SIAC definition

SIAC means the Singapore International Arbitration Centre;

SIAC s Cost" shall mean the costs incurred by SIAC in rendering the services hereunder, including the costs of hardware leases and maintenance, direct manpower costs (including product development, communications engineers and technicians, product planning and PARTICIPANT/data recipient test support), site support costs (including dual-site production and single-site quality assurance and intraday test environment support, operators and quality assurance analysts), costs of communications equipment and after-hours report preparation (including preparation of daily/monthly transaction and statistics reports), development manpower costs (including resources for scheduled systems modifications/enhancements reviewed at the quarterly Technical and Policy Committee meetings), allocated costs (including costs associated with the shared development test environment and Common Software, Throughput Monitor and Afterhours software) and the costs for any other goods or services that

SIAC has the meaning given to it in Clause 9.14.2;

Examples of SIAC in a sentence

• The appointing authority shall be the Chairman or Deputy Chairman of the Singapore International arbitration Centre ("SIAC").

• For example, between 2007 and 2016 the SIAC revised its rules 4 times.There is no ‘one size fits all’ approach, whereby the most aggressive or most conservative institution must be the best fit for all businesses in all situations.

• The arbitral tribunal shall consist of one (1) arbitrator to be appointed by the mutual agreement of the Parties, failing which the appointment shall be made by the president of the SIAC.

• The arbitral tribunal shall consists of 3 arbitrators, one each to be appointed by the Employer and the Contractor, and the third to be appointed by the mutual consent of both the arbitrator, failing which by making a reference CIDC – SIAC Arbitration Centre from their panel.

• If the dispute cannot be referred to or resolved by FIDREC, it shall be referred to and finally resolved by arbitration in Singapore in accordance with the Arbitration Rules of the Singapore International Arbitration Centre ("SIAC Rules") for the time being in force, which rules are deemed to be incorporated by reference in this clause.

More Definitions of SIAC

SIAC means the Singapore International Arbitration Centre; and

SIAC is defined in Clause 10.3.1.

SIAC s Cost" shall mean the costs incurred by SIAC in rendering the services hereunder, including the costs of hardware leases and maintenance, direct manpower costs (including product development, communications engineers and technicians, product planning and PARTICIPANT/data recipient test support), site support costs (including dual-site production and single-site quality assurance and intraday test environment support, operators and quality assurance analysts), costs of communications equipment and after-hours report preparation

SIAC shall bear the meaning ascribed to it in Clause 20 below.

SIAC has the meaning set forth in Section 10.3.

SIAC means the Singapore International Arbitration Centre. “SMC” means the Singapore Mediation Centre.

SIAC has the meaning set forth in Section 14.3.