Common use of Dispute Settlement Clause in Contracts

Dispute Settlement. 8.1 With regards to any dispute in relation to the interpretation or implementation of this Agreement, the Parties shall negotiate friendly to settle the dispute. In case no settlement can be reached through consultation, each Party can submit such matter to China International Economic and Trade Arbitration Committee for arbitration according to the current effective arbitration rules. The arbitration shall be held in Beijing. The arbitration proceedings shall be conducted in Chinese. The arbitration award shall be final and binding on the Parties.

Appears in 15 contracts

Samples: Exclusive Technical Consulting and Service Agreement (Recon Technology, LTD), Exclusive Technical Consulting and Service Agreement (Recon Technology, LTD), Exclusive Technical Consulting and Service Agreement (HiTek Global Inc.)

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Dispute Settlement. 8.1 With regards regard to any dispute in relation to the interpretation or implementation of this Agreement, the Parties shall negotiate friendly in good faith to settle the dispute. In case no If the dispute cannot be settled within thirty (30) days from the date any party issues written notice requesting settlement can be reached of a dispute through consultationnegotiation, each Party can party has the right to submit such matter the dispute to the China International Economic and Trade Arbitration Committee for arbitration according to the current effective valid arbitration rules. The arbitration shall be held in Beijing. The arbitration proceedings shall be conducted in Chinese. The arbitration award shall be is final and binding on the Partieseach party.

Appears in 13 contracts

Samples: Exclusive Equity Interest Purchase Agreement, Equity Interest Purchase Agreement (Metha Energy Solutions Inc.), Equity Interest Purchase Agreement (Metha Energy Solutions Inc.)

Dispute Settlement. 8.1 With regards to any dispute in relation to the interpretation or implementation of this Agreement, the Parties shall negotiate friendly to settle the dispute. In case no If it can not be settled within thirty (30) days from the date any party issuing written notice requesting settlement can be reached of dispute through consultationnegotiation, each Party can party has the right to submit such matter it to China International Economic and Trade Arbitration Committee for arbitration according to the current effective valid arbitration rules. The arbitration shall be held in Beijing. The arbitration proceedings shall be conducted in Chinese. The arbitration award shall be is final and binding on the Partieseach party.

Appears in 10 contracts

Samples: Exclusive Equity Interest Purchase Agreement (Trip Tech Inc), Exclusive Equity Interest Purchase Agreement (Trip Tech Inc), Exclusive Equity Interest Purchase Agreement (Dexterity Surgical Inc)

Dispute Settlement. 8.1 With regards to Any dispute arising from the interpretation of or the performance of the terms and conditions hereunder shall be settled through bona fide negotiations. If such dispute cannot be so settled, it may be submitted by any dispute in relation Party to the interpretation or implementation of this Agreement, the Parties shall negotiate friendly to settle the dispute. In case no settlement can be reached through consultation, each Party can submit such matter to China International Economic and Trade Arbitration Committee for arbitration according Commission and arbitrated in Beijing, China pursuant to the current effective arbitration rules. The language for arbitration shall will be held in Beijing. The arbitration proceedings shall be conducted in Chinese. The arbitration award shall be accepted as final and binding on upon the Parties.

Appears in 6 contracts

Samples: Operating Agreement (Fang Holdings LTD), Operating Agreement (China Index Holdings LTD), Operating Agreement (China Index Holdings LTD)

Dispute Settlement. 8.1 With regards The Parties shall strive to settle any dispute in relation to the interpretation or implementation disputes arising out of this Agreement, the Parties shall negotiate friendly to settle the disputeAgreement or in connection with this Agreement through mediation in good faith. In case no settlement can be reached through consultationmediation, each Party can submit such matter to the China International Economic and Trade Arbitration Committee for arbitration according pursuant to the current effective arbitration rulesrules then in effect. The arbitration shall be held in Beijing. The language for the arbitration proceedings shall be conducted in Chinese. The arbitration award result shall be final and binding on the upon both Parties.

