Common use of Consent to Exclusive Jurisdiction Clause in Contracts

Consent to Exclusive Jurisdiction. Any action, suit or proceeding arising out of any claim that the parties cannot settle through good faith negotiations (except any claim to which Section 4.6 applies) shall be litigated exclusively in the state courts of Delaware. Each of the parties hereto hereby irrevocably and unconditionally (a) submits to the jurisdiction of the state courts of Delaware for any such action, suit or proceeding, (b) agrees not to commence any such action, suit or proceeding except in the state courts of Delaware, (c) waives, and agrees not to plead or to make, any objection to the venue of any such action, suit or proceeding in the state courts of Delaware, (d) waives, and agrees not to plead or to make, any claim that any such action, suit or proceeding brought in the state courts of Delaware has been brought in an improper or otherwise inconvenient forum, (e) waives, and agrees not to plead or to make, any claim that the state courts of Delaware lack personal jurisdiction over it, and (f) waives its right to remove any such action, suit or proceeding to the federal courts except when such courts are vested with sole and exclusive jurisdiction by statute. GM and Delphi shall cooperate with each other in connection with any such action, suit or proceeding to obtain reliable assurances that confidential treatment will be accorded any information that either party shall reasonably deem to be confidential or proprietary. Each of the parties hereto irrevocably designates and appoints its respective Service Agent as its agent to receive service of process in any such action, suit or proceeding. Each of the parties hereto further covenants and agrees that, until the expiration of all applicable statutes of limitations relating to potential claims under this Agreement, each such party shall maintain a duly appointed agent for the service of summonses and other legal process in the State of Delaware, and shall promptly notify

Appears in 2 contracts

Samples: Initial Public Offering and Distribution Agreement (Delphi Automotive Systems Corp), Initial Public Offering and Distribution Agreement (Delphi Automotive Systems Corp)

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Consent to Exclusive Jurisdiction. Any action, suit or proceeding --------------------------------- arising out of any claim that the parties cannot settle through good faith negotiations (except any claim to which Section 4.6 applies) shall be litigated exclusively in the state courts of Delaware. Each of the parties hereto hereby irrevocably and unconditionally (a) submits to the jurisdiction of the state courts of Delaware for any such action, suit or proceeding, (b) agrees not to commence any such action, suit or proceeding except in the state courts of Delaware, (c) waives, and agrees not to plead or to make, any objection to the venue of any such action, suit or proceeding in the state courts of Delaware, (d) waives, and agrees not to plead or to make, any claim that any such action, suit or proceeding brought in the state courts of Delaware has been brought in an improper or otherwise inconvenient forum, (e) waives, and agrees not to plead or to make, any claim that the state courts of Delaware lack personal jurisdiction over it, it and (f) waives its right to remove any such action, suit or proceeding to the federal courts except when such courts are vested with sole and exclusive jurisdiction by statute. GM PNC, XXX and Delphi BlackRock shall cooperate with each other in connection with any such action, suit or proceeding to obtain reliable assurances that confidential treatment will be accorded any information that either party shall reasonably deem to be confidential or proprietary. Each of the parties hereto irrevocably designates and appoints its respective Service Agent as its agent to receive service of process in any such action, suit or proceeding. Each of the parties hereto further covenants and agrees that, until the expiration of all applicable statutes of limitations relating to potential claims under this Agreement, each such party shall maintain a duly appointed agent for the service of summonses and other legal process in the State of [Delaware], and shall promptly notifynotify the other party hereto of any change in the name or address of its Service Agent and the name and address of any replacement for its Service Agent, if such agent is no longer the Service Agent named herein. This Section 6.5 is meant to comply with 6 Del. C. Section 2708. Notwithstanding anything contained in this Section 6.5, all claims for indemnification under Section 6 shall be governed by the provisions thereof.

Appears in 1 contract

Samples: Initial Public Offering Agreement (Blackrock Inc /Ny)

Consent to Exclusive Jurisdiction. Any action, suit or proceeding arising out of any claim that the parties cannot settle through good faith negotiations (except any claim to which Section 4.6 applies) shall be litigated exclusively in the state courts of Delaware. Each of the parties hereto hereby irrevocably and unconditionally (a) submits to the jurisdiction of the state courts of Delaware for any such action, suit or proceeding, (b) agrees not to commence any such action, suit or proceeding except in the state courts of Delaware, (c) waives, and agrees not to plead or to make, any objection to the venue of any such action, suit or proceeding in the state courts of Delaware, (d) waives, and agrees not to plead or to make, any claim that any such action, suit or proceeding brought in the state courts of Delaware has been brought in an improper or otherwise inconvenient forum, (e) waives, and agrees not to plead or to make, any claim that the state courts of Delaware lack personal jurisdiction over it, and (f) waives its right to remove any such action, suit or proceeding to the federal courts except when such courts are vested with sole and exclusive jurisdiction by statute. GM Cabot and Delphi CMC shall cooperate with each other in connection with any such action, suit or proceeding to obtain reliable assurances that confidential treatment will be accorded any information that either party shall reasonably deem to be confidential or proprietary. Each of the parties hereto irrevocably designates and appoints its respective Service Agent as its agent to receive service of process in any such action, suit or proceeding. Each of the parties hereto further covenants and agrees that, until the expiration of all applicable statutes of limitations relating to potential claims under this Agreement, each such party shall maintain a duly appointed agent for the service of summonses and other legal process in the State of Delaware, and shall promptly notifynotify the other party hereto of any change in the name or address of its Service Agent and the name and address of any replacement for its Service Agent, if such agent is no longer the Service Agent named herein. Notwithstanding anything contained in this Section 6.6, all claims for indemnification under Section 5 shall be governed by the provisions thereof.

