Common use of Choice of Law; Jurisdiction; Venue Clause in Contracts

Choice of Law; Jurisdiction; Venue. This Agreement is governed by the laws of the State of Florida without regard to its conflict of law principles. Any legal action, suit or proceeding brought by a Party that in any way arises out of this Agreement (“Proceeding”) must be litigated exclusively in the Circuit Courts of the 17th Judicial Circuit of Florida (the “Identified Courts”). Each Party hereby irrevocably and unconditionally: (A) submits to the jurisdiction of the Identified Courts for any Proceeding; (B) shall not commence any Proceeding except in the Identified Courts except as required to properly enforce a judgment or order obtained in the Identified Courts; (C) waives, and shall not plead or make, any objection to the venue of any Proceeding in the Identified Courts; (D) waives, and shall not plead or make, any claim that any Proceeding brought in the Identified Courts has been brought in an improper or otherwise inconvenient forum; and (E) waives, and shall not plead or make, any claim that the Identified Courts lack personal jurisdiction over it.

Appears in 6 contracts

Samples: Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.)

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