Common use of Other Jurisdictions Clause in Contracts

Other Jurisdictions. EACH OF THE DEBTORS AGREES THAT THE AGENT AND THE SECURED CREDITORS SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS OR THEIR COLLATERAL IN A COURT IN ANY LOCATION TO ENABLE THE AGENT OR ANY SECURED CREDITOR TO REALIZE ON THE COLLATERAL, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTY. EACH OF THE DEBTORS AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR TO REALIZE ON COLLATERAL, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR. EACH OF THE DEBTORS WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTION.

Appears in 5 contracts

Samples: Security Agreement (EMCOR Group, Inc.), Security Agreement (Emcor Group Inc), Security Agreement (Emcor Group Inc)

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Other Jurisdictions. EACH OF THE DEBTORS PLEDGOR AGREES THAT THE AGENT AND THE SECURED CREDITORS SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS SUCH PLEDGOR OR THEIR COLLATERAL ITS PROPERTY IN A COURT IN ANY LOCATION TO ENABLE THE AGENT OR ANY SECURED CREDITOR TO REALIZE ON THE COLLATERALSUCH PROPERTY, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTY. EACH OF THE DEBTORS PLEDGOR AGREES THAT IT WILL SHALL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR TO REALIZE ON COLLATERALSUCH PROPERTY, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR. EACH OF THE DEBTORS PLEDGOR WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTION.

Appears in 4 contracts

Samples: Pledge Agreement (EMCOR Group, Inc.), Pledge Agreement (Emcor Group Inc), Pledge Agreement (Emcor Group Inc)

Other Jurisdictions. EACH OF THE DEBTORS GUARANTOR AGREES THAT THE AGENT AND THE SECURED GUARANTEED CREDITORS SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS GUARANTORS OR THEIR COLLATERAL PROPERTY (“PROPERTY”) IN A COURT IN ANY LOCATION TO ENABLE THE AGENT OR ANY SECURED CREDITOR GUARANTEED CREDITORS TO REALIZE ON THE COLLATERALPROPERTY, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITORGUARANTEED CREDITORS, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND A GUARANTOR OR ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND OTHER GUARANTORS OR THEIR PROPERTY. EACH OF THE DEBTORS GUARANTOR AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR GUARANTEED CREDITORS TO REALIZE ON COLLATERALPROPERTY, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE AGENT OR ANY SECURED CREDITORGUARANTEED CREDITORS. EACH OF THE DEBTORS GUARANTOR WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR GUARANTEED CREDITORS HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTION.

Appears in 4 contracts

Samples: Guaranty Agreement (EMCOR Group, Inc.), Guaranty Agreement (Emcor Group Inc), Guaranty Agreement (Emcor Group Inc)

Other Jurisdictions. EACH OF THE DEBTORS GRANTOR AGREES THAT THE AGENT AND THE ADMINISTRATIVE AGENT, ANY LENDER OR ANY OTHER HOLDER OF SECURED CREDITORS OBLIGATIONS SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS GRANTOR OR THEIR COLLATERAL ITS RESPECTIVE PROPERTY IN A COURT IN ANY LOCATION TO ENABLE THE AGENT SUCH PERSON TO (1) OBTAIN PERSONAL JURISDICTION OVER SUCH GRANTOR OR ANY SECURED CREDITOR TO (2) REALIZE ON THE COLLATERALCOLLATERAL GRANTED IN CONNECTION HEREWITH, OR (3) IN ORDER TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF SUCH PERSON. THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTY. EACH OF THE DEBTORS GRANTOR AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT BY SUCH PERSON IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR A LOCATION OUTSIDE OF ILLINOIS TO REALIZE ON COLLATERAL, ANY SECURITY FOR THE OBLIGATIONS OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF SUCH PERSON; PROVIDED THAT THE AGENT GRANTOR'S RIGHT TO ASSERT PERMISSIVE COUNTERCLAIMS IN STATE OR ANY SECURED CREDITORFEDERAL COURTS LOCATED IN CHICAGO, ILLINOIS SHALL BE PRESERVED. EACH OF THE DEBTORS GRANTOR WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR SUCH PERSON HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTIONSUBSECTION (b).

