Common use of WAIVER AND CHOICE OF LAW Clause in Contracts

WAIVER AND CHOICE OF LAW. The failure of MANDALS to insist in any one or more instances, upon the performance of any of the Terms and Conditions as set forth herein, or the failure of MANDALS to exercise any of its rights hereunder, shall not be construed as a waiver or relinquishment of any such terms, conditions or rights and shall not effect Mandals right to insist on strict performance and compliance with regard to any future performance of these Terms and Conditions. All transactions shall be governed by the common laws of Norway, excluding any conflict law rules.

WAIVER AND CHOICE OF LAW. The failure of MANDALS to insist in any one or more instances, upon the performance of any of the Terms and Conditions as set forth herein, or the failure of MANDALS to exercise any of its rights hereunderunder this Agreement, shall not be construed as a waiver or relinquishment of any such terms, conditions conditions, or rights and shall not effect Mandals MANDALS’s right to insist on strict performance and compliance with regard to any future performance of these Terms and Conditions. All transactions shall be governed by the common laws of Norway, excluding any conflict law rules.