Common use of Settlement of Dispute Clause in Contracts

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with the interpretation or performance of this Agreement through friendly negotiation. In case no settlement can be reached through negotiation within six months, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC"). The arbitration shall follow the current rules of CIETAC. The arbitration award shall be final and binding upon the parties and shall be enforceable in accordance with its terms.

Appears in 20 contracts

Samples: Loan Agreement, Exclusive Option Agreement, Exclusive Option Agreement

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Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")”) in accordance with its rules. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 6 contracts

Samples: Shares Pledge Agreement (ONE Bio, Corp.), Shares Pledge Agreement (ONE Bio, Corp.), Shares Pledge Agreement (Fuda Faucet Works, Inc.)

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC"). The arbitration shall follow the current in accordance with its rules of CIETACthen in effect. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 3 contracts

Samples: Pledge of Equity Agreement (China Green Agriculture, Inc.), Pledge of Equity Agreement (China Green Agriculture, Inc.), Pledge of Equity Agreement (Kingtone Wirelessinfo Solution Holding LTD)

Settlement of Dispute. The parties Parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")”) in Beijing in accordance with its rules then in effect. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 3 contracts

Samples: Shares Pledge Agreement (Matches, Inc.), Shares Pledge Agreement (Birch Branch Inc), Shares Pledge Agreement (Granto, Inc.)

Settlement of Dispute. The parties Parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")) in Beijing in accordance with its rules then in effect. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Share Equity Pledge Agreement (BRS Group Inc)

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to the China International Economic and Trade Arbitration Commission (the "CIETAC")) in accordance with its rules. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Share Pledge Agreement (Paperclip Software Ince)

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")”) in Beijing in accordance with its rules. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Pledge Agreement (Biostar Pharmaceuticals, Inc.)

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Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")) in accordance with its rules. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Share Pledge Agreement (Parallel Technologies Inc)

Settlement of Dispute. The parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute arises, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")”) in accordance with its rules. The arbitration shall follow the current rules of CIETACtake place in Beijing. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Shares Pledge Agreement (Huifeng Bio-Pharmaceutical Technology, Inc.)

Settlement of Dispute. The parties Parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China International Economic and Trade Arbitration Commission (the "CIETAC")”) in Shenzhen in accordance with its rules then in effect. The arbitration shall follow the current rules of CIETACtake place in Shenzhen. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Shares Pledge Agreement (JINHAO MOTOR Co)

Settlement of Dispute. The parties Parties shall strive to settle any dispute arising from, out of or in connection with from the interpretation or performance of this Agreement through friendly negotiationconsultation. In case no settlement can be reached through negotiation consultation within six monthsthirty (30) days after such dispute is raised, each party can submit such matter to China Shanghai International Economic and Trade Arbitration Commission (the "CIETAC")“SHIAC”) in Shanghai in accordance with its rules then in effect. The arbitration shall follow the current rules of CIETACtake place in Shanghai. The arbitration award shall be final final, conclusive and binding upon the parties and shall be enforceable in accordance with its termsboth parties.

Appears in 1 contract

Samples: Share Equity Pledge Agreement (Comjoyful International Co)

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