Common use of Courts of Competent Jurisdiction Clause in Contracts

Courts of Competent Jurisdiction. If the Bankruptcy Court abstains from exercising, or declines to exercise, jurisdiction or is otherwise without jurisdiction over any matter arising out of the Plan, such abstention, refusal, or failure of jurisdiction shall have no effect upon and shall not control, prohibit, or limit the exercise of jurisdiction by any other court having competent jurisdiction with respect to such matter.

Appears in 3 contracts

Samples: Restructuring Support Agreement (Breitburn Energy Partners LP), Restructuring Support Agreement (Hospitality Investors Trust, Inc.), Restructuring Support Agreement (Core Scientific, Inc./Tx)

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Courts of Competent Jurisdiction. If the Bankruptcy Court abstains from exercising, or declines to exercise, jurisdiction or is otherwise without jurisdiction over any matter arising out of the Plan, such abstention, refusal, refusal or failure of jurisdiction shall have no effect upon and shall not control, prohibit, or limit the exercise of jurisdiction by any other court having competent jurisdiction with respect to such matter.

Appears in 1 contract

Samples: Settlement Agreement

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