SWY » Topics » 13.15 Applicable Law .

This excerpt taken from the SWY 8-K filed Jun 7, 2005.

13.15 Applicable Law.

 

EXCEPT AS PROVIDED IN THE NEXT SUCCEEDING SENTENCE, THIS AGREEMENT AND EACH NOTE SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING, WITHOUT LIMITATION, SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES. MATTERS PERTAINING TO DRAFTS AND ACCEPTANCES SHALL, TO THE EXTENT APPLICABLE, BE GOVERNED BY THE BILLS OF EXCHANGE ACT (CANADA).

 

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