Common use of National Treatment and Most Favored Nation Treatment Clause in Contracts

National Treatment and Most Favored Nation Treatment. 1. Each Contracting Party shall provide in its territory investments and the income of investors of the other Contracting Party fair and equitable treatment no less favorable than that it accords to investments and revenues of its own investors and / or investments and returns of investors of any third state. 2. Each Contracting Party shall in respect of investments made by investors of the other Contracting Party shall comply with any obligations arising out of its national laws and this Agreement. 3. The provisions of this Agreement with respect to the principle of most favored nation treatment shall not be construed so as to oblige one Contracting Party to extend to investors of the other Contracting Parties preferential treatment preferences or privileges resulting from: i) existing or possible future customs, currency and payments unions, free trade areas and common tariffs, common market or any other form of regional economic integration agreements, to which is or may become a Contracting Party; ii) agreements on avoidance of double taxation and the payment of taxes or other international agreements on taxation.

Appears in 2 contracts

Samples: Investment Agreement, Investment Agreement

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National Treatment and Most Favored Nation Treatment. 1. Each Contracting Party shall provide in its territory investments and the income of investors of the other Contracting Party fair and equitable treatment no less favorable than that the treatment which it accords to investments and revenues of its own investors and / or investments and returns of investors of any third state. 2. Each Contracting Party shall shall, in respect of investments made by investors of the State of the other Contracting Party shall Party, comply with any obligations arising out of from its national laws law and this Agreement. 3. The provisions of this Agreement with respect to the principle of most favored nation treatment shall not be construed so as to oblige one Contracting Party to extend to investors of the other Contracting Parties preferential treatment preferences or privileges resulting from: iI) the existing or possible future customs, currency and payments unions, free trade areas and common tariffs, common market or any other form of regional economic integration agreements, to which is or may become a Contracting Party; ii; II) agreements on avoidance of double taxation and the payment of taxes or other international agreements on taxation.

Appears in 2 contracts

Samples: Investment Protection Agreement, Investment Promotion and Protection Agreement

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