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MinnieM

03/12/11 8:34 PM

#55265 RE: SunFunMoney #55260

Contract is between CBAI and CC de MX, NOT between CCEL and CC de MX. It's language from the LOI. This is why posting of links becomes extremely important. It can be very misleading if the link isn't posted.

http://msnmoney.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?ID=7597835&SessionID=LTajH8he9TYMJJ9







In Reply to 'SunFunMoney'

SHAAZAM!!! CCEL, must be hating the legal-ease of that paragraph


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Again here is the excerpt from there contract with CryoCell:
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18. GOVERNING LAW AND JURISDICTION. If Purchaser desires to initiate any legal proceeding to attempt to resolve any dispute arising from the fulfillment of the obligations of the parties hereto or from the interpretation of this Agreement, Purchaser agrees that this Agreement shall be governed by the applicable laws of the State of Jalisco, Mexico, and the jurisdiction of the courts of the First Judicial Party of the State of Jalisco, Mexico, with residence in the metropolitan area of Guadalajara, Jalisco, shall have exclusive jurisdiction over such dispute, and Purchaser consents to such venue and jurisdiction and waives all objections thereto.
BINGO
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