ICC Rules Sample Clauses

The ICC Rules clause establishes that any disputes arising under the contract will be resolved according to the arbitration rules set by the International Chamber of Commerce (ICC). This means that the parties agree to submit their disagreements to an ICC-administered arbitration process, which includes procedures for appointing arbitrators, conducting hearings, and rendering binding decisions. By referencing the ICC Rules, the clause ensures a clear, internationally recognized framework for dispute resolution, providing predictability and neutrality for both parties.
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ICC Rules. The arbitration shall be conducted under the ICC Rules.
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ICC Rules. In the event a Dispute has not been resolved pursuant to the procedure set forth in Section 13.11(a), all Disputes arising under or in connection with this Agreement or any breach, invalidity or termination hereof shall be finally settled under the Rules of Conciliation and Arbitration of the International Chamber of Commerce (the "ICC Rules") by one or more arbitrators appointed in accordance with the ICC Rules. The seat of the arbitration shall be in Brussels, Belgium. The arbitration proceedings shall be conducted, and the award shall be rendered in writing, in the English language. Except to the extent allowed by the ICC Rules for the sole purpose of seeking interim relief, no party shall be entitled to commence proceedings before the courts of any jurisdiction, in connection with the conduct of the arbitration proceedings, provided that the parties shall be free to commence proceedings before such courts for the purpose of enforcing any arbitral award.
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ICC Rules. The arbitration shall be conducted under the ICC Rules, except as they may be modified in this ARTICLE X or by agreement of the Parties.
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ICC Rules. All disputes arising in connection with this Agreement (whether relating to an alleged breach of the terms of this Agreement or otherwise) shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce ("ICC") by three arbitrators appointed in accordance with those rules. Should the arbitrator appointed by Diageo and the arbitrator appointed by Pernod Ricard not agree on the choice of third arbitrator (who shal▇ ▇▇▇ be English or French), this arbitrator shall be designated by the President of the ICC.
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ICC Rules. Except as provided in this Section 14, any dispute arising out of or in connection with this Agreement or the performance of the parties pursuant to this Agreement or any of the Related Agreements, which cannot be resolved after discussion among the parties as set forth herein, shall be submitted to binding arbitration in accordance with the rules of the International Chamber of Commerce (“ICC”), except as otherwise provided in this Agreement and except that (i) where this Agreement provides a specific remedy, the arbitrators’ authority shall be limited to enforcing such specific remedy; and (ii) to the extent any dispute represents a failure to agree on any action or decision that is within the scope of the authority of the Board or the shareholders of Company under this Agreement or any of the Related Agreements, such dispute shall not be subject to arbitration and instead shall be resolved in accordance with Section 9.6.
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ICC Rules. Unless otherwise provided in this Agreement or in any agreement relating to their issue, Letters of Credit are governed by the Uniform Customs and Practice for Documentary Credits (I.C.C. Publication 600, 2007 revision).
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ICC Rules. The term “ICC Rules” shall have the meaning set forth in Section 12.2.
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ICC Rules. Unless otherwise provided in this Agreement or in any agreement relating to their issue, Letters of Credit are governed by the International Standby Practices ISP98 (I.C.C. Publication 590).
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ICC Rules. Save to the extent expressly provided otherwise in this Article 8, the rights and obligations between an Issuing Bank and the Relevant Borrower with respect to each Standby Instrument shall be determined in accordance with the applicable provisions of the (a) Uniform Customs and Practice for Documentary Credits (2007 Revision), ICC Publications 600 or (b) the International Standby Practices - ISP98, ICC Publication No. 590, as applicable.
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Related to ICC Rules

  • Rules of Arbitration The arbitration procedures initiated under this Contract shall operate under the arbitration rules in effect for ICSID, the Additional Facility or UNCITRAL, as the case may be, at the time of the filing of the request for arbitration, which rules are deemed to be incorporated herein by reference in this Article 26.

  • Terms of Arbitration The arbitrator chosen in accordance with these provisions will not have the power to alter, amend or otherwise affect the terms of these arbitration provisions or the provisions of this Agreement.

  • Conduct of Arbitration a) The seat of the arbitration shall be at New Delhi, India. b) The language to be used in the arbitral proceedings shall be English

  • Mediation/Arbitration a. In the event of any dispute under this Agreement, the parties hereto desire to avoid litigation. Accordingly, the aggrieved party will give notice of the dispute to the other party and both parties will attempt to settle the dispute during the thirty (30) day period following such notice. If such dispute remains unsettled, the parties agree to then submit such dispute to mediation. If the parties cannot agree on a mediator, each will select a mediator and the two chosen mediators will select a third mediator who shall alone hear the dispute. Such mediation will, if possible, be conducted during the sixty (60) day period following expiration of the thirty (30) day period. If such mediation fails to resolve the dispute, the parties agree such dispute will be submitted to final and binding arbitration in accordance with the rules of the American Arbitration Association. Unless otherwise directed by the arbitrator, such arbitration must be concluded within ninety (90) days of the expiration of the sixty (60) day period previously specified for mediation. If the parties cannot agree on a single arbitrator, each will select an arbitrator, and the two chosen arbitrators will select a third arbitrator who shall alone decide the dispute. Any mediation or arbitration conducted hereunder will be conducted in Knoxville, Tennessee. The parties hereto shall equally share the costs of mediation (including the mediator’s fees and expenses and costs directly related to the conduct of the mediation, but excluding each party’s direct costs for transportation, attorneys, etc., for which each will be responsible). If any party fails to participate in mediation or arbitration after receipt of notice thereof, then each party hereto agrees that the other party shall have the right to proceed immediately to arbitration and that such other party shall be entitled to select the arbitrator in its sole discretion. Each party further agrees that, in such event, such arbitrator shall have the right to decide the dispute as if the non- participating party were participating in the arbitration and that such decision shall be final and binding upon each party hereto.

  • Expedited Arbitration Procedure The expedited procedure shall be used for either grievances involving Articles exclusively applying to temporary workers or, with the mutual agreement of the Employer and Union, for other grievances. For grievances that do not involve Articles exclusively applying to temporary workers, either the Employer or Union may request in writing that the expedited arbitration procedure be used at the time the Parties are scheduling dates with the arbitrator. (a) The Employer and Union will develop a stipulation of facts and use affidavits and other time-saving methods whenever possible and when mutually agreed upon. (b) Case presentation will be limited to preliminary opening statements, brief recitation of facts, witness presentation and closing oral argument. No post hearing briefs shall be filed or transcripts made. The hearing will be completed within one (1) business day unless otherwise agreed upon by the Parties. (c) The hearing shall be conducted by the arbitrator in whatever manner will most expeditiously permit full presentation of the evidence and arguments of the Parties. (d) The arbitrator may issue, at their discretion, a bench decision at the conclusion of the hearing or may issue a written award no later than seven (7) calendar days from the close of the hearing excluding weekends and holidays. (e) All decisions shall be final and binding on the Employer and Union. An arbitration award will be non-precedential if mutually agreed upon by the Parties before the hearing starts. The arbitrator’s award shall be based on the record and shall include a brief explanation of the basis for the award.