Common use of Foreign Jurisdiction Clause in Contracts

Foreign Jurisdiction. Notwithstanding a foreign jurisdiction clause or an arbitration clause, the Luxembourg courts would, in principle, have jurisdiction to order provisional measures in connection with assets or persons located in Luxembourg and such measures would most likely be governed by Luxembourg law.

Appears in 2 contracts

Sources: Five Year Senior Unsecured Credit Agreement (Tyco International LTD), Senior Unsecured Credit Agreement (Tyco International LTD)