Compensation of losses. Investors of one Contracting Party, who suffer losses in respect of their investments in the territory of the other Contracting Party due to war, civil disturbance, a state of national emergency, insurrection, riot or other similar events, shall be accorded the treatment no less favourable than that accorded by the latter Contracting Party to its own investors or to investors of any third State in respect of any measures taken by it in accordance with such loss.
Appears in 3 contracts
Samples: Investment Protection Agreement, Investment Protection Agreement, Investment Protection Agreement
Compensation of losses. 1 Investors of one Contracting Party, who suffer losses in respect of their Party whose investments in the territory of the other Contracting Party suffer Losses due to warwar or other armed conflict, civil disturbance, a state of national emergency, insurrectionrevolt, riot insurrection or riots in the territory of the other Contracting Party, this will provide, in terms of fees, compensation, restitution or other similar eventsmeans of settlement of losses, shall be accorded the treatment no less favourable favorable than that accorded by the latter Contracting other Party to gives its own investors or to investors of any third State state. Payments on this basis shall be made in respect of any measures taken by it in accordance with such lossfreely convertible currency and shall be freely transferable.
Appears in 1 contract
Samples: Investment Agreement
Compensation of losses. Investors of one Contracting Party, who Party whose investments suffer losses in respect owing to war or other armed conflict, revolution, state of their investments emergency, revolt, insurrection, riot or other similar events in the territory of the other Contracting Party due to war, civil disturbance, a state of national emergency, insurrection, riot or other similar events, shall be accorded the treatment no less favourable than that accorded by the latter Contracting Party to its own investors or to investors of any third State in respect of any measures taken by it treatment in accordance with such lossArticle 3 of this Agreement as regards restitution, indemnification, compensation or other settlement.
Appears in 1 contract
Samples: Investment Protection Agreement