SETTLEMENT OF DISPUTES AND GOVERNING LAW. Any differences or disputes arising out of or touching the Standard Terms shall be settled solely between ABFL and the Borrower, amicably in the first instance. Unresolved disputes or differences shall be referred to a sole Arbitrator, who shall be appointed by ABFL only and the Borrower shall have no objection to the same. The Arbitration shall be governed by the Arbitration and Conciliation Act 1996 or any statutory modification or re-enactment thereof and the Rules made there under and for the time being in force. The award of the Arbitrator shall be final, conclusive and binding on the parties. The venue of such arbitration proceedings shall be Mumbai and shall be conducted in the English language only. Laws of India shall govern this Standard Terms, the documentation pursuant hereto and Courts in the City of Mumbai having exclusive jurisdiction over all aspects governing the interpretation and enforcement of this Standard Terms and other documentation pursuant hereto. Loan Agreement Annexures Sr. No Particulars Details 1 Date 01/30/2022 2 Place Mumbai 3 Name of Xxxxxxxx Xxxxx Xxxxxx 4 Address S/O: Xxxxxx Xxxxx,House Xx-000,Xxxxxx00-X,Sector 15 Chandigarh,Chandigarh,Chandigarh,Chandigarh,Chandigarh,India,160015 5 Mobile Number 0000000000 6 Email Address xxxx0000@xxxxxx.xxx 7 Total Loan Amount Sanctioned 27000.0 8 Tenure 18 9 Interest Amount 0.0 10 EMI Amount/Advance 1500 11 Term Loan Towards Payment of Education Fees 12 Mode of Repayment NACH Mandate / Auto Debit from Customer Account will the primary mode of Repayment. In case NACH Auto Debit is not successful for any reason and EMI has not been debited for 4 days post EMI Due date, Customer shall pay the EMI directly to designated repayment account via UPI/NetBanking/Debit Card via logging in to his GQ portal 13 Penal Interest 2% p.m. on delay of Principal / Interest / Charges 14 Pre-Payment Charges Zero Charges - conditional upon the entire outstanding loan amount being repaid to the Lender. 15 Foreclosure Charges Zero Charges – conditional upon the entire outstanding loan amount being repaid to the Lender. 16 Validity Period/Date Loan shall be availed within 30 days of this letter unless validity is extended by the Lender.
SETTLEMENT OF DISPUTES AND GOVERNING LAW. 1. The Contractual Partners shall endeavour to settle disputes concerning the interpretation of this Agreement or disputes that are related to the execution of the Agreement through negotiation. Should negotiations fail, all disputes in relation to this Agreement concluded between the Contractual Partners shall be settled finally and without recourse to legal action by an arbitration panel through arbitration award duly applying the provisions hereinafter.
SETTLEMENT OF DISPUTES AND GOVERNING LAW. 23.1. Any dispute arising from this Contract shall be settled through friendly consultations. If a dispute cannot be settled within sixty (60) days after the commencement of consultations, then a Party to the dispute may submit it to the China International Economic and Trade Arbitration Commission in Beijing for arbitration in accordance with its arbitration procedures. Such arbitration shall be final and binding on both Parties.
SETTLEMENT OF DISPUTES AND GOVERNING LAW. 32.1 This Contract and any agreement resulting from this Contract shall be governed by and construed in accordance with the laws of the Netherlands.
SETTLEMENT OF DISPUTES AND GOVERNING LAW. 1. This Contract and any matters that are not regulated or only partially regulated by this Contract shall be governed solely by and interpreted in compliance with Czech substantive law, in particular Act No. 89/2012 Sb., Civil Code, as amended.
SETTLEMENT OF DISPUTES AND GOVERNING LAW. 8.1 If the Parties fail to settle through consultation any dispute that may arise from or in connection with this Agreement, either Party shall have the right to initiate legal proceedings in a competent court with respect to such dispute.
SETTLEMENT OF DISPUTES AND GOVERNING LAW. This Contract and any matters that are not regulated or only partially regulated by this Contract shall be governed solely by and interpreted in compliance with Czech substantive law, in particular Act No. 89/2012 Sb., Civil Code, as amended. Application of the United Nations Convention on Contracts for the International Sale of Goods of 11th April 1980, also known as the Vienna Convention, is hereby excluded. The Contracting Parties undertake to settle any disputes arising out of this contractual relation primarily amicably by negotiation. The jurisdiction of Czech courts shall apply to all disputes arising out of or in connection with the present Contract and the jurisdiction of courts in any other state is hereby excluded. The locally competent court shall be that having jurisdiction at the address of the registered office of the Buyer.
SETTLEMENT OF DISPUTES AND GOVERNING LAW. Any and all disputes arising out of or in connection with this Agreement shall be settled by the Parties through amicable negotiations. If no agreement is reached through negotiations, either Party may file a lawsuit with the competent court at Party B’s locality. The conclusion, effectiveness, change, performance, dissolution, termination, and interpretation of this Agreement and all matters arising therefrom shall be governed by the laws and regulations of the People’s Republic of China.
SETTLEMENT OF DISPUTES AND GOVERNING LAW. 7.1. Any and all disagreements and disputes arising out of or in connection with this Agreement shall be settled amicably through negotiations between the Parties. If the Parties do not reach agreement within 10 days, the disagreements and disputes shall be referred to the courts of the Republic of Armenia in accordance with the legislation of the Republic of Armenia. This Agreement shall be governed by the law of the Republic of Armenia.
SETTLEMENT OF DISPUTES AND GOVERNING LAW. 8.1 This Agreement shall be governed by and interpreted in accordance with the laws of Armenia.
