ICSID Rules definition

ICSID Rules bears the meaning ascribed thereto in Section 9.4(a);
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ICSID Rules means the rules of the International Centre for Settlement of Investment Dispute in effect as of the date of entry into force of this Agreement or as may be amended from time to time. Explanatory Notes Definition of InvestmentOf all the definitions, “Investment” is perhaps the most controversial and critical given that the definition will determine which foreign capital flows will be covered by the Agreement. The scope of the definition of an Investment is also important in treaty drafting and negotiation because it determines whether an Investor can commence binding arbitration against host states in the event of a dispute.Based on the current policy direction of African Governments to promote investments that are supportive of sustainable development, through the development of policies to allow entry of businesses that brings constructive economic and social benefits, this Model BIT adopts an enterprise-based approach to the definition of Investment. It requires the establishment or acquisition of an enterprise, as one classically associated with foreign direct investment. The assets of the enterprise are then included among the covered assets of the investor. The illustrative list of assets that follows the opening paragraph is not the test of an investment but highlights the types of assets an investment covered under the BIT may own or control.Definition of MeasuresMeasures are set up to accommodate different levels of government. Drafters and negotiators of BITs should determine what levels of government should be covered. Note also that a judicial decision would be included in the list of measures proposed. This is commonly understood to be within the scope of investment treaties for the purpose of avoiding a potential major loophole. “Directly affecting” as used in the definition means the Measure must have a direct impact on or relation to the investment, not simply lead to some tangential or indirect impact on it.Africa Arbitration Academy Model Bilateral Investment Treaty for African States Definition of Traditional Knowledge and Traditional Cultural Expression The protection of the rights of indigenous peoples and Local/Ethnic Communities from undue use and exploitation by Investors is critical and thus forms part of the internationally recognised global protection standards for international investments. These rights include amongst others, Traditional Knowledge and Traditional Cultural Expressions. While there is yet to be a globally accepta...
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ICSID Rules. The meaning ascribed thereto in Section 16.3.1.
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Examples of ICSID Rules in a sentence

  • The Tribunal was thus constituted and the proceedings began on 18 December 2006, pursuant to Rule 6(1) of the ICSID Rules of Procedure for Arbitration Proceedings (“Arbitration Rules”).

  • Sixth, “if the Commission was the [only] rightful respondent, the Claimant would be deprived of the opportunity to bring a claim under the ICSID Rules or the ICSID Convention” (paragraph 527).

  • Three dates are important regarding Fraport‘s denial of an opportunity to address this new material, since they provide for the progressive closure of the proceedings.344 First, on 25 October 2006, the Tribunal declared the proceedings closed in accordance with Article 38 of the ICSID Rules, however reserving the possibility to the Philippines to inform Fraport and the Tribunal of the status of the expropriation proceedings in the Philippines.

  • TABLE OF ABBREVIATIONS Arbitration Rules ICSID Rules of Procedure for Arbitration ProceedingsBIT Bilateral investment treaty; specifically “Agreement Between the United States of America and the Republic of Ecuador Concerning the Reciprocal Promotion and Protection of Investments" of 27 August 1993Cl. Exh.

  • The Parties were notified on 8 March 2004 by ICSID that the Tribunal was constituted and that the proceedings had begun on that date in accordance with Rule 6(1) of the ICSID Rules of Procedure for Arbitration Proceedings (here called “the ICSID Arbitration Rules”).

  • TypeKnown VariablesNotes and Examples0start, end, durationStandard meeting with fixed times.1startstartMeetings with a fixed start time that will run until a certain task is finished rather than until a specific time.1endendMeetings with a fixed end time, but an unknown start time.

  • According to Georgia, neither the ICSID Convention nor the ICSID Rules expressly state whether an ad hoc committee can grant a request for a stay subject to conditions, and that as a consequence, the ad hoc committees' power to impose conditions must be exercised restrictively4.

  • This proposal, which was also supported by other ICSID Members, has regrettably not been taken up by the ICSID Secretariat in the most recent version of the draft revised ICSID Rules.

  • The Council should therefore support the proposed amendments to the ICSID Rules.

  • Suggested Changes to the ICSID Rules and Regulations, Working Paper of the ICSID Secretariat of 12 May 2005, at 12.

Related to ICSID Rules

  • PPB Rules means the rules of the Procurement Policy Board as set forth in Title 9 of the Rules of the City of New York (“RCNY”), § 1-01 et seq.

