Common use of Settlement of Dispute Clause in Contracts

Settlement of Dispute. Any dispute arising from the performance of this Contract may be settled through negotiation. If no settlement could be reached, the dispute shall be dealt with according to (1) below: (1) to bring a lawsuit at the People’s Court where Party B’s domicile is located; or (2) to submit the dispute to [intentionally left blank] Arbitration Commission (the place of arbitration is [intentionally left blank]) for arbitration according to its arbitration rules then effective at the time of submission. The arbitration award shall be final and binding on the two Parties. In the course of lawsuit or arbitration, the Parties shall continue to perform those provisions in this Contract which are not under dispute.

Appears in 10 contracts

Samples: Loan Contract (Origin Agritech LTD), Loan Agreement (Origin Agritech LTD), Loan Agreement (Origin Agritech LTD)

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Settlement of Dispute. Any dispute arising from the performance of this Contract may be settled through negotiation. If no settlement could be reached, the dispute shall be dealt with according to (1) below: (1) to bring a lawsuit at to the People’s Court where Party B’s domicile B is located; or (2) to submit the dispute to [intentionally left blank] Arbitration Commission (the place of arbitration is [intentionally left blank]) for arbitration according to its arbitration rules then effective at the time of submission. The arbitration award shall be final and binding on the two Parties. In the course of lawsuit or arbitration, the Parties shall continue to perform those provisions in this Contract which are not under dispute.

Appears in 2 contracts

Samples: Mortgage Contract (Origin Agritech LTD), Mortgage Contract (Origin Agritech LTD)

Settlement of Dispute. Any dispute arising from the performance of this Contract may be settled through negotiation. If no settlement could be reached, the dispute shall be dealt with according to (1) below: (1i) to bring a lawsuit at the People’s Court where Party B’s domicile is located; or (2ii) to submit the dispute to [intentionally left blank] Arbitration Commission (the place of arbitration is [intentionally left blank]) for arbitration according to its arbitration rules then effective at the time of submission. The arbitration award shall be final and binding on the two Parties. In the course of lawsuit or arbitration, the Parties shall continue to perform those provisions in this Contract which are not under dispute.

Appears in 2 contracts

Samples: Guarantee Contract (Origin Agritech LTD), Guarantee Contract (Origin Agritech LTD)

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Settlement of Dispute. Any dispute arising from occurring in the performance of this Contract may performing the contract should be settled through negotiationnegotiation by both parties. If no settlement could be reachedit fails, the dispute shall should be dealt with according to (1) solved using the first method below: (1) to bring . File a lawsuit at the law suit with People’s Court where in Party B’s domicile domicile. 2. Submit this column is located; or blank to arbitration committee (2) to submit the dispute to [intentionally left blank] Arbitration Commission (the place Place of arbitration is [intentionally left this column is blank]) for ). The arbitration according to its shall be conducted in accordance with the arbitration rules then effective at as of the time of submissionapplication. The arbitration arbitral award shall be is final and has binding on the two Partiesupon both parties. In the course of During lawsuit or arbitration, the Parties shall continue to perform those provisions clauses in this Contract which contract that are not under disputein controversy shall still be performed.

Appears in 1 contract

Samples: Loan Agreement (Teen Education Group, Inc.)

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