Common use of Protection and Treatment Clause in Contracts

Protection and Treatment. 1. The investments and incomes of the investors of each Contracting Party shall be accorded fair and equitable treatment on a continuous basis and shall enjoy full and comprehensive protection and security in the territory of the other Contracting Party. Neither Contracting Party shall in any manner hinder, through unjustified or discriminatory measures, the management, maintenance, use, enjoyment, increase or sale of such investments. 2. Each Contracting Party shall accord in its territory to the investments and incomes of the investors of the other Contracting Party a treatment not less favourable than that which it accords, in similar situations, to the investments and incomes of its own investors or to the investments and 1-52400 Incomes of the investors of any third State, whichever is more favourable to the investor concerned. 3. Each Contracting Party shall accord in its territory to the investors of the other Contracting Party, in respect of the management, maintenance, use, enjoyment, increase or sale of their investments, a treatment not less favourable than that which it accords, in similar situations, to the investments and incomes of its own investors or to the investments and incomes of the investors of any third State, whichever is more favourable to the investor concerned.

Appears in 4 contracts

Samples: Agreement on Reciprocal Promotion and Protection of Investments, Agreement on Reciprocal Promotion and Protection of Investments, Agreement on Reciprocal Promotion and Protection of Investments

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Protection and Treatment. 1. The investments and incomes of the investors of each Contracting Party shall be accorded fair and equitable treatment on a continuous basis and shall enjoy full and comprehensive protection and security in the territory of the other Contracting Party. Neither Contracting Party shall in any manner hinder, through unjustified or discriminatory measures, the management, maintenance, use, enjoyment, increase or sale of such investments. 2. Each Contracting Party shall accord in its territory to the investments and incomes of the investors of the other Contracting Party a treatment not less favourable than that which it accords, in similar situations, to the investments and incomes of its own investors or to the investments and 1-52400 Incomes incomes of the investors of any third State, whichever is more favourable to the investor concerned. 3. Each Contracting Party shall accord in its territory to the investors of the other Contracting Party, in respect of the management, maintenance, use, enjoyment, increase or sale of their investments, a treatment not less favourable than that which it accords, in similar situations, to the investments and incomes of its own investors or to the investments and incomes of the investors of any third State, whichever is more favourable to the investor concerned.

Appears in 1 contract

Samples: Agreement on Reciprocal Promotion and Protection of Investments

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