Common use of Compensation for Loss Clause in Contracts

Compensation for Loss. 1. Investors of one Contracting Party who suffer losses in their investments in the territory of the other Party of war, state of national emergency, insurrection, riot or other similar events, the latter Contracting Party treatment no less favorable than that accorded by the Contracting Party on its own or any third State, taking into account the fact that the most favorable. 2. Notwithstanding paragraph 1, a Contracting Party to investors of the other Contracting Party suffer losses due to: a) by its forces or authorities met their investments total or partial requisition, or b) by its forces or authorities in the destruction of their investment or part thereof in the absence of necessity, Subject to immediate restitution or paid adequate and effective compensation.