Common use of Settlement of Dispute Clause in Contracts

Settlement of Dispute. Any dispute over the agreement by Parties A and B shall be settled through friendly negotiation. In the event negotiation fails to settle the dispute, it shall be arbitrated by the China Economic and Foreign Trade Arbitration Committee in Beijing. Fee for arbitration shall be paid by the losing party.

Appears in 7 contracts

Samples: Purchase Agreement (Chipcards Inc), Technical Services and Licensing Agreement (Chipcards Inc), Technical Services and Licensing Agreement (Chipcards Inc)

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Settlement of Dispute. Any dispute over the agreement by Parties A and B disputes arising from or in connection with this Agreement shall be settled through friendly negotiation among the Parties. If the dispute cannot be resolved by negotiation. In , then any Party may submit the event negotiation fails dispute to settle the dispute, it shall be arbitrated by the China International Economic and Foreign Trade Arbitration Committee located in Beijing. Fee Beijing for arbitration according to and regulations in effect at the time of applying for arbitration. The arbitration award shall be paid by the losing partyfinal and binding on all parties.

Appears in 6 contracts

Samples: Equity Transfer Agreement (China New Energy Group CO), Equity Transfer Agreement (China New Energy Group CO), Equity Transfer Agreement (China New Energy Group CO)

Settlement of Dispute. Any dispute over disputes under the agreement by Parties A and B Agreement shall be settled at first through friendly negotiationconsultation between the parties hereto. In case no settlement can be reached through consultation, each party shall have the event negotiation fails right to settle the dispute, it submit such disputes to China International Economic and Trade Arbitration Commission. The arbitration award shall be arbitrated by the China Economic final and Foreign Trade Arbitration Committee in Beijing. Fee for arbitration shall be paid by the losing partybinding on both parties.

Appears in 4 contracts

Samples: Entrusted Management Agreement, Entrusted Management Agreement (China Green Agriculture, Inc.), Entrusted Management Agreement (China Green Agriculture, Inc.)

Settlement of Dispute. Any dispute over the agreement by Parties A and B shall be settled through friendly negotiation. In the event negotiation fails to settle the dispute, it shall be arbitrated by the China International Economic and Foreign Trade Arbitration Committee in BeijingCommittee. Fee for arbitration shall be paid by the losing party.

Appears in 2 contracts

Samples: Purchase Agreement (Chipcards Inc), Technical Services and Licensing Agreement (Chipcards Inc)

Settlement of Dispute. Any dispute over the agreement by Parties A and B disputes arising from or in connection with this Agreement shall be settled through friendly negotiation between the Parties. If the dispute cannot be resolved by negotiation. In , then any Party may submit the event negotiation fails dispute to settle the dispute, it shall be arbitrated by the China International Economic and Foreign Trade Arbitration Committee in Beijing. Fee Tianjin International Economic and Financial Arbitration Center for arbitration according to and regulations in effect at the time of applying for arbitration. The arbitration award shall be paid by the losing partyfinal and binding on all parties.

Appears in 2 contracts

Samples: Equity Transfer Agreement (China New Energy Group CO), Equity Transfer Agreement (China New Energy Group CO)

Settlement of Dispute. Any dispute over the agreement by Parties A and B arising out of or in connection with this Agreement shall be settled by the parties through friendly negotiationconsultations. In If it cannot be settled through consultations, any party may submit the event negotiation fails said dispute to settle the dispute, it China International Economic and Trade Arbitration Commission for arbitration in Beijing according to its valid rules of arbitration. The arbitration award is final and shall be arbitrated by binding over the China Economic and Foreign Trade Arbitration Committee in Beijingparties. Fee for arbitration shall be paid by the losing party.ARTICLE 7

Appears in 1 contract

Samples: Technical Service Agreement (Utstarcom Inc)

Settlement of Dispute. Any dispute over the agreement by Parties A and B all issues not covered herein shall be settled through friendly negotiationsubject to amicable agreement of the parties involved. In case no agreement can be reached, the event negotiation fails to settle the dispute, it case in dispute shall be arbitrated by submitted to the China International Economic and Foreign Trade Arbitration Committee Commission in Beijing. Fee Beijing for arbitration shall be paid by the losing partyaccording to its valid arbitration rules then.

Appears in 1 contract

Samples: License Agreement (GCL Silicon Technology Holdings Inc.)

Settlement of Dispute. Any dispute over the and claim arising out of or in connection with interpretation, breach, termination and effect of this agreement by Parties A and B shall be settled through friendly negotiationnegotiations. Either Party shall commence its negotiations with respect to dispute with other Parties upon receipt of written request for negotiations from other Parties In the event negotiation fails that the dispute cannot be settled within thirty (30) days upon negotiations, either Party may submit the dispute to settle the dispute, it shall be arbitrated by the China Economic and Foreign Trade Beijing Arbitration Committee Commission for arbitration under its rules in Beijing. Fee for arbitration shall be paid by Arbitration award is final and binding upon the losing partyParties.

Appears in 1 contract

Samples: Reorganization Framework Agreement (China Finance Online Co. LTD)

Settlement of Dispute. Any dispute over the agreement by Parties A and B shall be settled through friendly negotiation. In the event negotiation fails to settle the dispute, it shall be arbitrated heard in Beijing, by the China International Economic and Foreign Trade Arbitration Committee in BeijingCommittee. Fee for arbitration shall be paid by the losing party.

