Common use of Applicable Law; Disputes Clause in Contracts

Applicable Law; Disputes. 18.1 The legal relationship between the Buyer and the Seller and any agreements relating to such legal relationship, shall solely be governed by the law of the Republic of Korea. The provisions of the United Nations Convention on International Purchase Agreements (CISG, Vienna, 11 April 1980) are not applicable. 18.2 All disputes between parties shall in the first instance be settled by the competent court in Seoul which shall have jurisdiction over the parties hereto, provided that the Buyer shall always be permitted to bring any action or proceeding, against Supplier in any other court of competent jurisdiction.

Applicable Law; Disputes. 18.1 The legal relationship between the Buyer and the Seller and any agreements relating to such legal relationship, shall solely be governed by the law of the Republic of Korea. The provisions of the United Nations Convention on International Purchase Agreements (CISG, Vienna, 11 April 1980) are not applicable. 18.2 All disputes between parties shall in the first instance be settled by the competent court Central District Court in Seoul which shall have jurisdiction over the parties hereto, provided that the Buyer shall always be permitted to bring any action or proceeding, against Supplier in any other court of competent jurisdiction.