Appears in 1 contract

Samples: Offering and Distribution Agreement (Cabot Microelectronics Corp)

Consent to Exclusive Jurisdiction. Any action, suit or proceeding arising out of any claim that the parties cannot settle through good faith negotiations (except any claim to which Section 4.6 4.5 applies) shall be litigated exclusively in the state courts of Delaware. Each of the parties hereto hereby irrevocably and unconditionally (a) submits to the jurisdiction of the state courts of Delaware for any such action, suit or proceeding, (b) agrees not to commence any such action, suit or proceeding except in the state courts of Delaware, (c) waives, and agrees not to plead or to make, any objection to the venue of any such action, suit or proceeding in the state courts of Delaware, (d) waives, and agrees not to plead or to make, any claim that any such action, suit or proceeding brought in the state courts of Delaware has been brought in an improper or otherwise inconvenient forum, (e) waives, and agrees not to plead or to make, any claim that the state courts of Delaware lack personal jurisdiction over it, and (f) waives its right to remove any such action, suit or proceeding to the federal courts except when such courts are vested with sole and exclusive jurisdiction by statute. GM GLC and Delphi OSCA shall cooperate with each other in connection with any such action, suit or proceeding to obtain reliable assurances that confidential treatment will be accorded any information that either party shall reasonably deem to be confidential or proprietary. Each of the parties hereto irrevocably designates and appoints its respective Service Agent as its agent to receive service of process in any such action, suit or proceeding. Each of the parties hereto further covenants and agrees that, until the expiration of all applicable statutes of limitations relating to potential claims under this Agreement, each such party shall maintain a duly appointed agent for the service of summonses and other legal process in the State of Delaware, and shall promptly notifynotify the other party hereto of any change in the name or address of its Service Agent and the name and address of any replacement for its Service Agent, if such agent is no longer the Service Agent named herein. This Section 7.5 is meant to comply with 6 Del. C. Section 2708. Notwithstanding anything contained in this Section 7.5, all claims for indemnification under Section 6 shall be governed by the provisions thereof.

Appears in 1 contract

Samples: Offering and Distribution Agreement (Osca Inc)

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Consent to Exclusive Jurisdiction. Any action, suit or proceeding arising out of any claim that the parties cannot settle through good faith negotiations (except any claim to which Section 4.6 applies) shall be litigated exclusively in the state courts of Delaware. Each of the parties hereto hereby Parties irrevocably consents and unconditionally (a) submits agrees that any Action arising from or related to the jurisdiction any Dispute may only be brought in any of the state courts having jurisdiction over this Agreement located in the state of Delaware for any such actionMichigan, suit or proceedingand that, by execution and delivery of this Agreement, each Party (a) accepts the exclusive jurisdiction of the aforesaid courts, (b) irrevocably agrees not to commence be bound by any final judgment (after any and all appeals) of any such actioncourt and agrees that such final, nonappealable judgment may be enforced by suit on the judgment or proceeding except in the state courts of Delawareany other manner provided by applicable Laws, (c) irrevocably waives, and agrees not to plead or to makethe fullest extent permitted by applicable Laws, any objection which it may now or hereafter have to the laying of venue of any Action with respect to this Agreement in any such actioncourt, suit or proceeding in the state courts of Delaware, (d) and further irrevocably waives, and agrees not to plead or to makethe fullest extent permitted by applicable Laws, any claim that any such action, suit or proceeding Action brought in the state courts of Delaware any such court has been brought in an improper or otherwise inconvenient forum, (ed) waives, and agrees not to plead or to make, any claim that the state courts of Delaware lack personal jurisdiction over it, and (f) waives its right to remove any such action, suit or proceeding to the federal courts except when such courts are vested with sole and exclusive jurisdiction by statute. GM and Delphi shall cooperate with each other in connection with any such action, suit or proceeding to obtain reliable assurances that confidential treatment will be accorded any information that either party shall reasonably deem to be confidential or proprietary. Each of the parties hereto irrevocably designates and appoints its respective Service Agent as its agent to receive service of process in any such actionaction may be effected by delivering a copy thereof by the means of notice set forth in Section 15.12 hereof, suit to such Party at its notice address set forth herein, or proceeding. Each at such other address of which the parties other Party hereto further covenants and shall have been notified, (e) agrees that, until that nothing herein shall affect the expiration of all applicable statutes of limitations relating right to potential claims under this Agreement, each such party shall maintain a duly appointed agent for the effect service of summonses and other legal process in the State of Delawareany other manner permitted by applicable Laws, and (f) agrees that any litigation related to this Agreement shall promptly notifybe brought exclusively in Michigan courts. The Parties further agree to waive any argument opposing transfer to the Michigan venue in case any litigation or claim related to this Agreement is initiated elsewhere. The Parties acknowledge that the foregoing consent to jurisdiction in federal or state courts in the state of Michigan is intended to be exclusive, and that neither Party may bring an action in any other federal or state court having jurisdiction over the matter in dispute and the Parties.

Appears in 1 contract

Samples: Development Asset Acquisition Agreement

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