Common use of More Favourable Provisions Clause in Contracts

More Favourable Provisions. 1. Notwithstanding the terms set forth in the present Agreement, more favourable provisions which have been or may be agreed upon by either of the Contracting Parties with an investor of the other Contracting Party are applicable. 2. If legislation of one Contracting Party or current circumstances arisen between the Contracting Parties in accordance with international law contain additional regulations which, in general or in details, provides for more favourable treatment, in relation to investments made by the investors of the other Contracting Party, than stipulated in the present Agreement, then such regulations, to the extent that are more favourable shall prevail over the present Agreement.

Appears in 5 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

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More Favourable Provisions. 1. Notwithstanding the terms set forth in the present this Agreement, more favourable provisions which have been or may be agreed upon by either of the Contracting Parties with an investor of the other Contracting Party are applicable. 2. If the national legislation of one each Contracting Party or current circumstances arisen the obligations arising from existing international agreements or similar existing agreements between the Contracting Parties in accordance with international law contain additional regulations which, in including general or in detailsspecific obligations, provides for more favourable treatment, in relation to entitles the investments made by of the investors of the other Contracting Party, Party to treatment more favourable than stipulated in the present is provided by this Agreement, then such regulationsprovisions shall, to the extent that they are more favourable shall favourable, prevail over the present this Agreement.

Appears in 2 contracts

Samples: Investment Protection Agreement, Investment Protection Agreement

More Favourable Provisions. 1. Notwithstanding the terms set forth in the present this Agreement, more favourable provisions which have been or may be agreed upon by either of the Contracting Parties with an investor of the other Contracting Party are applicable. 2. If the legislation of one either Contracting Party or current circumstances arisen obligations under international law existing at present or established hereafter between the Contracting Parties in accordance with international law addition to this Agreement contain additional regulations whicha regulation, in whether general or in detailsspecific, provides for more favourable treatment, in relation to entitling investments made by the investors of the other Contracting Party, Party to treatment more favourable than stipulated in the present is provided for by this Agreement, then such regulationslegislation shall, to the extent that are it is more favourable shall favourable, prevail over the present this Agreement.

Appears in 2 contracts

Samples: Investment Agreement, Investment Agreement

More Favourable Provisions. 1. Notwithstanding the terms set forth in the present this Agreement, more favourable provisions which have been or may be agreed upon by either of the Contracting Parties with an investor of the other Contracting Party are applicable. 2. If the legislation of one either Contracting Party or current circumstances arisen obligations under international agreements existing at present or established hereafter between the Contracting Parties in accordance with international law addition to this Agreement contain additional regulations whicha regulation, in whether general or in detailsspecific, provides for more favourable treatment, in relation to entitling investments made by the investors of the other Contracting Party, Party to treatment more favourable than stipulated in the present is provided for by this Agreement, then such regulations, regulation shall to the extent that are it is more favourable shall prevail over the present this Agreement.

Appears in 1 contract

Samples: Investment Agreement

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More Favourable Provisions. 1. Notwithstanding the terms set forth setforth in the present Agreement, more favourable provisions which have been or may be agreed upon by either of the Contracting Parties with an investor of the other Contracting Party are applicable. 2. If the legislation of one either Contracting Party or current circumstances arisen international agreements existing at present or entered into thereafter between the Contracting Parties in accordance with international law contain additional regulations whichParties, in addition to the present Agreement contain a rule, whether general or in detailsspecific, provides for more favourable treatment, in relation to entitling investments made by the investors of the other Contracting Party, Party to a treatment more favourable than stipulated in is provided for by the present Agreement, then such regulations, rule shall to the extent that are is more favourable shall prevail over the present Agreement.

Appears in 1 contract

Samples: Reciprocal Promotion and Protection of Investments Agreement

More Favourable Provisions. (1. ) Notwithstanding the terms set forth in the present this Agreement, more favourable provisions which have been or may be agreed upon by either of the Contracting Parties with an investor of the other Contracting Party are applicable. (2. ) If the legislation of one either Contracting Party or current circumstances arisen obligations under international agreements existing at present or established hereafter between the Contracting Parties in accordance with international law addition to this Agreement contain additional regulations whicha regulation, in whether general or in detailsspecific, provides for more favourable treatment, in relation to entitling investments made by the investors of the other Contracting Party, Party to treatment more favourable than stipulated in the present is provided for by this Agreement, then such regulations, regulation shall to the extent that are it is more favourable shall prevail over the present this Agreement.

Appears in 1 contract

Samples: Reciprocal Promotion and Protection of Investments Agreement

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