Application of Law and Dispute Resolution. 1. This Agreement shall be governed by and construed in accordance with the laws of the People's Republic of China;
2. Any dispute arising from the performance of this Agreement shall be settled by both parties through friendly negotiation; If negotiation fails, Party A, Party B and Party C may bring a lawsuit to the people's court where Party B is located.
Application of Law and Dispute Resolution. The conclusion, validity, interpretation, fulfillment and dispute resolution of this Contract shall be under the laws of the People’s Republic of China. Any disputes and controversies arising from or in connection herewith shall be first resolved by consultation between the Borrower and the Lender; in the event that no negotiation is possible or no agreement can be reached through consultation, it shall be resolved as stipulated herein.
Application of Law and Dispute Resolution. Laws of the People's Republic of China apply to the contract. As for all the controversies, disputes resulted in the contract shall be resolved through negotiation of both parties, if failure, then the both parties shall adopt the resolution of disputes in line with the agreement in the main contract. During the resolving period, if the dispute has no impact on the implementing of other clauses, other clauses shall continue to be performed.
Application of Law and Dispute Resolution. 1. Both Party A and Party B agree to apply the laws of the People’s Republic of China to resolve any disputes arising from the formulation, interpretation and implementation of this agreement or related to this agreement.
2. During the implementation of this agreement, if any dispute arises or any dispute related to this agreement, both parties shall try their best to resolve it through negotiation in the spirit of friendly negotiation. If not, any party is obliged to file a civil lawsuit to The Third People’s Court of Dongguan City.
Application of Law and Dispute Resolution. 1. The conclusion, entry into force, interpretation and dispute settlement of this Agreement shall be governed by Chinese law.
2. All disputes under this Agreement shall first be settled by amicable negotiation between the parties. If the dispute is not settled through amicable negotiation within thirty (30) days after the dispute arises, either party shall have the right to submit the dispute to arbitration in Beijing by three arbitrators of the China International Economic and Trade Arbitration Commission (CIETAC) in accordance with the arbitration rules in effect at the time of the application. The initiating party and the respondent party shall each appoint one arbitrator, and the third arbitrator shall be appointed by CIETAC. If the initiating party or the respondent party has more than two arbitrators, the party shall appoint one arbitrator by written consensus. The arbitral award shall be final and binding on the parties to the arbitration. During the course of the arbitration, each party shall continue to perform all of its obligations under this Agreement, except for the matter or obligation under dispute submitted to arbitration.
3. if necessary, the arbitration institution shall have the authority, prior to making a final determination of the dispute between the parties, to grant WFOE appropriate legal remedies under its authority by first awarding the defaulting party immediate cessation of the default or by awarding the defaulting party to refrain from acts that would cause further damage to the Complying Party, including (1) awarding such remedies against the equity or assets of the target company; (2)
(1) grant a remedial injunction (e.g., ordering the target company to maintain operations or forcibly transferring assets); and (2) award the target company to be dissolved or liquidated.
4. Subject to Chinese law, and subject to Chinese laws, regulations and valid arbitration rules, a court of competent jurisdiction (i.e., the courts of the PRC, the Hong Kong Special Administrative Region of the PRC, the Cayman Islands and the location of the parties’ principal assets) shall have the authority to rule on interim relief (e.g., preservation of property, preservation of evidence) to support the conduct of the arbitration prior to the constitution of the arbitral tribunal or in appropriate circumstances, in accordance with its powers. Or, on the basis of an interlocutory decision of the arbitral institution, to rule that the breaching party immedi...
Application of Law and Dispute Resolution. (1) This Agreement shall be governed by the laws and regulations of the PRC with respect to the entry into force, interpretation, performance and settlement of disputes.
(2) All disputes under this Agreement shall first be settled by friendly negotiation between the parties. If the dispute is not settled through negotiation within thirty (30) days after the dispute arises, either party shall have the right to submit the dispute to the China International Economic and Trade Arbitration Commission (CIETAC) for arbitration in Beijing by three arbitrators in accordance with the arbitration rules of CIETAC in effect at the time of the application. The arbitral award shall be final and binding on all parties to the arbitration. While the arbitration is in progress, each party shall continue to perform its obligations under this Agreement, except for the matter or obligation under dispute.
