Common use of Compensation of losses Clause in Contracts

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: Agreement, Agreement, Agreement

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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: Agreement

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