Common use of Governing Law and Dispute Clause in Contracts

Governing Law and Dispute. 14.1 This Agreement shall be governed by Danish substantive law, with the exception of its rules on the choice of law 14.2 Any disputes arising out of or in connection with this Agreement shall be finally settled by arbitration proceedings administered by the Danish Institute of Arbitration ("Det Danske Voldgiftsinstitut"), in accordance with its procedural rules ("Regler for behandling xx xxxxx ved det Danske Voldgiftsinstitut") the arbitration proceedings shall take place in Copenhagen. 14.3 The following information shall be regarded as confidential and may not be disclosed: (i) information about past or current arbitration proceedings, which is sufficiently detailed to identify the parties, (ii) written statements in arbitration proceedings, as well as what is orally alleged before the arbitration board and (iii) the arbitration board’s decision, to the extent that there is a risk that a party may be identified. Without prejudice to the above, a party which seeks execution is entitled to disclose confidential information to the enforcing authority, to the extent required.

Governing Law and Dispute. 14.1 This Agreement shall be governed by Danish substantive law, with the exception of its rules on the choice of law 14.2 . Any disputes arising out of or in connection with this Agreement shall be finally settled by arbitration proceedings administered by the Danish Institute Insitute of Arbitration ("“Det Danske Voldgiftsinstitut"”), in accordance with its procedural rules ("“Regler for behandling xx xxxxx ved det Danske Voldgiftsinstitut") the ”). The arbitration proceedings shall take place in Copenhagen. 14.3 . The following information shall be regarded as confidential and may not be disclosed: (i) information about past or current arbitration proceedings, which is sufficiently detailed to identify the parties, (ii) written statements in arbitration proceedings, as well as what is orally alleged before the arbitration board and (iii) the arbitration board’s decision, to the extent that there is a risk that a party may be identified. Without prejudice to the above, a party which seeks execution execution, is entitled to disclose confidential information to the enforcing authority, to the extent required.