3. If necessary, the arbitration institution shall have the right, prior to making a final decision on the dispute between the parties, to grant WFOE appropriate legal remedies under its authority by either awarding the defaulting party immediate cessation of the default or awarding the defaulting party to refrain from acts that would cause further damage to the defending party, including: (1) awarding such remedies against the equity or assets of Music Festival Culture; (2) granting a remedial injunction (e.g., to order the Music Festival Culture to remain in operation or to compel the transfer of assets); (3) awarding the dissolution or liquidation of the Music Festival Culture.
4. Subject to PRC laws, and subject to PRC laws, regulations and valid arbitration rules, a court of competent jurisdiction (i.e. the courts of the PRC, the Hong Kong Special Administrative Region of the PRC, the Cayman Islands and the location of the parties’ principal assets) shall have the authority to grant interim relief (e.g. preservation of property, preservation of evidence) in support of the arbitration prior to the constitution of the arbitral tribunal or in appropriate circumstances, ex officio. Or to rule, on the basis of an interlocutory decision of an arbitral institution, that the breaching party immediately ceases the breach or that the breaching party shall refrain from acts that would lead to a further increase in the damages suffered by the complying party.
Application of Law and Dispute Resolution. 17.1 The conclusion, effectiveness, interpretation, amendment, supplement, termination, execution and dispute resolution of this Agreement shall be governed by the laws of the People’s Republic of China (only for the purpose of this Agreement and for the avoidance of doubt, excluding the laws of Hong Kong Special Administrative Region, Macao Special Administrative Region and Taiwan).
17.2 Both parties undertake that they shall, in the first place, make every effort to overcome difficulties and ensure the performance of this Agreement in connection with any dispute or dispute related to this Agreement. If the actual performance or proper performance has insurmountable difficulties and it is necessary to modify or rescind the agreement, it shall negotiate with the other party within the legal provisions or a reasonable time limit. If no agreement can be reached through negotiation, the plaintiff may file a lawsuit (including application for payment order) to the people’s court that has jurisdiction over the plaintiff’s domicile (the domicile refers to the actual place of business of both parties, which is recognized by both parties as the location of the main office and the actual place of residence of the company).
17.3 In the course of negotiation or litigation, the parties hereto shall still perform the provisions not involved in the disputed parts of this Agreement.
Application of Law and Dispute Resolution. This contract is governed by the laws of the People’s Republic of China (for the purpose of this contract, excluding the laws of the Hong Kong Special Administrative Region, Macao Special Administrative Region, and Taiwan).
Application of Law and Dispute Resolution. 8.1 The rights and obligations of each party under the agreement and items of the agreement apply to the Chinese law and are interpreted according to the Chinese law.
8.2 For the disputes related to the agreement, the lessor and repurchaser shall settle them through friendly consultation according to the contents agreed in the agreement. If they cannot be solved through negotiations, shall apply the regulation of Article 1 as follows:
(1) Any party can institute a law suit to the People's Court with right of jurisdiction in Tianjin.
(2) Choose___________________________to arbitrate:
(3) Others:
Application of Law and Dispute Resolution. 14.1 The validity, interpretation, performance and other related matters of this Agreement shall be governed by the laws of the People’s Republic of China and the principles of conflict of laws shall not invoke.
14.2 The parties to this Agreement shall negotiate in good faith to resolve any disputes arising from or related to this Agreement. The negotiation shall begin immediately after one party submits a request for negotiation to the other party. If the dispute cannot be resolved within 30 days from the date of submission of the request for consultation, either party may submit the dispute to the Beijing Branch of the China International Economic and Trade Arbitration Commission (CIETAC) for arbitration in accordance with the CIETAC Arbitration Rules in force at the time of submission. The place of arbitration is Beijing. The official language of arbitration is Chinese. The arbitral tribunal shall consist of an arbitrator appointed by CIETAC. The arbitration procedure is confidential, and the arbitrator may issue appropriate protection orders to protect the confidential information of the parties. The arbitral award shall be final and binding upon the parties. The parties may apply to the court of competent jurisdiction for enforcement of the arbitral award.
