DIFC Courts definition
Examples of DIFC Courts in a sentence
Notwithstanding the foregoing provisions, each party shall have the option of referring any dispute to the DIFC Courts in Dubai International Financial Centre, United Arab Emirates (the “DIFC”), provided that , such option shall be exercised within thirty (30) calendar days of receipt of a notice of claim filed before the UAE Courts.
Any dispute regarding this Agreement and other Terms of Use is subject to the exclusive jurisdiction of the DIFC Courts.
These terms and conditions of this Agreement are governed by and construed in accordance with the Laws of the DIFC and the DIFC Courts shall have exclusive jurisdiction on any dispute that may arise.
With respect to any Proceedings, each Party irrevocably (i) agrees that the courts of the DIFC shall have exclusive jurisdiction to determine any Proceedings and irrevocably submits to the jurisdiction of the DIFC Courts and (ii) waives any objection which it may have at any time to the bringing of any Proceedings in any such court and agrees not to claim that such Proceedings have been brought in an inconvenient forum or that such court does not have jurisdiction over such Party.
This Lease shall be governed and construed in accordance with the laws of the DIFC and the Lessor and Lessee shall submit to the exclusive jurisdiction of the Leasing Tribunal (part of the Small Claims Tribunal of the DIFC Courts) if there is any dispute that arises in connection with this Residential Lease.
Such shall aim at promoting investments, laying down the organizing laws, and highlighting the advantages and features of DIFC Courts in the countries that shall host such real estate investment meetings, seminars and conferences, in line with the UAE and Dubai objectives by the mutual propagation to ensure Customer Happiness.
It has been established upon the will of Both Parties to allow DIFC Courts to provide an effective independent judicial system that has the authority to execute the judicial systems and order issued by it, and those related to ▇▇▇▇▇ so as to contribute to the provision of a high level judicial service.
Dubai Law No. 16 of 2011 on Amending Some Provisions of Law No. 12 of 2004 Concerning the Dubai International Financial Centre Courts (Law No. 16 of 2011) came into force in the Emirate of Dubai on 31 October 2011 and extended the jurisdiction of the DIFC Courts to include all civil and commercial disputes where the parties to the relevant dispute have expressly agreed to submit to the jurisdiction of the DIFC Courts.
Any dispute arising out of the client’s engagement of FTEN for its services will be referred to DIFC Courts for adjudication.
This Agreement aims at enhancing confidence in Dubai real estate sector by providing the suitable, elite and balanced investment environment and to highlight the advantages and features of DIFC Courts in Dubai real estate market and the real estate projects by organizing the exhibitions and taking part in the international and regional conferences and exhibitions.