Appears in 2 contracts

Samples: Trademark Security Agreement (Sybron Dental Specialties Inc), Patent Security Agreement (Sybron Dental Specialties Inc)

Other Jurisdictions. EACH OF THE DEBTORS BORROWER AGREES THAT THE AGENT AND THE SECURED CREDITORS ANY LENDER SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS SUCH BORROWER OR THEIR COLLATERAL ITS PROPERTY ("PROPERTY") IN A COURT IN ANY LOCATION TO ENABLE THE AGENT OR ANY SECURED CREDITOR LENDER TO REALIZE ON THE COLLATERALCOLLATERAL OR ANY OTHER SECURITY FOR THE LIABILITIES, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTYLENDER. EACH OF THE DEBTORS BORROWER AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS COUNTERCLAIM IN ANY PROCEEDING BROUGHT IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR LENDER TO REALIZE ON COLLATERALPROPERTY, COLLATERAL OR ANY OTHER SECURITY FOR THE LIABILITIES, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE AGENT OR ANY SECURED CREDITORLENDER. EACH OF THE DEBTORS BORROWER WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR LENDER HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTIONSUBSECTION 11.8(B).

Appears in 2 contracts

Samples: Loan and Security Agreement (Abc Rail Products Corp), Loan and Security Agreement (Abc Rail Products Corp)

Other Jurisdictions. EACH OF THE DEBTORS BORROWER AGREES THAT THE AGENT AND THE SECURED CREDITORS LENDER SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS BORROWER, A GUARANTOR, OR THEIR COLLATERAL ITS PROPERTY IN A COURT IN ANY LOCATION TO ENABLE THE AGENT OR ANY SECURED CREDITOR LENDER TO REALIZE ON THE COLLATERAL, COLLATERAL OR ANY OTHER SECURITY FOR THE LIABILITIES OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY LENDER. THE BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTY. EACH OF THE DEBTORS AGREES A GUARANTOR AGREE THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS COUNTERCLAIM, EXCEPT A COUNTERCLAIM ALLEGING THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF THE LENDER, IN ANY PROCEEDING BROUGHT IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR LENDER TO REALIZE ON PROPERTY, COLLATERAL, OR ANY OTHER SECURITY FOR THE LIABILITIES OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE AGENT OR ANY SECURED CREDITORLENDER. EACH OF THE DEBTORS BORROWER WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR LENDER HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTIONSECTION.

Appears in 1 contract

Samples: Loan Agreement (Lm Funding America, Inc.)

Other Jurisdictions. EACH OF THE DEBTORS GRANTOR AGREES THAT THE AGENT AND THE ADMINISTRATIVE AGENT, ANY LENDER OR ANY OTHER HOLDER OF SECURED CREDITORS OBLIGATIONS SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS GRANTOR OR THEIR COLLATERAL ITS RESPECTIVE PROPERTY IN A COURT IN ANY LOCATION TO ENABLE THE AGENT SUCH PERSON TO (1) OBTAIN PERSONAL JURISDICTION OVER SUCH GRANTOR OR ANY SECURED CREDITOR TO (2) REALIZE ON THE COLLATERALCOLLATERAL GRANTED IN CONNECTION HEREWITH, OR (3) IN ORDER TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF SUCH PERSON. THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTY. EACH OF THE DEBTORS GRANTOR AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT BY SUCH PERSON IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR A LOCATION OUTSIDE OF ILLINOIS TO REALIZE ON COLLATERAL, ANY SECURITY FOR THE OBLIGATIONS OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF SUCH PERSON; PROVIDED THAT THE AGENT GRANTOR'S RIGHT TO ASSERT PERMISSIVE COUNTERCLAIMS IN STATE OR ANY SECURED CREDITORFEDERAL COURTS LOCATED IN CHICAGO, ILLINOIS SHALL BE PRESERVED. EACH OF THE DEBTORS GRANTOR WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTION.ANY

Appears in 1 contract

Samples: Trademark Security Agreement (Sybron Dental Specialties Inc)

