Common use of Most Favoured Nation Provision Clause in Contracts

Most Favoured Nation Provision. Each Party shall at all times treat investments in its own territory on a basis no less favourable than that accorded to investments of investors of any third country, provided that a Party shall not be obliged to extend to investments any treatment, preference or privilege resulting from: (a) Any customs union, economic union, free trade area or regional economic integration agreement to which the Party belongs; or (b) The provisions of a double taxation agreement with a third country.

Most Favoured Nation Provision. Each Party shall at all times treat investments and associated activities in its own territory on a basis no less favourable than that accorded to investments or associated activities of investors of any third country, provided that a Party shall not be obliged to extend to investments or associated activities any treatment, preference or privilege resulting from: (a) Any common market, customs union, economic union, free trade area or regional economic integration agreement to which the Party belongsbelongs or may belong in the future; or (b) The provisions of a any existing or future double taxation agreement with a third country.

Most Favoured Nation Provision. 1. Each Party shall at all times treat investments in its own territory on a basis no less favourable than that accorded to investments of investors of any third country, provided that a Party shall not be obliged to extend to investments any treatment, preference or privilege resulting from: (a) Any customs union, economic union, free trade area or regional economic integration agreement to which the Party belongs; or (b) The provisions of a double taxation agreement with a third country.