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
Sources: Loan Agreement, Exclusive Option Agreement, Exclusive Consulting and Services Agreement
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
Sources: 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
Sources: 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
Sources: Shares Pledge Agreement (Matches, Inc.), Shares Pledge Agreement (Birch Branch Inc), Shares Pledge Agreement (Granto, Inc.)