Other Jurisdictions. EACH OF THE DEBTORS GRANTOR AGREES THAT THE AGENT AND THE ADMINISTRATIVE AGENT, ANY OTHER LENDER OR ANY HOLDER OF SECURED CREDITORS OBLIGATIONS SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS GRANTOR OR THEIR COLLATERAL ITS PROPERTY IN A COURT IN ANY LOCATION TO ENABLE SUCH PERSON TO (1) OBTAIN PERSONAL JURISDICTION OVER THE AGENT GRANTOR OR ANY SECURED CREDITOR TO (2) REALIZE ON THE COLLATERAL, COLLATERAL OR ANY OTHER SECURITY FOR THE SECURED OBLIGATIONS OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTYSUCH PERSON. EACH OF THE DEBTORS GRANTOR AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT IN ACCORDANCE WITH UNDER THIS PROVISION CLAUSE (B) BY THE AGENT OR ANY SECURED CREDITOR SUCH PERSON TO REALIZE ON COLLATERAL, THE COLLATERAL OR ANY OTHER SECURITY FOR THE OBLIGATIONS OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF SUCH PERSON ALL OF WHICH PERMISSIVE COUNTERCLAIMS MAY BE BROUGHT ONLY IN THE AGENT OR ANY SECURED CREDITORJURISDICTION SET FORTH IN CLAUSE (A) ABOVE. EACH OF THE DEBTORS GRANTOR WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR SUCH PERSON HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTIONSUBSECTION (B).

Appears in 1 contract

Samples: Security Agreement (Brightpoint Inc)

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Other Jurisdictions. EACH OF THE DEBTORS GRANTOR AGREES THAT THE AGENT AND THE ADMINISTRATIVE AGENT, ANY LENDER OR ANY OTHER HOLDER OF SECURED CREDITORS OBLIGATIONS SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS SUCH GRANTOR OR THEIR COLLATERAL ITS RESPECTIVE PROPERTY IN A COURT IN ANY LOCATION TO ENABLE THE AGENT SUCH PERSON TO (1) OBTAIN PERSONAL JURISDICTION OVER SUCH GRANTOR OR ANY SECURED CREDITOR TO (2) REALIZE ON THE COLLATERALCOLLATERAL GRANTED IN CONNECTION HEREWITH, OR (3) IN ORDER TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTYSUCH PERSON. EACH OF THE DEBTORS GRANTOR AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT BY SUCH PERSON IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR A LOCATION OUTSIDE OF ILLINOIS TO REALIZE ON COLLATERAL, ANY SECURITY FOR THE OBLIGATIONS OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE AGENT SUCH PERSON; PROVIDED THAT EACH GRANTOR'S RIGHT TO ASSERT PERMISSIVE COUNTERCLAIMS IN STATE OR ANY SECURED CREDITORFEDERAL COURTS LOCATED IN CHICAGO, ILLINOIS SHALL BE PRESERVED. EACH OF THE DEBTORS GRANTOR WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR SUCH PERSON HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTIONSUBSECTION (B).

Appears in 1 contract

Samples: Security Agreement (Sybron Dental Specialties Inc)

Other Jurisdictions. EACH OF THE DEBTORS BORROWER AGREES THAT THE AGENT AND THE SECURED CREDITORS ANY LENDER SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS BORROWER OR THEIR COLLATERAL ITS PROPERTY ("PROPERTY") IN A COURT IN ANY LOCATION TO ENABLE THE AGENT OR ANY SECURED CREDITOR LENDER TO REALIZE ON THE COLLATERALCOLLATERAL OR ANY OTHER SECURITY FOR THE LIABILITIES, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY LENDER. BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTY. EACH OF THE DEBTORS AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS COUNTERCLAIM IN ANY PROCEEDING BROUGHT IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR LENDER TO REALIZE ON COLLATERALPROPERTY, COLLATERAL OR ANY OTHER SECURITY FOR THE LIABILITIES, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE AGENT OR ANY SECURED CREDITORLENDER. EACH OF THE DEBTORS BORROWER WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR LENDER HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTIONSUBSECTION 11.8(B).