  • M&A Rules means the Provisions on Merging and Acquiring Domestic Enterprises by Foreign Investors, which was promulgated by six Governmental Agencies, namely, the Ministry of Commerce, the State-owned Assets Supervision and Administration Commission, the State Administration for Taxation, the State Administration for Industry and Commerce, the China Securities Regulatory Commission (the “CSRC”), and the State Administration of Foreign Exchange, on August 8, 2006 and became effective on September 8, 2006, as amended by the Ministry of Commerce on June 22, 2009.

  • FCA Rules means the Rules included within the FCA Handbook issued by the FCA.

  • PRA Rules means the Rules included within the PRA handbook issued by the PRA.

  • DOE Rules means DOE’s energy conservation regulations found in Title 10, Parts 429, 430, and 431 of the Code of Federal Regulations.

  • AIM Rules means the rules published by the London Stock Exchange governing admission to AIM and the regulation of AIM companies as amended or re-issued from time to time;

  • HKIAC Rules shall have the meaning ascribed to it in Section 10.13(a).

  • FSA Rules meanss the rules, guidance, principles and codes comprised in the Handbook of Rules and Guidance issued by the FSA.

  • Site Rules means all rules, regulations, directives and policies notified by the Company from time to time which are intended to be of general application to persons at a Site controlled or managed by the Company.

  • Hague Rules means the International Convention for the Unification of certain Rules of Law relating to Bills of Lading signed at Brussels on 25 August 1924.

  • SIFT Rules means the provisions of the Income Tax Act providing for a tax on certain income earned by a “SIFT trust” or “SIFT partnership” as those terms are defined in the Income Tax Act.

  • Network Rules means the operating rules of any Network, as may be amended from time to time and provided to Higher One in writing.

  • ISO-NE Rules means all rules and procedures adopted by NEPOOL, ISO-NE, or the RTO, and governing wholesale power markets and transmission in New England, as such rules may be amended from time to time, including but not limited to, the ISO-NE Tariff, the ISO-NE Operating Procedures (as defined in the ISO-NE Tariff), the ISO-NE Planning Procedures (as defined in the ISO-NE Tariff), the Transmission Operating Agreement (as defined in the ISO-NE Tariff), the Participants Agreement, the manuals, procedures and business process documents published by ISO-NE via its web site and/or by its e-mail distribution to appropriate NEPOOL participants and/or NEPOOL committees, as amended, superseded or restated from time to time.

  • HIPAA Rules means the Privacy, Security, Breach Notification, and Enforcement Rules at 45 CFR Part 160 and Part 164.

  • Hague-Visby Rules means the provisions of the International Convention for the Unification of certain rules Relating to Bills of Lading signed at Brussels on 25th August 1924 as amended by the Visby Protocol of 23rd February 1968 and the SDR Protocol of 21st December 1979;

  • JAMS Rules has the meaning assigned thereto in Section 13 hereof.

  • the Rules means the Insolvency Rules 1986 (as amended);

  • CySEC Rules means the Rules, Directives, Regulations, Guidance notes, opinions or recommendations of CySEC.

  • Park Rules means the rules of conduct and practice issued by us from time to time and applicable to the use of the Caravan and other facilities at the Park. A copy of the Park Rules in force at the date of this Licence Agreement is attached.

  • Scheme Rules means the applicable SEPA direct debit or credit transfer scheme rules of the European Payments Council as amended from time to time.

  • CCASS Rules means the General Rules of CCASS and the CCASS Operational Procedures in effect from time to time;

  • Market Rules means the rules, regulations, customs and practices from time to time of any exchange, clearing house or other organization or market involved in the conclusion, execution or settlement of a Contract any exercise by any such exchange, clearing house or other organization or market of any power or authority conferred on it.

  • Board Rules means the administrative rules and regulations promulgated by the

  • CPR Rules has the meaning set forth in Section 10.3(a).

  • House Rules means the specific rules that are adopted by a facility licensee to govern the operation of a licensed facility and events, and which must comply with these policies;

  • Applicable Rules means Section 10D of the Exchange Act, Rule 10D-1 promulgated thereunder, the listing rules of the national securities exchange or association on which the Company’s securities are listed, and any applicable rules, standards or other guidance adopted by the Securities and Exchange Commission or any national securities exchange or association on which the Company’s securities are listed.