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| I. BASIC SUBMISSION CLAUSES |
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A. Consent in Respect of Future Disputes
Under the Convention, consent may be given in advance, with respect to a defined class of future disputes. Clauses relating to future disputes are a common feature of investment agreements between Contracting States and investors who are nationals of other Contracting States.
Clause 1
The [Government]/[name of constituent subdivision or agency] of name of Contracting State (hereinafter the "Host State") and name of investor (hereinafter the "Investor") hereby consent to submit to the International Centre for Settlement of Investment Disputes (hereinafter the "Centre") any6 dispute arising out of or relating to this agreement for settlement by [conciliation]/[arbitration]/[conciliation followed, if the dispute remains unresolved within time limit of the communication of the report of the Conciliation Commission to the parties, by arbitration] pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (hereinafter the "Convention").
B. Consent in Respect of Existing Disputes
Consent may also be given in respect of a particular, existing dispute.
Clause 2
The [Government]/[name of constituent subdivision or agency] of name of Contracting State (hereinafter the "Host State") and name of investor (hereinafter the "Investor") hereby consent to submit to the International Centre for Settlement of Investment Disputes (hereinafter the "Centre") for settlement by [conciliation]/[arbitration]/[conciliation followed, if the dispute remains unresolved within time limit of the communication of the report of the Conciliation Commission to the parties, by arbitration] pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, the following dispute arising out of the investment described below: ...
6 - If a restrictive clause such as clause 4 is added, the word "any" may have to be qualified.
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