CAM/CCBC definition
Examples of CAM/CCBC in a sentence
If any of the parties to the arbitration fail to appoint the respective co-arbitrator, or if the two (2) co-arbitrators fail to agree on the appointment of the president of the arbitral tribunal within the time limits established by the CAM-CCBC, the CAM-CCBC shall make the missing appointments, as per the Rules.
The expenses incurred during the arbitration proceeding including the administrative costs of the CAM-CCBC, arbitrator’s fees and independent expert’s fees, when applicable, shall be borne by the parties of the arbitration pursuant to the Rules.
The Parties shall mutually select and engage an Appraiser from the list of persons set out in Schedule H within 10 Business Days of Ero calling for the appointment of an Appraiser (or, in the event the Parties have not agreed on an Appraiser within such deadline, such Appraiser shall be selected by the Presidency of the Arbitration and Mediation Center of the CAM-CCBC from the list of Persons set out in Schedule H), according to its rules.
If there is no amicable resolution of the dispute and even before the expiration of the time limit established above, then any such dispute shall be submitted to arbitration under the Rules of Arbitration (the “Rules”) then in effect of the Arbitration and Mediation Center of the CAM-CCBC by written demand of any Party pursuant to the Rules.
In case of an arbitration involving three (3) or more parties in which (i) these parties are not set in just two groups of claimants or respondents; or (ii) the parties set in a same group of claimants or respondents disagree in relation to the appointment of the respective co-arbitrator, all arbitrators shall be appointed by the CAM-CCBC, as per the Rules, unless all the parties to the arbitration agree otherwise.