Appears in 1 contract

Samples: Technical Services and Patent Technology Licensing Agreement (Chipcards Inc)

Settlement of Dispute. Any dispute over 46. All disputes in connection with this contract or the agreement by Parties A and B execution thereof shall be settled friendly through friendly negotiationnegotiations by both parties. In Where no settlement can be reached, the event negotiation fails to settle the dispute, it disputes shall be arbitrated submitted to Beijing Arbitration Committee of the China Council for the Promotion of International Trade for arbitration in accordance with the Provisional Rules of Procedures promulgated by the China Economic and Foreign Trade said Arbitration Committee. The decision of the Arbitration Committee in Beijing. Fee for arbitration shall be paid accepted as final and binding by both parties. Arbitration expenses shall be borne by the losing party.. Chapter 21 Written Language

Appears in 1 contract

Samples: Joint Venture Contract (Celcor Inc)

Settlement of Dispute. Any dispute over the execution of the agreement by Parties A and B shall be settled through if possible by friendly negotiationnegotiations. In the event negotiation fails negotiations fail to settle the disputeissue, it the dispute shall be arbitrated heard in Beijing by the China Economic and International Trade Promotion Committee Foreign Trade Arbitration Committee in BeijingCommittee, based on the arbitration procedures set by the committee. Fee for The decision of the arbitration is final and has binding effect on both parties. The cost of arbitration shall be paid by the losing party.

Appears in 1 contract

Samples: Agreement for Purchase of Raw Materials and Sales (Chipcards Inc)

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Settlement of Dispute. Any dispute over disputes under the agreement by Parties A and B Agreement shall be settled at first through friendly negotiationconsultation between the parties hereto. In case no settlement can be reached through consultation, each party shall have the event negotiation fails right to settle the dispute, it shall be arbitrated by the submit such disputes to China International Economic and Foreign Trade Arbitration Committee Commission in accordance with its rules located in Beijing. Fee for The arbitration award shall be paid by the losing partyfinal and binding on both parties.

Appears in 1 contract

Samples: Entrusted Management Agreement (Asia Carbon Industries, Inc.)

Settlement of Dispute. Any dispute over the agreement by Parties A and B arising out of or in connection with this Agreement shall be settled by the parties through friendly negotiationconsultations. In If it cannot be settled through consultations, any party may submit the event negotiation fails said dispute to settle the dispute, it China International Economic and Trade Arbitration Commission for arbitration in Beijing according to its valid rules of arbitration. The arbitration award is final and shall be arbitrated by binding over the China Economic and Foreign Trade Arbitration Committee in Beijingparties. Fee for arbitration shall be paid by the losing party.ARTICLE 8

Appears in 1 contract

Samples: Assets Transfer Agreement (Utstarcom Inc)

Settlement of Dispute. Any dispute over the agreement by Parties A and B arising from or in connection with this Agreement shall be settled by the Parties through friendly negotiationconsultation. In the event negotiation fails If fails, any party may submit such dispute to settle the dispute, it shall be arbitrated by the China International Economic and Foreign Trade Arbitration Committee Commission for the settlement in Beijingaccordance with the effective arbitration rules by then. Fee for The arbitration shall be paid by location is Beijing and the losing partylanguage used in arbitration is Chinese. The arbitration decision is final, having binding force upon the Parties.

Appears in 1 contract

Samples: Intellectual Property Transfer Agreement (China Digital TV Holding Co., Ltd.)

Settlement of Dispute. 12.1 Any dispute over the related to this agreement by Parties A and B shall be settled solved through friendly negotiationconsultation of both parties. In If consultation fails, each party may submit the event negotiation fails dispute to settle the dispute, it China International Economic and Trade Arbitration Commission for arbitration. 12.2 The arbitration shall be arbitrated by the China Economic and Foreign Trade Arbitration Committee in Beijing. Fee for The arbitration is final and binds both parties. The arbitration fees including lawyer fees shall be paid by charged to the losing breaching party.

Appears in 1 contract

Samples: Agreement for the Development of Dangxiongcuo (Dxc) Salt Lake Project (Sterling Group Ventures Inc)

Settlement of Dispute. Any dispute over the agreement by Parties A and B resulting from or in connection with this Agreement shall be first settled by the Parties through friendly negotiation. In consultation, failing which, either Party shall submit the event negotiation fails dispute to settle the dispute, it shall be arbitrated by the China International Economic and Foreign Trade Arbitration Committee in BeijingCommission for arbitration. Fee for The award of the arbitration shall be paid by the losing partyfinal and binding upon both Parties.

Appears in 1 contract

Samples: Equity Transfer Agreement (Brilliance China Automotive Holdings LTD)

Settlement of Dispute. Any dispute over the agreement by Parties A and B disputes arising from or in connection with this Agreement shall be settled through friendly negotiation between the Parties. If the dispute cannot be resolved by negotiation. In , then any Party may submit the event negotiation fails dispute to settle the dispute, it shall be arbitrated by the China International Economic and Foreign Trade Arbitration Committee located in Beijing. Fee Beijing for arbitration according to and regulations in effect at the time of applying for arbitration. The arbitration award shall be paid by the losing partyfinal and binding on all parties.

Appears in 1 contract

Samples: Equity Transfer Agreement (China New Energy Group CO)

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