Common use of Protection from Strife Clause in Contracts

Protection from Strife. (1) An investor of a Contracting Party which has suffered a loss relating to its investment in the territory of the other Contracting Party due to war or to other armed conflict, state of emergency, revolution, insurrection, civil disturbance, or any other similar event in the territory of the latter Contracting Party, shall be accorded by the latter Contracting Party, as regards restitution, indemnification, compensation or any other settlement, treatment no less favourable than that which it accords to its own investors or to investors of any third state, whichever is most favourable to the investor. (2) An investor of a Contracting Party who in any of the events referred to in paragraph (1) suffers loss resulting from: (a) Requisitioning of its investment or part thereof by the forces or authorities of the other Contracting Party, or (b) Destruction of its investment or part thereof by the forces or authorities of the other Contracting Party, which was not required by the necessity of the situation, Shall in any case be accorded by the latter Contracting Party restitution or compensation which in either case shall be prompt, adequate and effective and, with respect to compensation, shall be in accordance with Article 5 (2) and (3).

Protection from Strife. (1) An investor of a Contracting Party which who has suffered a loss losses relating to its investment in the territory of the other Contracting Party due to war or to other armed conflict, state of emergency, revolution, insurrection, civil disturbance, or any other similar event in the territory of the latter Contracting Party, shall be accorded by the latter Contracting Party, as regards restitution, indemnification, compensation or any other settlement, treatment no not less favourable than that which it accords to its own investors or to investors of any third stateState, whichever is most more favourable to the investor. (2) An Notwithstanding paragraph 1, each Contracting Party shall accord to an investor of a the other Contracting Party who who, in any of the events situations referred to in paragraph (1) that paragraph, suffers a loss in its territory resulting from: (a) Requisitioning of its the investment or part thereof by the its forces or authorities of the other Contracting Partyauthorities, or (b) Destruction of its the investment or part thereof by the its forces or authorities of the other Contracting Partyauthorities, which was not required by the necessity of the situation, Shall in any case be accorded by the latter Contracting Party restitution Restitution or compensation which in either case both cases shall be prompt, adequate and effective and, with respect to compensation, shall be in accordance with Article 5 (2) and (3)of this Agreement.