Common use of GOVERNING LAW AND RULES OF CONSTRUCTION Clause in Contracts

GOVERNING LAW AND RULES OF CONSTRUCTION. (1) The validity, interpretation, and the performance of this Agreement shall be governed by the laws of [insert place]. (2) If any term or provision of this Agreement is determined to be invalid, it shall not affect the validity and enforcement of the remaining terms and provisions of the Agreement. (3) This Agreement shall be binding upon, and inure to the benefit of, the respective successors, assigns, representatives, and heirs of the Parties herein.

Appears in 18 contracts

Samples: Export Agreement, Agreement for Import of Technology, Agreement for Import of Machinery

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