Governing Law
The jurisdiction's laws that will be used to interpret and enforce a contract.
Governing law clauses specify which state's or country's laws apply to the contract, regardless of where the parties are located. This is crucial in contracts between parties in different jurisdictions.
The choice of governing law can significantly affect how disputes are resolved, what remedies are available, and how specific contract terms are interpreted.
Example
This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware.
Related Terms
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