Appears in 6 contracts

Samples: Exclusive Technical and Consulting Service Agreement, Exclusive Technical and Consulting Service Agreement (Tri-Tech Holding, Inc.), Exclusive Technical and Consulting Service Agreement (Haiwang Resources & Technology Ltd.)

Dispute Settlement. 8.1 With regards The Parties shall strive to settle any dispute in relation to arising from the interpretation or implementation of performance, or in connection with this Agreement, the Parties shall negotiate friendly to settle the disputeAgreement through mutual negotiation. In case no settlement can be reached through consultationnegotiation, each either Party can may submit such matter dispute to the China International Economic and Trade Arbitration Committee for arbitration according to the its current effective arbitration rules. The arbitration shall be held in Beijing, PRC. The arbitration proceedings shall be conducted in Chinese. The arbitration award shall be final and binding on upon the Parties.

Appears in 6 contracts

Samples: Exclusive Technical Consulting Service Agreement (Metha Energy Solutions Inc.), Exclusive Technical Consulting Service Agreement (Metha Energy Solutions Inc.), Exclusive Technical Consulting Service Agreement (Zheng Hui Industry Corp.)

Dispute Settlement. 8.1 With regards The disputes arising out hereof shall, first of all, be settled through amicable negotiation. Pending a solution for two months since the date of negotiation, any party is entitled to any dispute in relation submit the settlement for arbitration to the interpretation or implementation of this Agreement, the Parties shall negotiate friendly to settle the dispute. In case no settlement can be reached through consultation, each Party can submit such matter to China International Economic and Trade Arbitration Committee for Commission with Beijing as the arbitration according to the current effective arbitration ruleslocality. The arbitration verdicts shall be held in Beijing. The arbitration proceedings shall be conducted in Chinese. The arbitration award shall be final conclusive and binding on bind the PartiesParties hereto.

Appears in 4 contracts

Samples: Consultant Services Agreement (China Pediatric Pharmaceuticals, Inc.), Consultant Services Agreement (China Pediatric Pharmaceuticals, Inc.), Consultant Services Agreement (China Pediatric Pharmaceuticals, Inc.)

Dispute Settlement. 8.1 With regards 10.1 The parties shall strive to settle any dispute in relation to arising from the interpretation construction or implementation performance of this Agreement, the Parties shall negotiate Agreement through friendly to settle the disputeconsultation. In case no settlement can be reached through consultation, each Party party can submit such matter dispute to China International Economic and Trade Arbitration Committee Commission (“CIETAC”) for arbitration according to in accordance with the current effective arbitration rules. The arbitration shall be held in Beijingrules of CIETAC. The arbitration proceedings shall take place in Beijing and shall be conducted in Chinese. The arbitration award shall be final and binding on upon all the Partiesparties.

Appears in 4 contracts

Samples: Business Operation Agreement (Tom Online Inc), Business Operation Agreement (Tom Online Inc), Business Operation Agreement (Tom Online Inc)

Dispute Settlement. 8.1 With regards The Parties shall strive to settle any dispute in relation to arising from the interpretation or implementation of performance, or in connection with this Agreement, the Parties shall negotiate Agreement through friendly to settle the disputeconsultation. In case no settlement can be reached through consultation, each Party can submit such matter to China International Economic and Trade Arbitration Committee for arbitration according to the current effective arbitration rulesrules of its. The arbitration shall be held in Beijing. The arbitration proceedings shall be conducted in Chinese. The arbitration award shall be final and binding on upon the Parties.

