If the clause is to be adapted, special care should be taken to avoid the risk of ambiguity. Ambiguous text can lead to uncertainty and delays and slow down or even compromise the dispute resolution process. Arbitration clauses: The ICC recommends that all parties who wish to refer to icc arbitration in their contracts to include the following standard clause… Frequent short phrases: 1-400, 401-800, 801-1200, other . The parties must also consider any factors that could affect the applicability of the clause under the applicable law. These factors include all the mandatory requirements that may be provided at the place of arbitration and at the place or place of arbitration for the execution of the award. The parties are free to adapt the clause to their particular circumstances. For example, the parties may want to determine the number of arbitrators, taking into account the fact that the ICC arbitration regulation provides for a presumption in favour of a single arbitrator if there are no other indications. In addition, it may be appropriate to define the seat and language of arbitration as well as the applicable material law. The autonomy of the parties with respect to the choice of seat and language of procedure, as well as the rules of contract law, is not limited by the ICC`s arbitration regulation. . All disputes arising from or related to this agreement are settled definitively in accordance with the arbitration rules of the International Chamber of Commerce, by one or more arbitrators appointed under this regulation. Results: 31.
Exactly: 31. Response time: 57 ms.