Common use of Protection from Strife Clause in Contracts

Protection from Strife. Investors of one Contracting Party whose investments in the territory of the other Contracting Party suffer losses owing to war, other armed conflicts, a state of national emergency or other similar circumstances, shall be accorded by the latter Contracting Party treatment with regard to restitution, indemnification, compensation or other settlement, if any, no less favourable than that which the latter Contracting Party accords to its own investors or investors of any third State, whichever of these standards is the more favourable from the point of view of the investor. Resulting payments shall be made without delay and be freely transferable.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

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