Common use of SCOPE OF THE Clause in Contracts

SCOPE OF THE. claim (a) In the event that a dispute arising from the application and interpretation of this Agreement cannot be settled by consultation, negotiation or mediation within six (6) months from the written request as provided under paragraph (1) or cannot be settled by Administrative Review as provided under paragraph (2) of this Article, the investor may submit a claim by a written notice to the host Contracting Party that the latter has breached an obligation under this Agreement and that the investor has incurred loss or damage by reason of, or arising out of, that breach; (b) No claim may be submitted to international arbitration if more than six years have elapsed from the date on which the investor acquired, or should have first acquired knowledge of the breach and knowledge of the loss or damage arising from that breach.

Appears in 7 contracts

Samples: Investment Protection Agreement, Investment Promotion and Protection Agreement, Investment Protection Agreement

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