International Chamber of Commerce Sample Clauses

The International Chamber of Commerce (ICC) clause typically refers to provisions in a contract that designate the ICC as the administering body for dispute resolution, often through arbitration. This clause specifies that any disputes arising from the contract will be resolved according to the ICC's rules and procedures, which may include appointing arbitrators, setting timelines, and determining the place of arbitration. By incorporating this clause, parties ensure a neutral, internationally recognized framework for resolving conflicts, thereby promoting fairness and predictability in cross-border commercial agreements.
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International Chamber of Commerce. The arbitration shall be held in San Francisco. The award rendered by the arbitration shall in any case be final and binding upon the parties hereto.
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Related to International Chamber of Commerce

  • Uniform Customs and Practice The Uniform Customs and Practice for Documentary Credits as published by the International Chamber of Commerce most recently at the time of issuance of any Letter of Credit shall (unless otherwise expressly provided in the Letters of Credit) apply to the Letters of Credit.

  • Uniform Customs and Practices The Issuing Lender may have the Letters of Credit be subject to The Uniform Customs and Practice for Documentary Credits, as published as of the date of issue by the International Chamber of Commerce (the "UCP"), in which case the UCP may be incorporated therein and deemed in all respects to be a part thereof.

  • 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.

  • International Standards In determining whether an international standard, guide, or recommendation within the meaning of Articles 2 and 5 and Annex 3 of the TBT Agreement exists, each Party shall apply the principles set out in Decisions and Recommendations adopted by the Committee since 1 January 1995, G/TBT/1/Rev.8, 23 May 2002, Section IX (Decision of the Committee on Principles for the Development of International Standards, Guides and Recommendations with relation to Articles 2, 5 and Annex 3 of the Agreement), issued by the WTO Committee on Technical Barriers to Trade.

  • 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.