Common use of Exclusive Jurisdiction and Consent to Service of Process Clause in Contracts

Exclusive Jurisdiction and Consent to Service of Process. Subject to Section 14.12, the Parties agree that any legal action, suit or proceeding arising out of or relating to this Agreement or the transactions contemplated hereby, shall be instituted in a Federal or state court sitting in either Pennsylvania or Delaware. Such courts shall be the exclusive jurisdiction and venue of said legal proceedings and each Party hereto waives any objection which such party may now or hereafter have to the laying of venue of any such action, suit or proceeding, and irrevocably submits to the jurisdiction of any such court in any such action, suit or proceeding. Any and all service of process and any other notice in any such action, suit or proceeding shall be effective against such Party when transmitted in accordance with this Agreement. Nothing contained herein shall be deemed to affect the right of any Party hereto to serve process in any manner permitted by law.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Safety Kleen Corp/), Stock Purchase Agreement (Safety Kleen Corp/)

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Exclusive Jurisdiction and Consent to Service of Process. Subject to Section 14.12, the Parties The parties agree that any legal action, suit or proceeding arising out of or relating to this Agreement or the transactions contemplated hereby, shall be instituted in a Federal or state court sitting in either Pennsylvania or Delaware. Such courts New York, New York, which shall be the exclusive jurisdiction and venue of said legal proceedings and each Party party hereto waives any objection which such party may now or hereafter have to the laying of venue of any such action, suit or proceeding, and irrevocably submits to the jurisdiction of any such court in any such action, suit or proceeding. Any and all service of process and any other notice in any such action, suit or proceeding shall be effective against such Party party (or the subsidiary of such party) when transmitted in accordance with this AgreementSection 17.7. Nothing contained herein shall be deemed to affect the right of any Party party hereto to serve process in any manner permitted by law.

Appears in 2 contracts

Samples: Asset Exchange Agreement (SFX Broadcasting Inc), Asset Exchange Agreement (SFX Broadcasting Inc)

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Exclusive Jurisdiction and Consent to Service of Process. Subject to Section 14.12, the Parties The parties agree that any legal action, suit or proceeding arising out of or of, relating to or in connection with this Agreement or the transactions contemplated hereby, shall be instituted in a Federal federal or state court sitting in either Pennsylvania or Delaware. Such courts New York County, New York, which shall be the exclusive jurisdiction and venue of said legal proceedings and each Party party hereto waives any objection which such party may now or hereafter have to the laying of venue of any such action, suit or proceeding, proceeding and irrevocably submits to the jurisdiction of any such court in any such action, suit or proceeding. Any and all service of process and any other notice in any such action, suit or proceeding shall be effective against such Party party when transmitted in accordance with this AgreementSection 11.11 hereof. Nothing contained herein shall be deemed to affect the right of any Party hereto either party to serve process in any manner permitted by law.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Specialty Underwriters Alliance, Inc.), Stock Purchase Agreement (Specialty Underwriters Alliance, Inc.)

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