New York Process Agent Sample Clauses
The New York Process Agent clause designates a specific individual or entity in New York to receive legal documents on behalf of a party, typically a foreign party, in the event of legal proceedings. This clause is commonly used in contracts where one party does not have a physical presence in New York but agrees that any legal notices or court papers related to the contract can be served to their appointed agent in the state. By providing a reliable point of contact for service of process, the clause ensures that legal actions can proceed smoothly and that all parties are properly notified, thereby reducing the risk of delays or disputes over proper notice.
New York Process Agent. Without prejudice to any other mode of service allowed under any relevant laws, the Company:
(a) irrevocably appoints CT Corporation System, located at 1▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, as its agent for service of process in relation to any proceedings before the courts of the State of New York sitting in the Borough of Manhattan, New York City or of the United States for the Southern District of such State in connection with this Agreement; and
(b) agrees that failure by a process agent to notify the Company of the process will not invalidate the proceedings concerned.
New York Process Agent. Without prejudice to any other mode of service allowed under any relevant Law the Borrower:
(a) irrevocably shall have appointed, on or prior to the first Credit Extension, CT Corporation System, located at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ as its agent for service of process, in relation to any proceedings before the courts of the State of New York sitting in the Borough of Manhattan, New York City or of the United States for the Southern District of such State in connection with this Agreement; and
(b) agrees that failure by a process agent to notify the Borrower of the process will not invalidate the proceedings concerned.