, edit.wti.org

Compensation for Damages. 1. In the event that Investors of one Contracting Party suffers damage to whose investments in the territory of the other Contracting Party due to war or other has suffered damage as a result of war, armed conflict, a state of emergency, revolt, civil disorder, riot, insurrection strife or similar events circumstances in compensation incurred as set forth in Article 6a result of the foregoing circumstances, the reimbursementdamage is provided, the reimbursement of its reimbursement and the loss of or damage to other matters, shall be deemed to be not less favorable than the mode created by the other Contracting Party for its own investors or investors applied in respect of any third State creates regimesthird-country investors.

Appears in 1 contract

Samples: Agreement

Compensation for Damages. 1. In the event that one Investors of a Contracting Party suffers damage to whose investments suffer losses through war, armed conflict, national emergency, coup, uprising, rebellion or other similar events in the territory of the other Contracting Party due to war shall be accorded by the last Contracting Party a restitution, compensation or other armed conflictcounter-guarantee regime, state of emergency, revolt, civil disorder, riot, insurrection or similar events as set forth in Article 6, the reimbursement, the reimbursement of its reimbursement and the loss of or damage to other matters, shall be deemed to be less not Less favorable than that which the mode created by the other latter Contracting Party for grants to its own investors or investors of any third State creates regimescountry, whichever is the more favorable.

Appears in 1 contract

Samples: edit.wti.org

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Compensation for Damages. 1. In the event that Investors of one Contracting Party suffers damage to whose investments of the other Contracting Party have suffered losses due to war or other war, armed conflict, state of emergency, revoltuprising, civil disorderrebellion, riotrebellion, insurrection or other similar events as set forth in Article 6, the reimbursement, the reimbursement territory of its reimbursement and the loss of or damage to other matters, shall be deemed to be less favorable than the mode created by the other Contracting Party for shall allow the other party to be repaid, reimbursed, compensated or treated in other ways which is at least as favorable as that afforded by a contracting party to its own investors or investors of in any third State creates regimescountry. The corresponding payments must be free of charge without delay and without delay in freely convertible currencies.

Appears in 1 contract

Samples: Agreement

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