Common use of Governing Laws and Resolution of Disputes Clause in Contracts

Governing Laws and Resolution of Disputes. 14.1. The execution, effectiveness, construction, performance, amendment, and termination of this Agreement and the resolution of disputes hereunder shall be governed by the PRC laws. 14.2. In the event of any dispute with respect to the construction and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to reach an agreement on the dispute within thirty (30) days after either Party requests the other Parties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission for arbitration, in accordance with its arbitration rules. The arbitration shall be conducted in Shanghai, and the language used in the arbitration shall be Chinese. The arbitration shall be final and binding on all Parties. 14.3. Upon the occurrence of any disputes arising from the construction and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (Soulgate Inc.)

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Governing Laws and Resolution of Disputes. 14.1. 8.1 The execution, effectiveness, construction, performance, amendment, amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the PRC laws. 14.2. 8.2 In the event of any dispute with respect to the construction and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event that the Parties fail to reach an agreement on the dispute within thirty (30) 30 days after either Party requests Party’s request to the other Parties Party for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission for arbitration, in accordance with its then effective arbitration rules. The arbitration shall be conducted in Shanghai, and the language used in the arbitration shall be Chinese. The arbitration shall be final and binding on all Parties. 14.3. 8.3 Upon the occurrence of any disputes arising from the construction and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Soulgate Inc.)

Governing Laws and Resolution of Disputes. 14.1. 7.1 The execution, effectiveness, construction, performance, amendment, amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the PRC lawslaws of China. 14.2. 7.2 In the event of any dispute with respect to the construction and performance of the provisions of this Agreement, the Parties parties shall first hold consultations in good faith to resolve the dispute through friendly negotiationsdispute. In the event the Parties parties fail to reach an agreement on the dispute within thirty (30) 30 days after either Party requests party's request to the other Parties party for resolution of the dispute through negotiations, either Party party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission for arbitration, in accordance with its then current arbitration rules. The arbitration shall be conducted in ShanghaiBeijing, and the language used in the arbitration shall be Chinese. The arbitration ruling shall be final and binding on all Partiesboth parties. 14.3. 7.3 Upon the occurrence of any disputes arising from the construction and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement.

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (China Hospitals Inc)

Governing Laws and Resolution of Disputes. 14.1. 7.1 The execution, effectiveness, construction, performance, amendment, amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the PRC lawslaws of China. 14.2. 7.2 In the event of any dispute with respect to the construction interpretation and performance of this Agreement, the Parties shall first negotiate in good faith to resolve the dispute through friendly negotiationsfirst. In the event the Parties fail to reach an agreement on the resolution of such a dispute within thirty (30) 30 days after either Party requests the other Parties for any Party’s written notice requesting resolution of the dispute through negotiations, either any Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission for arbitration, in accordance with its then-effective arbitration rules. The arbitration shall be conducted in ShanghaiBeijing, and the language used in the during arbitration shall be Chinese. The arbitration ruling shall be final and binding on all to both Parties. 14.3. 7.3 Upon the occurrence of any disputes arising from the construction interpretation and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement parties hereto shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement.

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (NQ Mobile Inc.)

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Governing Laws and Resolution of Disputes. 14.1. 7.1 The execution, effectiveness, construction, performance, amendment, and termination of this Agreement and the resolution of disputes hereunder shall be governed by the PRC laws. 14.2. 7.2 In the event of any dispute with respect to the construction and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to reach an agreement on the dispute within thirty (30) 30 days after either Party requests the other Parties Party for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission for arbitration, in accordance with its arbitration rules. The arbitration shall be conducted in Shanghai, and the language used in the arbitration shall be Chinese. The arbitration shall be final and binding on all Parties. 14.3. 7.3 Upon the occurrence of any disputes arising from the construction and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement.

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (Soulgate Inc.)

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