Common use of Denial of Benefits Clause in Contracts

Denial of Benefits. 1. A Contracting Party may deny the benefits of this Agreement to an investor of the other Contracting Party that is an enterprise of the other Contracting Party and to its investments if the enterprise is owned or controlled by an investor of a non-Contracting Party and the denying Contracting Party: (a) does not maintain diplomatic relations with the non-Contracting Party; or (b) adopts or maintains measures with respect to the non-Contracting Party that prohibit transactions with the enterprise or that would be violated or circumvented if the benefits of this Agreement were accorded to the enterprise or to its investments. 2. A Contracting Party may deny the benefits of this Agreement to an investor of the other Contracting Party that is an enterprise of the other Contracting Party and to its investments if the enterprise is owned or controlled by an investor of a non-Contracting Party and the enterprise has no substantial business activities in the Area of the other Contracting Party.

Denial of Benefits. 1. A Contracting Party may deny the benefits of this Agreement to an investor of the other Contracting Party that is an enterprise of the that other Contracting Party and to its investments if the enterprise is owned or controlled by an investor of a non-Contracting Party and the denying Contracting Party: (a) does not maintain diplomatic relations with the non-Contracting Party; or (b) adopts or maintains measures with respect to the non-Contracting Party that prohibit transactions with the enterprise or that would be violated or circumvented if the benefits of this Agreement were accorded to the enterprise or to its investments. 2. A Contracting Party may deny the benefits of this Agreement to an investor of the other Contracting Party that is an enterprise of the other Contracting Party and to its investments if the enterprise is owned or controlled by an investor of a non-Contracting Party and the enterprise has no substantial business activities in the Area of the other Contracting Party.

Denial of Benefits. 1. A Contracting Party may deny the benefits of this Agreement to an investor of the other another Contracting Party that is an enterprise of the other latter Contracting Party and to its investments if the enterprise is owned or controlled by an investor of a non-Contracting Party and the denying Contracting Party: (a) does not maintain diplomatic normal economic relations with the non-Contracting Party; or (b) adopts or maintains measures with respect to the non-Contracting Party that prohibit transactions with the enterprise or that would be violated or circumvented if the benefits of this Agreement were accorded to the enterprise or to its investments. 2. A Contracting Party may deny the benefits of this Agreement to an investor of the other another Contracting Party that is an enterprise of the other latter Contracting Party and to its investments if the enterprise is owned or controlled by an investor of a non-Contracting Party or of the denying Contracting Party, and the enterprise has no substantial business activities in the Area territory of the other latter Contracting Party.

Denial of Benefits. (1. ) A Contracting Party may deny the benefits of this Agreement to an investor of the other Contracting Party and to investments of that investor if persons of a non-Party own or control such investor and the denying Contracting Party: (a) does not maintain diplomatic relations with such non-Party; or (b) adopts or maintains measures with respect to such non-Party that prohibit transactions with the investor or that would be violated or circumvented if the benefits of this Agreement were accorded to the investor or to its investments. (2) A Contracting Party may deny the benefits of this Agreement to an investor of the other Contracting Party that is an enterprise of the such other Contracting Party and to its investments of that investor if the enterprise is owned or controlled by an investor of a non-Contracting Party and the denying Contracting Party: (a) does not maintain diplomatic relations with the non-Contracting Party; or (b) adopts or maintains measures with respect to the non-Contracting Party that prohibit transactions with the enterprise or that would be violated or circumvented if the benefits of this Agreement were accorded to the enterprise or to its investments. 2. A Contracting Party may deny the benefits of this Agreement to an investor of the other Contracting Party that is an enterprise of the other Contracting Party and to its investments if the enterprise is owned or controlled by an investor of a non-Contracting Party and the enterprise has no substantial business activities in the Area territory of the other Contracting Party and persons of a non-Party, or of the denying Contracting Party, own or control the enterprise.

Denial of Benefits. (1. ) A Contracting Party may deny the benefits of this Agreement to an investor of the other Contracting Party and to investments of that investor if persons of a non-Party own or control such investor and the denying Contracting Party: (a) Does not maintain diplomatic relations with such non-Party; or (b) Adopts or maintains measures with respect to such non-Party that prohibit transactions with the investor or that would be violated or circumvented if the benefits of this Agreement were accorded to the investor or to its investments. (2) A Contracting Party may deny the benefits of this Agreement to an investor of the other Contracting Party that is an enterprise of the such other Contracting Party and to its investments of that investor if the enterprise is owned or controlled by an investor of a non-Contracting Party and the denying Contracting Party: (a) does not maintain diplomatic relations with the non-Contracting Party; or (b) adopts or maintains measures with respect to the non-Contracting Party that prohibit transactions with the enterprise or that would be violated or circumvented if the benefits of this Agreement were accorded to the enterprise or to its investments. 2. A Contracting Party may deny the benefits of this Agreement to an investor of the other Contracting Party that is an enterprise of the other Contracting Party and to its investments if the enterprise is owned or controlled by an investor of a non-Contracting Party and the enterprise has no substantial business activities in the Area territory of the other Contracting Party and persons of a non-Party, or of the denying Contracting Party, own or control the enterprise.

Denial of Benefits. 1. A Contracting Party may deny the benefits of this Agreement to an a n investor of the other another Contracting Party that is an enterprise of the other latter Contracting Party and to its investments if the enterprise is owned or controlled by an investor of a non-Contracting Party and the denying Contracting Party: (a) does not maintain diplomatic normal economic relations with the non-Contracting Party; or (b) adopts or maintains measures with respect to the non-Contracting Party that prohibit transactions with the enterprise or that would be violated or circumvented if the benefits of this Agreement were accorded to the enterprise or to its investments. 2. A Contracting Party may deny the benefits of this Agreement to an a n investor of the other another Contracting Party that is an enterprise of the other latter Contracting Party and to its investments if the enterprise is owned or controlled by an investor of a non-Contracting Party or of the denying Contracting Party, and the enterprise has no substantial business activities in the Area territory of the other latter Contracting Party.