Common use of Settlement of Dispute Clause in Contracts

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with the interpretation or performance of this Agreement through friendly negotiation. In case no settlement can be reached through negotiation within six months, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC"). The arbitration shall follow the current rules of CIETAC. The arbitration award shall be final and binding upon the parties and shall be enforceable in accordance with its terms.

Appears in 20 contracts

Samples: Loan Agreement, Exclusive Option Agreement, Consulting and Services Agreement

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Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")”) in accordance with its rules. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 6 contracts

Samples: Shares Pledge Agreement (ONE Bio, Corp.), Shares Pledge Agreement (ONE Bio, Corp.), Shares Pledge Agreement (ONE Holdings, Corp.)

Settlement of Dispute. 9.1 The parties Parties hereto shall strive to settle any dispute disputes arising from, out of or in connection with from the interpretation or and performance of this the Agreement through friendly negotiationin good faith. In case no settlement can be reached through negotiation within six monthsreached, each either party can may submit such matter the dispute to arbitration before China International Economic and Trade Arbitration Commission (“CIETAC”) according to the "CIETAC")rules of arbitration then in force. Such arbitration shall be conducted at Beijing and in Chinese. The arbitration shall follow the current rules of CIETAC. The arbitration arbitral award shall be final and binding upon the parties and Parties hereto. The terms set forth in this section shall be enforceable in accordance with its termssurvive the termination or cancellation of the Agreement.

Appears in 4 contracts

Samples: Exclusive Technology Consulting and Services Agreement (uCloudlink Group Inc.), Exclusive Technology Consulting and Service Agreement (uCloudlink Group Inc.), Exclusive Technology Consulting and Service Agreement (uCloudlink Group Inc.)

Settlement of Dispute. The parties Parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")”) in Beijing in accordance with its rules then in effect. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 3 contracts

Samples: Shares Pledge Agreement (Matches, Inc.), Shares Pledge Agreement (Birch Branch Inc), Shares Pledge Agreement (Granto, Inc.)

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC"). The arbitration shall follow the current in accordance with its rules of CIETACthen in effect. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 3 contracts

Samples: Pledge of Equity Agreement (China Green Agriculture, Inc.), Pledge of Equity Agreement (China Green Agriculture, Inc.), Pledge of Equity Agreement (Kingtone Wirelessinfo Solution Holding LTD)

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")South China Sub-Commission in Shenzhen in accordance with its rules then in effect. The arbitration shall follow the current rules of CIETACtake place in Shenzhen. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 2 contracts

Samples: Pledge of Equity Agreement (Tianli Agritech, Inc.), Pledge of Equity Agreement (Tai Shan Communications, Inc.)

Settlement of Dispute. The parties Parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")) in Beijing in accordance with its rules then in effect. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Share Equity Pledge Agreement (BRS Group Inc)

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to the China International Economic and Trade Arbitration Commission (the "CIETAC")) in accordance with its rules. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Share Pledge Agreement (Paperclip Software Ince)

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Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")”) in Beijing in accordance with its rules. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Share Pledge Agreement (Biostar Pharmaceuticals, Inc.)

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")) in accordance with its rules. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Share Pledge Agreement (Parallel Technologies Inc)

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC"). The arbitration shall follow the current in accordance with its rules of CIETAC. located in Beijing The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Pledge of Equity Agreement (Asia Carbon Industries, Inc.)

Settlement of Dispute. The parties Parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China Shanghai International Economic and Trade Arbitration Commission (the "CIETAC")“SHIAC”) in Shanghai in accordance with its rules then in effect. The arbitration shall follow the current rules of CIETACtake place in Shanghai. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Equity Pledge Agreement (Comjoyful International Co)

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute arises, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")”) in accordance with its rules. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Shares Pledge Agreement (Huifeng Bio-Pharmaceutical Technology, Inc.)

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