Common use of Governing Law; Jurisdiction; Venue; Waiver of Jury Trial Clause in Contracts

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive any argument that venue in any such forum is not convenient; (iii) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may be venued in either the state or federal courts located in the City of Minneapolis, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretion; and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT.

Appears in 1 contract

Samples: Term Loan Agreement (Municipal Mortgage & Equity LLC)

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Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to compelling arbitration, enforcing an arbitration award related to this Agreement; or the Lender’s exercise of any of its rights under Subsection 8.4(c), above; (ii) waive any argument that venue in any such forum is not convenient; , (iii) agree that any litigation initiated by the Lender or the Borrower in connection with and permitted by this Agreement or the other Loan Documents may be venued in either the state State or federal Federal courts located in the City of MinneapolisHennepin County, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionMinnesota; and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Notwithstanding the foregoing, nothing shall prevent or prohibit the Lender from bringing any action or seeking jurisdiction against the Borrower in any other court or venue as may be required by applicable law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES PARTIES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT.

Appears in 1 contract

Samples: Credit and Security Agreement (Nortech Systems Inc)

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive any argument that venue in any such forum is not convenient; (iii) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may be venued in either the state or federal courts located in the City of Minneapolis, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionMinnesota; and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT.DOCUMENT . Borrower’s Initials Lender’s Initials

Appears in 1 contract

Samples: Credit and Security Agreement (Waters Instruments Inc)

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive any argument that venue in any such forum is not convenient; , (iii) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may shall be venued in either the state District Court of Hennepin County, Minnesota, or federal courts located in the City United States District Court, District of MinneapolisMinnesota, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionSecond Division; and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES PARTIES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT.AGREEMENT. Credit and Security Agreement

Appears in 1 contract

Samples: Credit and Security Agreement (Winland Electronics Inc)

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The This Agreement and the other Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (ia) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this AgreementAgreement and the other Loan Documents; (iib) waive any argument that venue in any such forum is not convenient; , (iiic) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may shall be venued in either the state or federal courts located in the City of Minneapolis, County of Hennepin, State of Minnesota or in any other a state or federal court determined by the Lender in its sole discretionof Minnesota; and (ivd) agree agrees that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES PARTIES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY THE OTHER LOAN DOCUMENTDOCUMENTS.

Appears in 1 contract

Samples: Loan Agreement (Aspirity Holdings LLC)

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent consents to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive waives any argument that venue in any such forum is not convenient; , (iii) agree agrees that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may shall be venued in either the state District Court of Hennepin County, Minnesota, or federal courts located in the City United States District Court, District of Minneapolis, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionMinnesota; and (iv) agree agrees that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES PARTIES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENTAGREEMENT.

Appears in 1 contract

Samples: Credit and Security Agreement (Landec Corp \Ca\)

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive any argument that venue in any such forum is not convenient; , (iii) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may shall be venued in either the state District Court of Hennepin County, Minnesota, or federal courts located in the City United States District Court, District of MinneapolisMinnesota, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionFourth Division; and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES PARTIES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENTAGREEMENT.

Appears in 1 contract

Samples: Credit and Security Agreement (Sportsmans Guide Inc)

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive any argument that venue in any such forum is not convenient; , (iii) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may be venued in either the state State or federal Federal courts located in the City of MinneapolisHennepin County, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionMinnesota; and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES PARTIES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT.. 44

Appears in 1 contract

Samples: Credit and Security Agreement (Digital Angel Corp)

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Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive any argument that venue in any such forum is not convenient; , (iii) agree that any litigation initiated by the Lender or the Borrower Borrowers in connection with this Agreement or the other Loan Documents may shall be venued in either the state or federal courts located in the City District Court of MinneapolisHennepin County, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionUnited States District Court, District of Minnesota; and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES PARTIES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENTAGREEMENT.

Appears in 1 contract

Samples: Credit and Security Agreement (Nu Kote Holding Inc /De/)

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (ia) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (iib) waive any argument that venue in any such forum is not convenient; (iiic) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may be venued in either the state or federal courts located in the City of MinneapolisHennepin County, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionMinnesota; and (ivd) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT.

Appears in 1 contract

Samples: Credit and Security Agreement (Digital Angel Corp)

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive any argument that venue in any such forum is not convenient; , (iii) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may be venued in either the state State or federal Federal courts located in the City of MinneapolisHennepin County, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionMinnesota; and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES PARTIES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT.

Appears in 1 contract

Samples: Credit and Security Agreement (Digital Angel Corp)

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive any argument that venue in any such forum is not convenient; , (iii) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may shall be venued in either the state District Court of Hennepin County, Minnesota, or federal courts located in the City United States District Court, District of MinneapolisMinnesota, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionFourth Division; and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in -44- other jurisdictions by suit on the judgment or in any other manner provided by law. THE BORROWER AND THE LENDER EACH HEREBY WAIVES PARTIES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENTAGREEMENT.

Appears in 1 contract

Samples: Credit and Security Agreement (Fourth Shift Corp)

Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota. The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive any argument that venue in any such forum is not convenient; (iii) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may be venued in either the state or federal courts located in the City of MinneapolisHennepin County, County of Hennepin, State of Minnesota or in any other state or federal court determined by the Lender in its sole discretionMinnesota; and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. THE EACH BORROWER AND THE LENDER EACH HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT.

Appears in 1 contract

Samples: Security Agreement (Allis Chalmers Corp)

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