Common use of Choice of Law and Dispute Resolution Clause in Contracts

Choice of Law and Dispute Resolution. 5.1 This agreement shall be governed by, construed and take effect in accordance with Norwegian law. 5.2 Any dispute between the Parties concerning the understanding of this agreement or the Trading Rules or any dispute arising from any acts or omissions governed by them shall be decided by arbitration in Oslo pursuant to the Norwegian Arbitration Act. 5.3 Each Party irrevocably waives any objection which it may have now or hereafter to the laying of the venue of any proceedings in accordance with clause 5.2 and any claim that any such proceedings have been brought in an inconvenient forum, and further irrevocably agrees that a judgement in any proceedings brought in accordance with clause 5.2 shall be conclusive and binding upon such Party and may be enforced in any jurisdiction in accordance with the enforcement law of the applicable jurisdiction.

Appears in 6 contracts

Samples: Non Clearing Membership Agreement, Exchange Membership Agreement, Block Broker Membership Agreement

AutoNDA by SimpleDocs

Choice of Law and Dispute Resolution. 5.1 This agreement shall be governed by, construed and take effect in accordance with Norwegian law. 5.2 Any dispute between the Parties concerning the understanding of this agreement or the Trading Clearing Rules or any dispute arising from any acts or omissions governed by them shall be decided by arbitration in Oslo pursuant to the Norwegian Arbitration Act. 5.3 Each Party irrevocably waives any objection which it may have now or hereafter to the laying of the venue of any proceedings in accordance with clause 5.2 and any claim that any such proceedings have been brought in an inconvenient forum, and further irrevocably agrees that a judgement in any proceedings brought in accordance with clause 5.2 shall be conclusive and binding upon such Party and may be enforced in any jurisdiction in accordance with the enforcement law of the applicable jurisdiction.

Appears in 3 contracts

Samples: General Clearing Membership Agreement, Clearing Client Agreement, Clearing Client Agreement

Choice of Law and Dispute Resolution. 5.1 12.1 This agreement shall be governed by, construed and take effect in accordance with Norwegian law. 5.2 12.2 Any dispute between the Parties concerning the understanding of this agreement or the Trading Clearing Rules or any dispute arising from any acts or omissions governed by them shall be decided by arbitration resolved in Oslo pursuant to accordance with section 18 of the Norwegian Arbitration ActClearing Rules. 5.3 12.3 Each Party irrevocably waives any objection which it may have now or hereafter to the laying of the venue of any proceedings in accordance with clause 5.2 12.2 and any claim that any such proceedings have been brought in an inconvenient forum, and further irrevocably agrees that a judgement in any proceedings brought in accordance with clause 5.2 12.2 shall be conclusive and binding upon such Party and may be enforced in any jurisdiction in accordance with the enforcement law of the applicable jurisdiction.

Appears in 3 contracts

Samples: Direct Clearing Client Agreement, Direct Clearing Client Agreement, Direct Clearing Client Agreement

AutoNDA by SimpleDocs

Choice of Law and Dispute Resolution. 5.1 12.1 This agreement shall be governed by, construed and take effect in accordance with Swedish Norwegian law. 5.2 12.2 Any dispute between the Parties concerning the understanding of this agreement or the Trading Clearing Rules or any dispute arising from any acts or omissions governed by them shall be decided by arbitration resolved in Oslo pursuant to accordance with section 1.2418 of the Norwegian Arbitration ActClearing Rules. 5.3 12.3 Each Party irrevocably waives any objection which it may have now or hereafter to the laying of the venue of any proceedings in accordance with clause 5.2 12.2 and any claim that any such proceedings have been brought in an inconvenient forum, and further irrevocably agrees that a judgement in any proceedings brought in accordance with clause 5.2 12.2 shall be conclusive and binding upon such Party and may be enforced in any jurisdiction in accordance with the enforcement law of the applicable jurisdiction.

Appears in 1 contract

Samples: Direct Clearing Client Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!