Common use of Dispute Settlement Mechanism Clause in Contracts

Dispute Settlement Mechanism. 1. The Parties shall, within 1 year after the date of entry into force of this Agreement, establish appropriate formal dispute settlement procedures and mechanism for the purposes of this Agreement. 2. Pending the establishment of the formal dispute settlement procedures and mechanism under paragraph 1 above, any disputes concerning the interpretation, implementation or application of this Agreement shall be settled amicably by consultations and/or mediation.

Appears in 6 contracts

Samples: Framework Agreement, Framework Agreement, Framework Agreement

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Dispute Settlement Mechanism. 1. The Parties shall, within 1 one (1) year after the date of entry into force of this Agreement, establish appropriate formal dispute settlement procedures and mechanism for the purposes of this Agreement. 2. Pending the establishment of the formal dispute settlement procedures and mechanism under paragraph 1 above, any disputes concerning the interpretation, implementation or application of this Agreement shall be settled amicably by consultations and/or mediationmutual consultations.

Appears in 3 contracts

Samples: Framework Agreement on Comprehensive Economic Cooperation, Framework Agreement on Comprehensive Economic Cooperation, Framework Agreement on Comprehensive Economic Cooperation

Dispute Settlement Mechanism. 1. The Parties shall, within 1 one year after the date of entry into force of this Agreement, establish appropriate formal dispute settlement procedures and mechanism for the purposes of this Agreement. 2. Pending the establishment of the formal dispute settlement procedures and mechanism under paragraph 1 above, any disputes concerning the interpretation, implementation or application of this Agreement shall be settled amicably by consultations and/or mediation.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

Dispute Settlement Mechanism. 1. The Parties shall, within 1 year after the date of entry into force of this Agreement, parties shall establish appropriate formal dispute settlement procedures and mechanism for the purposes purpose of this AgreementAgreement by December 2005. 2. Pending the establishment of the formal dispute settlement procedures and mechanism under paragraph 1 aboveof this Article, any disputes concerning dispute arising between the parties regarding the interpretation, application or implementation or application of this Agreement shall be settled amicably by consultations and/or mediationthrough mutual consultations.

Appears in 1 contract

Samples: Framework Agreement

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Dispute Settlement Mechanism. 1. The Parties shall, within 1 year after the date of entry into force of this Agreement, establish appropriate formal dispute settlement procedures and mechanism for the purposes of this Agreement. 2. Pending the establishment of the formal dispute settlement procedures and mechanism under paragraph 1 above, any disputes concerning the interpretation, implementation or application of this Agreement shall be settled amicably by consultations and/or mediation.

Appears in 1 contract

Samples: Framework Agreement

Dispute Settlement Mechanism. 1. The Parties shall, within 1 year after the date of entry into force of this Agreement, shall establish appropriate formal dispute settlement procedures and mechanism for the purposes purpose of this AgreementAgreement by December 2005. 2. Pending the establishment of the formal dispute settlement procedures and mechanism under paragraph 1 aboveof this Article, any disputes concerning dispute arising between the Parties regarding the interpretation, application or implementation or application of this Agreement shall be settled amicably by consultations and/or mediationthrough mutual consultations.

Appears in 1 contract

Samples: Framework Agreement

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