Common use of Governing Law and Judgments Clause in Contracts

Governing Law and Judgments. In any proceedings taken in any of the Security Parties’ jurisdiction of incorporation or formation in relation to any of the Finance Documents in which there is an express choice of the law of a particular country as the governing law thereof, that choice of law and any judgment or (if applicable) arbitral award obtained in that country will be recognised and enforced.

Appears in 18 contracts

Samples: Secured Term Loan Facility Agreement (Teekay Tankers Ltd.), Secured Loan Agreement (Teekay LNG Partners L.P.), Senior Secured Revolving Credit Facility Agreement

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Governing Law and Judgments. In any proceedings taken in any of the Security Parties’ jurisdiction of incorporation or formation in relation to any of the Finance Facility Documents in which there is an express choice of the law of a particular country as the governing law thereof, that choice of law and any judgment or (if applicable) arbitral award obtained in that country will be recognised and enforced.

Appears in 7 contracts

Samples: Loan Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.)

Governing Law and Judgments. In any proceedings taken in any of the Security Parties' jurisdiction of incorporation or formation organisation in relation to any of the Finance Security Documents in which there is an express choice of the law law, the submission to that jurisdiction of a particular country as the governing law thereof, that choice of law and any judgment or (if applicable) arbitral award obtained in that country will be recognised and enforced.

Appears in 6 contracts

Samples: Loan Facility Agreement, Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc), Loan Facility Agreement (Teekay Shipping Corp)

Governing Law and Judgments. In any proceedings taken in any of the Security Parties’ jurisdiction of incorporation or formation organisation in relation to any of the Finance Security Documents in which there is an express choice of the law law, the submission to that jurisdiction of a particular country as the governing law thereof, that choice of law and any judgment or (if applicable) arbitral award obtained in that country will be recognised and enforced.

Appears in 4 contracts

Samples: Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc), Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc), Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc)

Governing Law and Judgments. In any proceedings taken in any of the Security Parties’ jurisdiction of incorporation or formation in relation to any of the Finance Security Documents in which there is an express choice of the law of a particular country as the governing law thereof, that choice of law and any judgment or (if applicable) arbitral award obtained in that country will be recognised and enforced.

Appears in 4 contracts

Samples: Secured Credit Facility (Teekay Offshore Partners L.P.), Secured Credit Facility (Teekay Offshore Partners L.P.), Loan Agreement (Teekay Shipping Corp)

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Governing Law and Judgments. In any proceedings taken in any of the Security Parties' jurisdiction of incorporation or formation in relation to any of the Finance Security Documents in which there is an express choice of the law of a particular country as the governing law thereof, that choice of law and any judgment or (if applicable) arbitral award obtained in that country will be recognised and enforced.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Teekay Shipping Corp), Loan Agreement (Teekay Offshore Partners L.P.)

Governing Law and Judgments. In any proceedings taken in any of the Security Parties’ jurisdiction of incorporation or formation organisation in relation to any of the Finance Security Documents in which there is an express choice of the law of a particular country as the governing law thereof, that choice of law and any judgment or (if applicable) arbitral award obtained in that country will be recognised and enforced.

Appears in 1 contract

Samples: Secured Reducing Revolving Loan Facility Agreement (Teekay Shipping Corp)

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