Default; Jurisdiction Clause Samples
The "Default; Jurisdiction" clause defines the consequences and legal procedures that apply if one party fails to meet its obligations under the agreement. Typically, this clause outlines what constitutes a default, the remedies available to the non-defaulting party, and specifies the courts or legal jurisdiction where disputes will be resolved. For example, it may state that if a party does not make a required payment, the other party can terminate the contract and seek damages in a specified court. The core function of this clause is to provide a clear framework for addressing breaches and to ensure that any legal actions are handled in a predetermined and mutually agreed-upon location, thereby reducing uncertainty and potential conflicts over where and how disputes are resolved.
Default; Jurisdiction. Should any party default hereunder, the nondefaulting party shall be entitled to recover all costs of enforcing this Agreement, including reasonable attorney's fees. This agreement shall be governed by, subject to, and interpreted in accordance with the laws of the Commonwealth of Virginia without regard for its conflict of laws statute.
Default; Jurisdiction. Should any party default hereunder, the nondefaulting party shall be entitled to recover all costs of enforcing this agreement, including reasonable attorney's fees. This agreement shall be governed by, subject to, and interpreted in accordance with the laws of the State of Delaware without regard for its conflict of laws statute. Entered into as of this Fifteenth day of November, 1999. CITIBANK (NEW YORK STATE), AS TRUSTEE FOR THE STUDENT LOAN CORPORATION By /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ ---------------------------------------------------- ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Vice President & General Counsel Citibank (NYS) The Student Loan Corporation By /s/ Yiannis Zographakis ---------------------------------------------------- Mr. Yiannis Zographakis, CFO COLLEGIATE FUNDING SERVICES, LLC By /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ---------------------------------------------------- ▇▇▇▇ ▇. ▇▇▇▇▇▇▇, CEO CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. THE SYMBOL "[****]" HAS BEEN INSERTED IN PLACE OF THE PORTIONS SO OMITTED. AMENDMENT AGREEMENT This Amendment Agreement is entered into as of March 1, 2001 among Citibank (NYS) as trustee for The Student Loan Corporation ("Bank"), The Student Loan Corp. ("SLC") and Collegiate Funding Services, LLC ("CFS").
Default; Jurisdiction. Except with respect to any arbitration commenced pursuant to Section 26, Cian, iRealtor and the Indemnified Person hereby irrevocably and unconditionally (i) agree that any action or Proceeding arising out of or in connection with this Deed or the breach termination or invalidity thereof shall be brought only in the courts of England and not in any other court in any other country, (ii) consent to submit to the exclusive jurisdiction of the courts of England for the purposes of any action or Proceeding arising out of or in connection with this Deed,