Common use of Insurance and Guarantee Clause in Contracts

Insurance and Guarantee. In any proceeding involving an investment dispute, a Party shall not assert, as a defense, counterclaim, right of set-off or for any other reason, that indemnification or other compensation for all or part of the alleged damages has been received or will be received pursuant to an insurance or guarantee contract.

Insurance and Guarantee. In any proceeding involving an investment dispute, a Contracting Party shall not assert, as a defensedefence, counterclaim, right of set-off or for any other reason, that indemnification or other compensation for all or part of the alleged damages has been received or will be received pursuant to an insurance or guarantee contract.