Common use of Protection from Strife Clause in Contracts

Protection from Strife. 1. Each Party shall accord to investors of the other Party that have suffered loss or damage relating to their investments in the Area of the former Party due to armed conflict or state of emergency such as revolution, insurrection, civil disturbance or any other similar event in the Area of that former Party, treatment, as regards restitution, indemnification, compensation or any other settlement, that is no less favourable than that it accords to its own investors or to investors of a non-Party. 2. Any payments as a means of settlement referred to in paragraph 1 shall be effectively realizable, freely transferable and freely convertible at the market exchange rate into the currency of the Party of the investors concerned and freely convertible currencies.

Protection from Strife. 1. Each Party shall accord to investors of the other Party otherParty that have suffered loss or damage relating to their investments theirinvestments in the Area of the former Party due to armed conflict armedconflict or state of emergency such as revolution, ,insurrection, civil disturbance or any other similar event in eventin the Area of that former Party, treatment, as regards restitutionregardsrestitution, indemnification, compensation or any other settlementothersettlement, that is no less favourable than that it accords to accordsto its own investors or to investors of a non-Party. 2. Any payments as a means of settlement referred to in paragraph inparagraph 1 shall be effectively realizable, freely transferable freelytransferable and freely convertible at the market exchange rate exchangerate into the currency of the Party of the investors concerned investorsconcerned and freely convertible currencies.

Protection from Strife. 1. Each Party shall accord to investors of the other Party that have suffered loss or damage relating to their investments in the Area of the former Party due to armed conflict or state of emergency such as revolution, insurrection, civil disturbance or any other similar event in the Area of that former Party, treatment, as regards restitution, indemnification, compensation or any other settlement, that is no less favourable than that which it accords to its own investors or to investors of a non-non- Party. 2. Any payments as a means of settlement referred made pursuant to in paragraph 1 above shall be effectively realizablerealisable, freely transferable convertible and freely convertible at the market exchange rate into the currency of the Party of the investors concerned and transferable in a freely convertible currenciesusable currency.