Appears in 1 contract

Samples: Loan and Security Agreement (Webco Industries Inc)

Other Jurisdictions. EACH OF THE DEBTORS BORROWER AGREES THAT THE AGENT AND THE SECURED CREDITORS ANY LENDER SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS SUCH BORROWER OR THEIR COLLATERAL ITS PROPERTY ("PROPERTY") IN A COURT IN ANY LOCATION TO ENABLE THE AGENT OR ANY SECURED CREDITOR LENDER TO REALIZE ON THE COLLATERALCOLLATERAL OR ANY OTHER SECURITY FOR THE LIABILITIES, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTYLENDER. EACH OF THE DEBTORS BORROWER AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS COUNTERCLAIM IN ANY PROCEEDING BROUGHT IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR LENDER TO REALIZE ON COLLATERALPROPERTY, COLLATERAL OR 101 ANY OTHER SECURITY FOR THE LIABILITIES, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE AGENT OR ANY SECURED CREDITORLENDER. EACH OF THE DEBTORS BORROWER WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR LENDER HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTIONSUBSECTION 11.8(B).

Appears in 1 contract

Samples: Loan and Security Agreement (Abc Rail Products Corp)

Other Jurisdictions. EACH OF THE DEBTORS GUARANTOR AGREES THAT THE AGENT AND THE ADMINISTRATIVE AGENT, ANY LENDER OR ANY OTHER HOLDER OF SECURED CREDITORS OBLIGATIONS SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH OF THE DEBTORS GUARANTOR OR THEIR COLLATERAL ITS RESPECTIVE PROPERTY IN A COURT IN ANY LOCATION TO ENABLE THE AGENT SUCH PERSON TO (1) OBTAIN PERSONAL JURISDICTION OVER ANY GUARANTOR OR ANY SECURED CREDITOR TO (2) REALIZE ON THE COLLATERALCOLLATERAL GRANTED IN CONNECTION HEREWITH, OR (3) IN ORDER TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITOR, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND THEIR PROPERTYSUCH PERSON. EACH OF THE DEBTORS GUARANTOR AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT BY SUCH PERSON IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR A LOCATION OUTSIDE OF ILLINOIS TO REALIZE ON COLLATERAL, ANY SECURITY FOR THE OBLIGATIONS OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF SUCH PERSON; PROVIDED THAT THE AGENT GUARANTORS' RIGHT TO ASSERT PERMISSIVE COUNTERCLAIMS IN STATE OR ANY SECURED CREDITOR. EACH OF THE DEBTORS WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTION.FEDERAL COURTS

Appears in 1 contract

Samples: Guaranty (Sybron Dental Specialties Inc)

Other Jurisdictions. EACH OF THE DEBTORS GUARANTORS AGREES THAT THE AGENT AND THE SECURED GUARANTEED CREDITORS SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH AND ANY OF THE DEBTORS GUARANTORS OR THEIR COLLATERAL PROPERTY ("PROPERTY") IN A COURT IN ANY LOCATION TO ENABLE THE AGENT OR ANY SECURED CREDITOR GUARANTEED CREDITORS TO REALIZE ON THE COLLATERALPROPERTY, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF THE AGENT OR ANY SECURED CREDITORGUARANTEED CREDITORS, WHETHER OR NOT PROCEEDING SEPARATELY AGAINST ANY DEBTOR AND A GUARANTOR OR ITS PROPERTY OR JOINTLY AGAINST ANY BORROWER AND ANY ONE OR MORE OF THE DEBTORS AND OTHER GUARANTORS OR THEIR PROPERTY. EACH OF THE DEBTORS GUARANTORS AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT IN ACCORDANCE WITH THIS PROVISION BY THE AGENT OR ANY SECURED CREDITOR GUARANTEED CREDITORS TO REALIZE ON COLLATERALPROPERTY, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE AGENT OR ANY SECURED CREDITORGUARANTEED CREDITORS. EACH OF THE DEBTORS GUARANTORS WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH THE AGENT OR ANY SECURED CREDITOR GUARANTEED CREDITORS HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTION.

Appears in 1 contract

Samples: Guaranty Agreement (Lasalle Partners Inc)

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