Governing Law and Dispute Settlement. 9.1 The execution, validity, performance and interpretation of this Agreement shall be governed by and construed in accordance with the laws of the PRC. 9.2 The Parties shall strive to settle any dispute arising from the interpretation or performance through friendly consultation. In case no settlement can be reached through consultation, either party may submit such matter to China International Economic and Trade Arbitration Commission (“CIETAC”) for arbitration. The arbitration shall follow the then current rules of CIETAC, and the arbitration proceedings shall be conducted in Chinese and shall take place in Beijing. The arbitration award shall be final and binding upon the Parties. This article shall not be affected by the termination or elimination of this Agreement. 9.3 In case of any disputes arising out of the interpretation and performance of this Agreement or any pending arbitration of such dispute, each party shall continue to perform their obligations under this Agreement, except for the matters in dispute.
Appears in 4 contracts
Samples: Loan Agreement (Renren Inc.), Loan Agreement (Renren Inc.), Loan Agreement (Renren Inc.)
Governing Law and Dispute Settlement. 9.1 The execution, validity, performance and interpretation of this Agreement shall be governed by and construed in accordance with the laws of the PRC.
9.2 The Parties Both parties shall strive to settle any dispute arising from the interpretation or performance through friendly consultation. In case no settlement can be reached through consultation, either party Party may submit such matter to China International Economic and Trade Arbitration Commission (“CIETAC”) for arbitration. The arbitration shall follow the then current rules of CIETAC, and the arbitration proceedings shall be conducted in Chinese and shall take place in BeijingShanghai. The arbitration award shall be final and binding upon the both Parties. This article shall not be affected by the termination or elimination of this Agreement.
9.3 In case of any disputes arising out of the interpretation and performance of this Agreement or any pending arbitration of such dispute, each party Party shall continue to perform their obligations under this Agreement, except for the matters in dispute.
Appears in 3 contracts
Samples: Loan Agreement (Youku Tudou Inc.), Loan Agreement (Youku Tudou Inc.), Loan Agreement (Youku Tudou Inc.)
Governing Law and Dispute Settlement. 9.1 The execution, validity, performance and interpretation of this Agreement shall be governed by and construed in accordance with the laws of the PRC.
9.2 The Parties parties shall strive to settle any dispute arising from the interpretation or performance through friendly consultation. In case no settlement can be reached through consultation, either party may submit such matter to China International Economic and Trade Arbitration Commission (“CIETAC”) for arbitration. The arbitration shall follow the then current rules of CIETAC, and the arbitration proceedings shall be conducted in Chinese and shall take place in Beijing. The arbitration award shall be final and binding upon the Partiesparties. This article shall not be affected by the termination or elimination of this Agreement.
9.3 In case of any disputes arising out of the interpretation and performance of this Agreement or any pending arbitration of such dispute, each party shall continue to perform their obligations under this Agreement, except for the matters in dispute.
Appears in 2 contracts
Samples: Loan Agreement (YOUKU.COM Inc.), Loan Agreement (YOUKU.COM Inc.)
Governing Law and Dispute Settlement. 9.1 8.1 The execution, validity, performance and interpretation of this Agreement shall be governed by and construed in accordance with the laws of the PRC.
9.2 The Parties 8.2 Both parties shall strive to settle any dispute arising from the interpretation or performance through friendly consultation. In case no settlement can be reached through consultation, either party Party may submit such matter to China International Economic and Trade Arbitration Commission (“CIETAC”) for arbitration. The arbitration shall follow the then current rules of CIETAC, and the arbitration proceedings shall be conducted in Chinese and shall take place in BeijingShanghai. The arbitration award shall be final and binding upon the both Parties. This article shall not be affected by the termination or elimination of this Agreement.
9.3 8.3 In case of any disputes arising out of the interpretation and performance of this Agreement or any pending arbitration of such dispute, each party Party shall continue to perform their obligations under this Agreement, except for the matters in dispute.
Appears in 2 contracts
Samples: Loan Agreement (Youku Tudou Inc.), Loan Agreement (Youku Tudou Inc.)
Governing Law and Dispute Settlement. 9.1 The execution, validity, performance and interpretation of this Agreement shall be governed by and construed in accordance with the laws of the PRC.
9.2 The Parties shall strive to settle any dispute arising from the interpretation or performance through friendly consultation. In case no settlement can be reached through consultation, either party may submit such matter to China International Economic and Trade Arbitration Commission (the “CIETAC”) for arbitration. The arbitration shall follow the then current rules of CIETAC, and the arbitration proceedings shall be conducted in Chinese and shall take place in Beijing. The arbitration award shall be final and binding upon the Parties. This article shall not be affected by the termination or elimination of this Agreement.
9.3 In case of any disputes arising out of the interpretation and performance of this Agreement or any pending arbitration of such dispute, each party shall continue to perform their obligations under this Agreement, except for the matters in dispute.
Appears in 1 contract
Samples: Loan Agreement (Renren Inc.)