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Österreichische Volksbanken-Aktiengesellschaft ... - Volksbank AG

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§ 19<br />

(Applicable Law. Place of Performance. Jurisdiction)<br />

(1) Applicable Law. Place of performance. The form and content of the Certificates as well<br />

as all the rights and duties arising thereunder are governed exclusively by the laws of the<br />

Republic of Austria, excluding its rules of international private law. Place of performance<br />

is Vienna, Austria.<br />

(2) Jurisdiction. The courts competent for Vienna, Inner City, Austria, shall have nonexclusive<br />

jurisdiction for all disputes with the Issuer arising from or in connection with<br />

these Conditions, to the extent legally permitted.<br />

§ 20<br />

(Language)<br />

If German is determined as the binding language in the Final Terms (item 31), the German text<br />

of the Conditions and the Final Terms shall be binding for the respective issue of Certificates,<br />

and if English is determined as the binding language, the English version shall be binding. If<br />

specified in the Final Terms (item 31), the version in the other language is a translation which is<br />

provided for convenience only.<br />

211

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