Glossary
Governing Law
Last updated 28 June 2007
Description
The legal system under which the contract will be governed.
A general agreement term.
Examples
Clause:
13.1 Governing Law.
This Agreement shall be construed in accordance with and governed by the law of the State of New York, without giving effect to its conflict of laws provisions, and to the exclusion of the provisions of the United Nations Convention on Contracts for the International Sale of Goods.
-- License and Supply agreement between Access and Wyeth, January 2004
See Also
None
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