Common use of Applicable Law, Etc Clause in Contracts

Applicable Law, Etc. This Agreement shall be interpreted, construed, applied and enforced in accordance with the laws of the Commonwealth of Puerto Rico applicable to contracts between residents of Puerto Rico which are to be performed entirely within Puerto Rico, regardless of (i) where this Agreement is executed or delivered; or (ii) where any payment or other performance required by this Agreement is made or required to be made; or (iii) where any breach of any provision of this Agreement occurs, or any cause of action otherwise accrues; or (iv) where any action or other proceeding is instituted or pending; or (v) the nationality, citizenship, domicile, principal place of business, or jurisdiction of organization or domestication of any party; or (vi) whether the laws of the forum jurisdiction otherwise would apply the laws of a jurisdiction other than Puerto Rico; or (vii) any combination of the foregoing. Notwithstanding the foregoing, the laws of the State shall apply to the perfection and priority of liens upon and the disposition of the Property. To the maximum extent permitted by Applicable Law, any action to enforce, arising out of, or relating in any way to, any of the provisions of this Agreement may be brought and prosecuted in such court or courts located in the Commonwealth of Puerto Rico as is provided by law; and the parties consent to the jurisdiction of said court or courts located in the Commonwealth of Puerto Rico and to service of process by registered mail, return receipt requested, or by any other manner provided by law.

Appears in 2 contracts

Samples: Lease Agreement (Hospitality Properties Trust), Stock Purchase Agreement (Hospitality Properties Trust)

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Applicable Law, Etc. This Agreement shall be interpreted, construed, applied and enforced in accordance with the laws of the Commonwealth of Puerto Rico applicable to contracts between residents of Puerto Rico which are to be performed entirely within Puerto Rico, regardless of (i) where this Agreement is executed or delivered; or (ii) where any - 71 - payment or other performance required by this Agreement is made or required to be made; or (iii) where any breach of any provision of this Agreement occurs, or any cause of action otherwise accrues; or (iv) where any action or other proceeding is instituted or pending; or (v) the nationality, citizenship, domicile, principal place of business, or jurisdiction of organization or domestication of any party; or (vi) whether the laws of the forum jurisdiction otherwise would apply the laws of a jurisdiction other than Puerto Rico; or (vii) any combination of the foregoing. Notwithstanding the foregoing, the laws of the State shall apply to the perfection and priority of liens upon and the disposition of the Property. To the maximum extent permitted by Applicable Law, any action to enforce, arising out of, or relating in any way to, any of the provisions of this Agreement may be brought and prosecuted in such court or courts located in the Commonwealth of Puerto Rico as is provided by law; and the parties consent to the jurisdiction of said court or courts located in the Commonwealth of Puerto Rico and to service of process by registered mail, return receipt requested, or by any other manner provided by law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hospitality Properties Trust)

Applicable Law, Etc. This Agreement shall be interpreted, construed, applied and enforced in accordance with the laws of the Commonwealth State of Puerto Rico Maryland applicable to contracts between residents of Puerto Rico Maryland which are to be performed entirely within Puerto RicoMaryland, regardless of (i) where this Agreement is executed or delivered; or (ii) where any payment or other performance required by this Agreement is made or required to be made; or (iii) where any breach of any provision of this Agreement occurs, or any cause of action otherwise accrues; or (iv) where any action or other proceeding is instituted or pending; or (v) the nationality, citizenship, domicile, principal place of business, or jurisdiction of organization or domestication of any party; or (vi) whether the laws of the forum jurisdiction otherwise would apply the laws of a jurisdiction other than Puerto Ricothe State of Maryland; or (vii) any combination of the foregoing. Notwithstanding the foregoing, the laws of the State shall apply to the perfection and priority of liens upon and the disposition of the Property. To the maximum extent permitted by Applicable Lawapplicable law, any action to enforce, arising out of, or relating in any way to, any of the provisions of this Agreement may be brought and prosecuted in such court or courts located in the Commonwealth State of Puerto Rico Maryland as is provided by law; and the parties consent to the jurisdiction of said court or courts located in the Commonwealth State of Puerto Rico Maryland and to service of process by registered mail, return receipt requested, or by any other manner provided by law.

Appears in 1 contract

Samples: Agreement to Lease (Hospitality Properties Trust)

Applicable Law, Etc. This Agreement shall be interpreted, construed, -------------------- applied and enforced in accordance with the laws of the Commonwealth State of Puerto Rico Maryland applicable to contracts between residents of Puerto Rico Maryland which are to be performed entirely within Puerto RicoMaryland, regardless of (i) where this Agreement is executed or delivered; or (ii) where any payment or other performance required by this Agreement is made or required to be made; or (iii) where any breach of any provision of this Agreement occurs, or any cause of action otherwise accrues; or (iv) where any action or other proceeding is instituted or pending; or (v) the nationality, citizenship, domicile, principal place of business, or jurisdiction of organization or domestication of any party; or (vi) whether the laws of the forum jurisdiction otherwise would apply the laws of a jurisdiction other than Puerto Ricothe State of Maryland; or (vii) any combination of the foregoing. Notwithstanding the foregoing, the laws of the State shall apply to the perfection and priority of liens upon and the disposition of the Property. To the maximum extent permitted by Applicable Lawapplicable law, any action to enforce, arising out of, or relating in any way to, any of the provisions of this Agreement may be brought and prosecuted in such court or courts located in the Commonwealth State of Puerto Rico Maryland as is provided by law; and the parties consent to the jurisdiction of said court or courts located in the Commonwealth State of Puerto Rico Maryland and to service of process by registered mail, return receipt requested, or by any other manner provided by law.

Appears in 1 contract

Samples: 11 Agreement (Hospitality Properties Trust)

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Applicable Law, Etc. This Agreement shall be interpreted, construed, applied and enforced in accordance with the laws of the Commonwealth State of Puerto Rico Maryland applicable to contracts between residents of Puerto Rico the State which are to be performed entirely within Puerto Ricothe State, regardless of (i) where this Agreement is executed or delivered; or (ii) where any payment or other performance required by this Agreement is made or required to be made; or (iii) where any breach of any provision of this Agreement occurs, or any cause of action otherwise accrues; or (iv) where any action or other proceeding is instituted or pending; or (v) the nationality, citizenship, domicile, principal place of business, or jurisdiction of organization or domestication of any party; or (vi) whether the laws of the forum jurisdiction otherwise would apply the laws of a jurisdiction other than Puerto Ricothe State of Maryland; or (vii) any combination of the foregoing. Notwithstanding the foregoing, the laws of the State in which any Leased Property is located shall apply to the perfection and priority of liens upon and the disposition of the such Leased Property. To the maximum extent permitted by Applicable Lawapplicable law, any action to enforce, arising out of, or relating in any way to, any of the provisions of this Agreement may be brought and prosecuted in such court or courts located in the Commonwealth State of Puerto Rico Maryland as is provided by law; and the parties consent to the jurisdiction of said court or courts located in the Commonwealth State of Puerto Rico Maryland and to service of process by registered mail, return receipt requested, or by any other manner provided by law.

Appears in 1 contract

Samples: Master Lease Agreement (Hospitality Properties Trust)

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