Registration of the Request Sample Clauses

Registration of the Request. As soon as the Secretary-General shall have satisfied himself that the request conforms in form and substance to the provisions of Article 3 of these Rules, he shall register the request in the Arbitration (Additional Facility) Register and on the same day dispatch to the parties a notice of registration. He shall also transmit a copy of the request and of the accompanying documentation (if any) to the other party to the dispute.

Registration of the Request. 118. The second requirement with which an investor must comply, in order to have access to an Additional Facility arbitration, is to submit a written request of arbitration to the Secretariat.128 The request is in the form of a simple document that identifies the parties, describes the agreement to arbitrate, and provides an indication of the issues in dispute and the financial amount involved.129 A similar document is also needed at the outset of arbitrations under ordinary ICSID Rules.130 119. The Arbitration (Additional Facility) Rules make it clear that under the Additional Facility Rules, requests for the registration of an arbitration may be made individually by an investor, without any need for the participation of the respondent State.131 120. Once submitted by the investor claimant, the request must be approved by the Secretary-General if she “ha[s] satisfied [her]self that the request conforms in form and substance” with the requirements set forth in the Additional Facility Rules .132 121. In practice, claimants frequently join the application for approval and the request for arbitration into a single document, which is then submitted to ICSID’s Secretary- General.133 That is what happened in the Xxxxxxxx Ventures case, where the claimant’s initial letter dated July 8, 2004 included requests for approval and registration.134 ICSID approved both applications in a single decision dated October 28, 2004.