XII. Applicable Law
Since joint venture agreements are usually entered into between several members from…
a. The nationality of the largest number of parties;…
b. The nationality of the party whose intake is the most significant;…
c. The law of the Project country;Sayfa 244…
d. The law of the country of the administrative seat of the Consortium Leader;…
e. The law of a neutral jurisdiction (for example Switzerland).…
When deciding which law shall be applicable, it is important to check if the provisions…
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