18.15 Waiver of Sovereign Immunity A Party that now or hereafter has a right to claim sovereign immunity for itself or any of its assets hereby waives any such immunity to the fullest extent permitted by Applicable Law. This waiver include...
AI summary This section waives sovereign immunity for parties involved, allowing for dispute resolution and enforcement of decisions without immunity claims. It clarifies that the rights and obligations under the agreement are commercial, not governmental.
1.4 Applicable Law and Submission to Jurisdiction This Agreement shall be governed by and construed in accordance with the laws of NL and the Federal laws of Canada applicable therein, but excluding all choice-of-law provisions. Subject to...
AI summary The agreement is governed by the laws of Newfoundland and Labrador and federal Canadian laws, excluding choice-of-law provisions. The parties submit to the exclusive jurisdiction of NL courts for matters related to the agreement, with the right of appeal to the Supreme Court of Canada.