Losses or Damages. 1. Investors of either Contracting Party whose investments suffer losses or damages due to any armed conflict, revolution, insurrection, civil disturbance or any other similar state of emergency in the Territory of the other Contracting Party shall be accorded by the other Contracting Party treatment as regards restitution, indemnification, compensation or any other settlement no less favourable than that accorded to its own investors or to investors of any non-Contracting party, whichever is more favourable to the investors of former Contracting Party. 2. Any payment as a means of settlement referred to in paragraph 1 shall be effectively realisable, freely transferable and freely convertible at the prevailing market exchange rate into freely usable currencies.
Appears in 6 contracts
Samples: Investment Agreement, Investment Agreement, Investment Agreement
