Common use of Governing Law; Limitations Period Clause in Contracts

Governing Law; Limitations Period. This Agreement and any claims arising out of or relating to this Agreement and its subject matter shall be governed by and construed under the laws of England, without reference to its conflicts of law principles. In the event of any conflicts between foreign law, rules, and regulations, and English law, rules, and regulations, English law, rules, and regulations shall prevail and govern and the parties hereby submit to the exclusive jurisdiction of the English Courts. The United Nations Convention on Contracts for the International Sale of Goods shall not apply to this Agreement. Licensee must initiate a cause of action for any claim(s) arising out of or relating to this Agreement and its subject matter within one (1) year from the date when Licensee knew, or should have known after reasonable investigation, of the facts giving rise to the claim(s).

Governing Law; Limitations Period. This Agreement and any claims arising out of or relating to this Agreement and its subject matter shall be governed by and construed under the laws of EnglandEngland and Wales, without reference to its conflicts of law principles. In the event of any conflicts between foreign law, rules, and regulations, and English law, rules, and regulations, English law, rules, and regulations shall prevail and govern and the govern. The parties hereby submit to the exclusive jurisdiction of the English Courts. The United Nations Convention on Contracts for the International Sale of Goods shall not apply to this Agreement. Licensee must initiate a cause of action for any claim(s) arising out of or relating to this Agreement and its subject matter within one (1) year from the date when Licensee knew, or should have known after reasonable investigation, of the facts giving rise to the claim(s).