Appears in 4 contracts

Samples: Exclusive Technical Consulting and Service Agreement (Trip Tech Inc), Exclusive Technical Consulting and Service Agreement (Trip Tech Inc), Exclusive Technical Consulting and Service Agreement (Dexterity Surgical Inc)

Dispute Settlement. 8.1 With regards to If any dispute arises from or in relation to connection with the interpretation or implementation and performance of this Agreement, both parties hereto shall first settle such dispute in good faith through consultations. Should the Parties shall negotiate friendly dispute fail to settle be settled, either party may submit the dispute. In case no settlement can be reached through consultation, each Party can submit such matter dispute to the China International Economic and Trade Arbitration Committee Commission for arbitration according to the current effective its then applicable arbitration rules. The arbitration proceedings shall be held take place in Beijing. The arbitration proceedings Beijing and shall be conducted in Chinese. The arbitration arbitral award shall be final and binding on the Partiesupon both parties.

Appears in 2 contracts

Samples: Exclusive Technology Consulting and Service Agreement (AutoNavi Holdings LTD), Exclusive Technology Consulting and Service Agreement (AutoNavi Holdings LTD)

Dispute Settlement. 8.1 With regards The Parties shall strive to settle any dispute in relation to arising from the interpretation or implementation of performance, or in connection with this Agreement, the Parties shall negotiate friendly to settle the disputeAgreement through mutual negotiation. In case no settlement can be reached through consultationnegotiation, each either Party can may submit such matter dispute to the China International Economic and Trade Arbitration Committee for arbitration according to the current its then effective arbitration rules. The arbitration shall be held in Beijing, PRC. The arbitration proceedings shall be conducted in Chinese. The arbitration award shall be final and binding on upon the Parties.

Appears in 2 contracts

Samples: Exclusive Technical Consulting Service Agreement (Grand Farm Inc.), Exclusive Technical Consulting Service Agreement (Kurrant Food Enterprises, Inc.)

Dispute Settlement. 8.1 With regards to In case any dispute in relation to occurs regarding interpretation and implementation under the interpretation or implementation terms of this Agreementagreement, the Parties parties hereto shall negotiate friendly in good faith to settle resolve the disputedisputes. In case no settlement can be reached through consultationIf negotiation fails, each Party can either party may submit such matter the dispute to China International Economic and Trade Arbitration Committee for arbitration according Commission to the current arbitrate in accordance with its effective arbitration rulesrules then. The place of arbitration shall be held in is Beijing. The , and the arbitration proceedings shall be conducted in language is Chinese. The arbitration award shall be final and binding on the Partiesboth parties. The expiration or termination of this agreement shall not affect this article.

Appears in 2 contracts

Samples: Consulting and Services Agreement (Ku6 Media Co., LTD), Consulting and Services Agreement (Ku6 Media Co., LTD)

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Dispute Settlement. 8.1 With regards to any Any claim or dispute arising out of or in relation to the interpretation or implementation of connection with this Agreement, Agreement shall be resolved by the Parties shall negotiate through friendly to settle the disputenegotiations. In case If no settlement agreement can be reached through consultation, each Party can submit such matter both parties agree to apply to the China International Economic and Trade Arbitration Committee Commission for arbitration according to arbitration, the current effective arbitration rules. The arbitration results of which shall be held in Beijing. The arbitration proceedings shall be conducted in Chinese. The arbitration award shall be final and legally binding on the Partiesboth parties.

Appears in 1 contract

Samples: Equity Transfer Agreement (Infobird Co., LTD)

Dispute Settlement. 8.1 With regards to Any dispute arising from the interpretation of or the performance of the terms and conditions hereunder shall be settled through bona fide negotiations. If such dispute cannot be so settled, it may be submitted by any dispute in relation Party to the interpretation or implementation of this Agreement, the Parties shall negotiate friendly to settle the dispute. In case no settlement can be reached through consultation, each Party can submit such matter to South China International Economic and Trade Arbitration Committee for arbitration according Commission and arbitrated in Beijing, China pursuant to the current effective arbitration rules. The language for arbitration shall will be held in Beijing. The arbitration proceedings shall be conducted in Chinese. The arbitration award shall be accepted as final and binding on upon the Parties.

