Governing law and enforcement definition

Governing law and enforcement. This Seller’s Credit and Seller’s Loan shall be governed by the laws of Norway, with the courts of Haugesund, Norway as legal venue. THIS SELLER’S CREDIT AND SELLER’S LOAN have been entered into on 1 December 2016. By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Controller By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Brastein ▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Brastein ▇▇▇▇ Title: SVP By our co-signature on this Seller’s Credit and Seller’s Loan we, KNOT Offshore Partners LP, hereby unconditionally and irrevocably guarantee, as primary obligor as and for its own debt and not merely as surety to the Creditor the due and punctual payment by the Borrower of any and all sums which are now or at any time hereafter will be payable by the Borrower under or in respect of the Seller’s Credit and Seller’s Loan . If and whenever the Borrower shall make default in the payment of any sums due and payable under the terms of the Seller’s Credit and Seller’s Loan, we shall forthwith, following demand by Creditor to us, pay to the Creditor in such manner as notified by the Creditor the moneys in regard to which such default has been made, with the default interest (if any) thereon. Our total liability under this Guarantee shall, in the aggregate, always be limited to the Loan Amount plus all unpaid interest and default interest. By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: CEO/CFO Business Day: Any day on which banks are generally open for commercial business in Norway.
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Examples of Governing law and enforcement in a sentence

  • Governing law and enforcement: This Seller’s Credit shall be governed by the laws of Norway, with the courts of Haugesund, Norway as legal venue.

  • Governing law and enforcement Governing law English law governs this Guarantee, its interpretation and any non-contractual obligations arising from or connected with it.

  • The representations and warranties set out in Clauses 3.1 (Status) to 3.4 (Power and authority) and Clause 3.6 (Governing law and enforcement) are made by each Junior Party on the date of this Agreement on the date of each Utilisation Request and on the first day of each Interest Period (by reference to the facts and circumstances then existing).

  • Each of the representations and warranties in Clauses 7.1 (Status) to 7.4 (Power and authority), 7.6 (Governing law and enforcement) and 7.7 (No default) and 7.8 (Ranking) are deemed to be made by the Chargor by reference to the facts and circumstances then existing on the date of this Deed and the first day of each Interest Period under the Facility Agreement during the continuance of the Security created under this Deed.

  • If this agreement is terminated pursuant to the terms hereof, then this agreement shall have no force or effect, and no Party nor Eligible Shareholder shall be bound by any of its terms, except for the terms set out in Clauses 6.5 (Amendment to agreement if required), 8.3 (Confidentiality undertaking), 9 (Miscellaneous) and 10 (Governing law and enforcement).

  • Governing law and enforcement The choice of English law as the governing law of this Guarantee will be recognised and enforced in its Relevant Jurisdictions.

  • APJ/MSXM/076001.00588/80174749.8Page 112 Section – Governing law and enforcement 42 Governing law This Agreement and any non-contractual obligations arising out of or in connection with it are governed by English law.

  • The provisions of Clause 28 (Notices) and Clause 31 (Governing law and enforcement) of the Amended and Restated Facility Agreement shall be incorporated into this Agreement as if set out in full in this Agreement and as if references in those clauses to “this Agreement” are references to this Agreement.

  • LRXM/076001.00588/92345437.6Page 112 Section – Governing law and enforcement 42 Governing law This Agreement and any non-contractual obligations arising out of or in connection with it are governed by English law.

  • REPRESENTATIONS 6 6.1 Time for making representations 6 6.2 Status 7 6.3 Power and authority 7 6.4 Solvency 7 6.5 No conflict 7 6.6 Authorisations 7 6.7 No documentary taxes 7 6.8 Governing law and enforcement 7 6.9 Legal validity 7 6.10 Ownership 8 6.11 Securities 8 6.12 No restrictions on transfer 8 6.13 Security 8 6.14 No filing or registration 8 6.15 No interest in BVI land 8 7.