Examples of ICC Rules in a sentence
Arbitration with foreign suppliers shall be conducted in accordance with the arbitration rules of the United Nations Commission on International Trade Law (UNCITRAL); or with proceedings administered by the International Chamber of Commerce (ICC) and conducted under the ICC Rules of Arbitration; by one or more arbitrators appointed in accordance with said arbitration rules.
The Client agrees that for matters not addressed by the ICC Rules, each Trade Services shall be subject to and governed by the Law/s of India.
Under both the UNCITRAL Arbitration Rules and the ICC Rules of Arbitration, a decision as to final costs is made at the end of the dispute.
The ICC Rules similarly provide that the costs shall include “the reasonable legal and other costs incurred by the parties for the arbitration”,18 and that “the final award shall fix the costs of arbitration and decide which of the parties shall bear them or in what proportion they shall be borne by the parties”.
The ICC Rules of Arbitration provide that “The Arbitral Tribunal may take measures for protecting trade secrets and confidential information” (Article 20(7)).