11. GOVERNING LAW AND JURISDICTION
This Agreement shall be governed by and construed in accordance with the Laws of the Grand Duchy of Luxembourg
. Any litigation arising hereunder shall be submitted to the exclusive jurisdiction by the courts of the Grand Duchy of Luxembourg
. The Parties hereby expressly consent to the jurisdiction of arbitration rules and principles located in the Grand Duchy of Luxembourg
for any lawsuit filed arising from or relating to this Agreement.
11. GOVERNING LAW AND JURISDICTION
This Agreement and any matters obligations arising out of or in connection with it shall be governed by and construed in accordance with laws of England and Wales.
The Parties agree to seek to resolve any dispute, controversy or claim between the Parties arising out of or in relation to this Agreement including but not limited to the validity or existence of the Agreement and/or this clause or the termination, construction or performance of the Agreement by mutual consultation. All disputes arising or that may arise from or in connection with the Agreemen should be settled amicably by the Parties.
Any dispute, controversy or claim arising out of or in connection with this Agreement, or the breach, termination or invalidity thereof, shall be finally settled by arbitration at the the United Kingdom Court in London (main office), as the Court of first instance. and decided according to its rules.
The seat of arbitration shall be London, UK.
The number of arbitrators shall be one.
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