Common use of No Immunities, etc Clause in Contracts

No Immunities, etc. Each Blue Star Party is subject to civil and commercial law with respect to its obligations under the Loan Documents to which it is a party, and the execution, delivery and performance by such Blue Star Party of the Loan Documents to which it is a party constitute and will constitute private and commercial acts and not public or governmental acts. Neither such Blue Star Party nor any of its property, whether or not held for its own account, has any immunity (sovereign or other similar immunity) from any suit or proceeding, from jurisdiction of any court or from set-off or any legal process (whether service or notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or other similar immunity) under laws of the jurisdiction in which such Blue Star Party is organized and existing in respect of its obligations under the Loan Documents to which it is a party. Such Blue Star Party has, pursuant to subsection 12.12, waived every immunity (sovereign or otherwise) to which it or any of its properties would otherwise be entitled from any legal action, suit or proceeding, from jurisdiction of any court or from set-off or any legal process (whether service or notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) under the laws of the jurisdiction in which such Blue Star Party is organized and existing in respect of its obligations under the Loan Documents to which it is a party. The waiver by such Blue Star Party described in the immediately preceding sentence is the legal, valid and binding obligation of such Blue Star Party.

No Immunities, etc. Each Blue Star Party is subject to civil and commercial law with respect to its obligations under the Loan Documents to which it is a party, and the execution, delivery and performance by such Blue Star Party it of the Loan Documents to which it is a party constitute and will constitute private and commercial acts and not public or governmental acts. Neither such No Blue Star Party nor any of its property, whether or not held for its own account, has any immunity (sovereign or other similar immunity) from any suit or proceeding, from jurisdiction of any court or from set-off or any legal process (whether service or notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or other similar immunity) under laws of the jurisdiction in which such Blue Star Party it is organized and existing in respect of its obligations under the Loan Documents to which it is a party. Such Each Blue Star Party has, pursuant to subsection 12.1212.3 of the Credit Agreement, waived every immunity (sovereign or otherwise) to which it or any of its properties would otherwise be entitled from any legal action, suit or proceeding, from jurisdiction of any court or from set-off or any legal process (whether service or notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) under the laws of the jurisdiction in which such Blue Star Party it is organized and existing in respect of its obligations under the Loan Documents to which it is a party. The waiver by such each Blue Star Party described in the immediately preceding sentence is the legal, valid and binding obligation of such Blue Star Partyit.