Common use of Special Commitment Clause in Contracts

Special Commitment. Investments having formed the subject of a special commitment of one Contracting Party, with respect to the nationals or companies of the other Contracting Party, shall be governed, without prejudice to the provisions of this Agreement, by the terms of the said commitment if the latter includes provisions more favorable than those of this Agreement. The provisions of article 8 of the present Agreement shall apply even in the case of a special commitment to the effect of waiving international arbitration or designating an arbitration body other than that mentioned in article 8 of the present Agreement..

Special Commitment. Investments having formed the subject of a special commitment of one Contracting Party, with respect to the nationals or companies investors of the other Contracting Party, shall be governed, without prejudice to the provisions of this Agreement, by the terms of the said commitment if the latter includes provisions more favorable than those of this Agreement. The provisions of article 8 of the present Agreement shall apply even in the case of a special commitment to the effect of waiving international arbitration or designating an arbitration body other than that mentioned in article 8 of the present Agreement...