Appears in 1 contract

Samples: Operating Agreement (Spirit International, Inc.)

Dispute Settlement. 8.1 With regards to 7.1 If there is any dispute in relation to about the interpretation or implementation and performance of this Agreementrelevant clauses hereunder, the Parties hereto shall negotiate friendly to settle the dispute. In case no settlement can be reached dispute in good faith through consultation. Where consultation fails, each Party can any party may submit such matter the dispute to China International Economic and Trade Arbitration Committee Commission for arbitration according to the current effective arbitration rulesrules of the Commission then in effect. The arbitration Arbitration shall be held made in Beijing. The arbitration proceedings shall be conducted Beijing and in Chinese. The award of the arbitration award shall be final and binding on upon the PartiesParties hereto.

Appears in 1 contract

Samples: Business Operation Agreement (Professional Diversity Network, Inc.)

Dispute Settlement. 8.1 With regards to any Any dispute in relation to arising from the interpretation or implementation performance of this AgreementAgreement may be settled through negotiation between both parties. If the negotiation fails, the Parties shall negotiate friendly to settle the dispute. In case no settlement can be reached through consultation, each Party can either party may submit such matter it to China International Economic and Trade Arbitration Committee Commission in Beijing for arbitration according to the current effective arbitration rulesarbitration. The language of arbitration shall be held in Beijing. The arbitration proceedings shall be conducted in is Chinese. The arbitration award shall be final and binding on the Parties.

Appears in 1 contract

Samples: Loan Agreement (iQIYI, Inc.)

Dispute Settlement. 8.1 With regards The Parties shall firstly try to resolve any dispute in relation to connection with the interpretation or implementation performance of this AgreementAgreement through amicable negotiation. If failing to be resolved through negotiation, the Parties any dispute or claim arising out of this Agreement shall negotiate friendly to settle the dispute. In case no settlement can be reached through consultation, each Party can submit such matter submitted to China International Economic and Trade Arbitration Committee Commission Beijing Branch for arbitration according to in Shanghai in accordance with its arbitration rules current in force at the current effective arbitration rulestime of application for arbitration. The arbitration rules shall be held in Beijing. The arbitration proceedings shall be conducted in Chinese. The deemed as part of this section and the arbitration award shall be final and binding on upon the Partiesparties.

Appears in 1 contract

Samples: Beijing Weland (Xueda Education Group)

Dispute Settlement. 8.1 With regards Any dispute relating to any this Agreement shall be settled by consultation between all Parties pursuant to principle of good faith and honesty. Any dispute in relation cannot be solved by consultation shall be submitted to the interpretation or implementation of this Agreement, the Parties shall negotiate friendly to settle the dispute. In case no settlement can be reached through consultation, each Party can submit such matter to China International Economic and Trade Arbitration Committee Commission for arbitration according to the current in accordance with its effective arbitration rulesrules of arbitration. The arbitration shall be held in Beijing. The arbitration proceedings shall be conducted in Chinese. The arbitration Beijing and the award shall be final and binding on the upon all Parties.

Appears in 1 contract

Samples: Disclosure Agreement (Global Environmental Energy Coporation)

Dispute Settlement. 8.1 With regards to any dispute in relation to the interpretation or implementation of this Agreement, the All Parties shall negotiate friendly for the settlement of any dispute arising from or related to settle the dispute. In agreement; in case no settlement can be reached through consultationof negotiation failure, each Party can any party shall submit such matter the dispute to China International Economic and Trade Arbitration Committee for arbitration in Shanghai according to the current contemporary and effective arbitration rules. The arbitration shall be held in Beijing. The arbitration proceedings shall be conducted in Chineseregulations. The arbitration award shall be final and legally binding on upon all Parties. Any party shall have the Partiesright to apply to the people’s court with administrative right for compulsory execution.

Appears in 1 contract

Samples: Patent Transfer Agreement (Cellular Biomedicine Group, Inc.)

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