Common use of Public Debt Clause in Contracts

Public Debt. No claim that a restructuring of debt of a Contracting Party breaches an obligation under Part III (Investment Protection) may be submitted to, or if already submitted, be pursued under Article 26(4) if the restructuring is a negotiated restructuring at the time of submission, or becomes a negotiated restructuring after such submission, except for a claim that the restructuring violates Article 10(7) (

Public Debt. No claim that a restructuring of debt of a Contracting Party breaches an obligation under Part III of Chapter Two (Investment Protection) may be submitted to, or if already submitted, be pursued under Article 26(4Chapter Three (Dispute Settlement) Section A (Resolution of Disputes between Investors and Parties) if the restructuring is a negotiated restructuring at the time of submission, or becomes a negotiated restructuring after such submission, except for a claim that the restructuring violates Article 10(7) 2.3 (National Treatment)1.

Public Debt. No claim that a restructuring of debt of a Contracting Party breaches an obligation under Part III Section C (Investment Protection) may be submitted to, or if already submitted, be pursued under Article 26(4Section D (Resolution of Investment Disputes and Investment Court System) if the restructuring is a negotiated restructuring at the time of submission, or becomes a negotiated restructuring after such submission, except for a claim that the restructuring violates Article 10(7) (.