ICSID Rules definition
Examples of ICSID Rules in a sentence
On 1 August 2000 the Centre, in accordance with Rule 5 of the ICSID Rules of Procedure for the Institution of Conciliation and Arbitration Proceedings (Institution Rules), acknowledged receipt of the Request, as supplemented, and on the same day transmitted copies thereof to Ukraine and to Ukraine’s Embassy in Washington, D.C.
He regularly sits as arbitrator and acts as counsel of parties in both ad hoc arbitration proceedings as well as administered arbitration pro- ceedings, including proceedings under the VIAC, ICC, UNCITRAL and ICSID Rules.
Unless both Parties have agreed that the dispute shall be settled by a sole arbitrator, the claimant Party shall nominate in the request for arbitration, and the respondent Party shall nominate within thirty (30) days of the registration of the Request, one (1) arbitrator pursuant to the ICSID Rules.
If either Party fails to nominate an arbitrator as provided above, or if the arbitrators nominated by the Parties fail to agree on a third arbitrator within the period specified above, then ICSID shall make such appointments as necessary in accordance with the ICSID Rules.