Disputes between an Investor Sample Clauses

Disputes between an Investor and the Contracting State (1) Any dispute arising between one Contracting State and an investor of the other Contracting State concerning an investment by an investor of the latter in the territory of the former shall be settled amicably between the disputing parties. (2) If such a dispute is not solved amicably within six months following the date on which the dispute has been raised by either party, the Contracting States consent to submit the dispute to the International Centre for Settlement of Investment Disputes for settlement by conciliation or arbitration under the Washington Convention of 18 march 1965 on the Settlement of Investment Disputes between States and Nationals of Other States. If the parties to such a dispute have different opinions as to whether conciliation or arbitration is the more appropriate method of settlement, the investor shall have the right to choose. (3) For the purpose of this Article, any legal person which is constituted in accordance with the legislation of one Contracting State and in which before a dispute arises the majority of shares are owned by investors of the other Contracting State shall be treated, in accordance with Article 25 (2) (b) of the said Washington Convention, as a legal person of the other Contracting State.

Disputes between an Investor and a Contracting Party 1. Any dispute concerning an investment between tun investor of one Contracting Party and the other Contracting Party shall, if possible, be settled amicably. 2. If any such dispute cannot be settled within six months following the date on which the dispute has been raised by the investor through written notification to the Contracting Party each Contracting Party hereby consents, to the submission of the dispute, at the investor's choice, for resolution by international arbitration to one of the fora mentioned hereafter. To this end both Parties waive the right to demand that all domestic administrative or judiciary remedies be exhausted. i) the International Centre for Settlement of Investment Disputes (ICSID) for settlement by arbitration under the Washington Convention of I8 March 1965 on the Settlement of Investment Disputes between States and Nationals of Other States provided both Contracting Parties have adhered to the said Convention; or ii) the Additional Facility of the Centre, if the Centre is not available under the Convention; or iii) an ad hoc tribunal set up under Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). The appointing authority under the said rules shall be the Secretary General of ICSID. If the parties to such a dispute have different opinions as to whether conciliation or arbitration is the more appropriate method of settlement, the investor shall have the right to choose. 3. For the purpose of this Article and Article 25(2)(b) of the said Washington Convention, any legal person which is constituted in accordance with the legislation of one Contracting Fatty and which, before a dispute arises, was controlled by an investor of the other Contracting Party, shall be treated as a national of the other Contracting Party. 4. Any arbitration under the Additional Facility Rules or under the UNCITRAL Arbitration Rules shall, at the truest of either party to die dispute, be held in a state that is a party to the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards, done at New York, June 10, 1958 (the New York Convention). 5. The consent given by each Contracting Party in paragraph 2 and the submission of the dispute by an investor under the said paragraph shall constitute the written consent and written agreement of the parties to the dispute to its submission for settlement for the purposes of Chapter II of the Washington Convention (Juris...

Disputes between an Investor and a Contracting Party (1) Any dispute concerning an investment which arises within the terms of this Agreement between an investor of one Contracting Party and the other Contracting Party shall, if possible, be settled amicably. (2) If the dispute cannot be settled within six month following the date, on which the dispute has been raised by either party, it shall at the request by either party be submitted to arbitration for a definitive settlement. (3) For the arbitrational procedure shall be applied the Arbitration rules of United Nations Commission on International Trade Law (UNCITRAL), as adopted by the General Assembly on 15 December 1976. (4) In the event of both contracting Parties becoming parties to the Wasington Convention of 18 March 1965 on the Settlement of Investment Disputes between States and Nationals of Other States, the dispute may upon request of the investor be submitted to the International Centre for Settlement of Investment Disputes (ICSID). Each Contracting Party hereby consents to submit any such dispute for settlement under the said Washington Convention. (5) For the purpose of this Article and in accordance with Article 25 (2) (b) of the said Washington Convention, any legal person which is constituted in accordance with the legislation of one Contracting Party and in which, before a dispute arises, an investor of the other Contracting Party held a predominant interest shall be treated as a legal person of the other Contracting Party. (6) Any arbitral award rendered pursuant to this Article shall be final and binding on the parties to the dispute. Each Contracting Party shall carry out without delay the provision of any such award and provide in its territory for the enforcement of such award.

Disputes between an Investor and a Contracting Party 1. Any dispute between an investor of one Contracting Party and the other Contracting Party concerning an investment in the territory of the latter Contracting Party shall, if possible, be settled amicably. 2. If the dispute cannot be settled amicably within six months from the date of request for amicable settlement, the investor shall be entitled to submit the case either to the competent courts of the Contracting Party in whose territory the investment was made or to international arbitration. In the latter event the investor has the choice of submitting the case either to: (a) The International Centre for Settlement of Investment Disputes (ICSID), established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, or (b) Any ad hoc arbitration tribunal, which unless otherwise agreed upon by the parties to the dispute, is to be established under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). 3. An investor who has submitted the dispute to national jurisdiction may nevertheless have recourse to one of the arbitral tribunals mentioned in paragraph (2) of this Article if, before judgement has been delivered on the subject matters by a national court, the investor renounces to pursue the case any longer through national proceedings. 4. Neither of the Contracting Parties, which is a party to a dispute, can raise an objection, at any phase of the arbitration procedure or of the execution of an arbitration sentence, on account of the fact that the investor, which is the opposing party of the dispute, had received an indemnification covering the whole or a part of its losses by virtue of an insurance. 5. The award shall be final and binding for the parties to the dispute and shall be executed according to national law.

Disputes between an Investor and a Contracting Party 1) Concerning an investment disputes arising under this agreement between an investor of one Contracting Party and the other contracting party, as far as possible be settled amicably. 2) If the dispute cannot be settled within six months of raised by either party may be submitted at the request of the investor: ‐ The competent courts of the Contracting Party in whose territory the investment was made; or ‐ To international arbitration under the conditions described in paragraph (3) of this article. Once the investor has submitted the dispute to the aforementioned national jurisdiction or to international arbitration, the choice of one of these procedures is final, unless the parties to the dispute so agree otherwise. 3) In case of international arbitration, the dispute shall be submitted, at the choice of the investor to: ‐ The International Centre for the Settlement of Investment Disputes (ICSID) established by the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, opened for signature at Washington on 18 March 1965, when both parties are contracting parties. until this provision does not apply, the dispute may be submitted to arbitration under the ICSID Additional Facility Rules for the administration of conciliation and arbitration procedures decision; or ‐ An arbitral tribunal established for each case with the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL): 4) For the purpose of article 25 (2) (b) of the ICSID Convention and of this article, a company of a Contracting Party which is effectively controlled by investors of the other contracting party immediately before the occurrence of the event or events giving rise to a dispute by investments, shall be treated as a company of the other contracting party. 5) Each contracting party hereby consents to the submission of any investment dispute for settlement by arbitration binding under option established according to paragraph 3). 6) The arbitral tribunal shall decide in accordance with the provisions of this Agreement and the legislation of the Contracting Party involved in the dispute, including its rules on the Conflict of Laws, the terms of any specific agreement concluded in relation to the investment and the principles of international law. 7) The arbitral decisions shall be final and binding on the parties to the dispute. each Contracting Party shall execute the In accordance with its l...