Common use of Language and Law Clause in Contracts

Language and Law. 19.2.4.1 All Insurance Policies shall be issued in the English language and, subject to Section 19.2.4.2, governed by the laws of New York. 19.2.4.2 If Developer can demonstrate to the Authority's satisfaction (acting reasonably) that the cost to it of obtaining a particular Insurance Policy governed by the laws of New York is materially greater than the cost to it of obtaining the Insurance Policy governed by the laws of England, Bermuda, Canada or Australia, the Insurance Policy may be governed by the laws of England, Bermuda, Canada or Australia (as applicable).

Appears in 4 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

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