Common use of Commercial Activity; Absence of Immunity Clause in Contracts

Commercial Activity; Absence of Immunity. The Borrower is subject to civil and commercial law with respect to its obligations under the Financing Documents to which it is a party. The execution and performance by the Borrower of the Financing Documents constitute private and commercial acts rather than public or governmental acts. Neither the Borrower nor any of its properties is entitled to any right of immunity on the ground of sovereignty or the like from the jurisdiction of any court of competent jurisdiction or from any action, suit or proceeding or the service of process in connection therewith, arising under the Financing Documents.

Commercial Activity; Absence of Immunity. The Borrower is subject to civil and commercial law with respect to its obligations under the Financing Documents to which it is a party. The execution Loan Documents, and the making and performance of the Loan Documents by the Borrower of the Financing Documents constitute private and commercial acts rather than public or governmental acts. Neither the The Borrower nor any of its properties is not entitled to any right of immunity on the ground of sovereignty or the like from the jurisdiction of any court of competent jurisdiction or from any action, suit suit, set-off or proceeding proceeding, or the service of process in connection therewith, arising under the Financing Loan Documents.

Commercial Activity; Absence of Immunity. The Borrower is and its Subsidiaries are subject to civil and commercial law with respect to its their respective obligations under the Financing Loan Documents to which it is a party. The execution and the making and performance by the Borrower of the Financing Loan Documents by them constitute private and commercial acts rather than public or governmental acts. Neither None of the Borrower nor Borrower, its Subsidiaries or any of its their respective properties or revenues, is entitled to any right of immunity on the ground of sovereignty or the like from the jurisdiction of any court of competent jurisdiction or from any action, suit or proceeding proceeding, or the service of process in connection therewith, arising under the Financing Loan Documents.

Commercial Activity; Absence of Immunity. The Borrower is subject to civil and commercial law with respect to its obligations under the Financing Documents to which it is a party. The execution Loan Documents, and the making and performance of the Loan Documents by the Borrower of the Financing Documents constitute private and commercial acts rather than public or governmental acts. Neither the The Borrower nor any of its properties is not entitled to any right of immunity on the ground of sovereignty or the like from the jurisdiction of any court of competent jurisdiction or from any action, suit suit, set-off or proceeding proceeding, or the service of process in connection therewith, arising under the Financing Loan Documents.. 7.09

Commercial Activity; Absence of Immunity. The Borrower is subject to civil and commercial law with respect to its obligations under this Agreement and the Financing Documents to which it is a party. The execution Notes and the making and performance of this Agreement and the Notes by the Borrower of the Financing Documents constitute private and commercial acts rather than public or governmental acts. Neither the The Borrower nor any of its properties is not entitled to any right of immunity on the ground of sovereignty or the like from the jurisdiction of any court of competent jurisdiction or from any action, suit or proceeding proceeding, or the service of process in connection therewith, arising under this Agreement or the Financing DocumentsNotes.