Common use of SUBMISSION TO JURISDICTION; WAIVER OF VENUE Clause in Contracts

SUBMISSION TO JURISDICTION; WAIVER OF VENUE. THE PLEDGOR HEREBY IRREVOCABLY CONSENTS AND SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF ANY NEW YORK STATE COURT SITTING IN NEW YORK COUNTY, NEW YORK OR ANY FEDERAL COURT OF THE UNITED STATES SITTING IN THE SOUTHERN DISTRICT OF NEW YORK, AS ANY PARTY MAY ELECT, IN ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT. THE PLEDGOR HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT IT MAY LEGALLY AND EFFECTIVELY DO SO, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT IN ANY COURT REFERRED TO IN THIS SECTION 6.6. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT.

Appears in 1 contract

Sources: Pledge Agreement (Mo Tianquan)

SUBMISSION TO JURISDICTION; WAIVER OF VENUE. THE PLEDGOR BORROWER, ------------------------------------------- ON BEHALF OF ITSELF AND EACH SUBSIDIARY (A) HEREBY IRREVOCABLY CONSENTS AND SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF ANY COURT OF THE STATE OF NEW YORK STATE COURT SITTING IN NEW YORK COUNTY, NEW YORK AND/OR ANY FEDERAL COURT OF THE UNITED STATES SITTING IN FOR THE SOUTHERN DISTRICT OF NEW YORK, AS YORK OVER ANY PARTY MAY ELECT, IN ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT. THE PLEDGOR LOAN DOCUMENTS, AND THE BORROWER HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT IT MAY LEGALLY AND EFFECTIVELY DO SO, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING AGREES THAT ALL CLAIMS IN RESPECT OF VENUE OF ANY SUIT, SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE OR UNITED STATES COURT, AND (B) AGREES NOT TO INSTITUTE ANY LEGAL ACTION OR PROCEEDING AGAINST THE AGENT, THE ISSUING LENDER OR ANY LENDER OR THE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS OR PROPERTY OF ANY THEREOF, ARISING OUT OF OR RELATING TO THIS AGREEMENT AGREEMENT, IN ANY COURT REFERRED TO OTHER THAN AS HEREINABOVE SPECIFIED IN THIS SECTION 6.6. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT.-------

Appears in 1 contract

Sources: Credit Agreement (Nova Corp \Ga\)

SUBMISSION TO JURISDICTION; WAIVER OF VENUE. EACH PLEDGOR AND THE PLEDGOR ADMINISTRATIVE AGENT HEREBY IRREVOCABLY CONSENTS AND SUBMITS TO THE NON-EXCLUSIVE NONEXCLUSIVE JURISDICTION OF ANY THE SUPREME COURT OF THE STATE OF NEW YORK STATE COURT SITTING IN NEW YORK COUNTY, NEW YORK OR ANY FEDERAL COURT COUNTY AND OF THE UNITED STATES SITTING IN DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AS YORK OVER ANY PARTY MAY ELECT, IN ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT. THE PLEDGOR HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT IT MAY LEGALLY AND EFFECTIVELY DO SO, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE OTHER LOAN DOCUMENTS, AND EACH PLEDGOR AND THE ADMINISTRATIVE AGENT HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN ANY COURT REFERRED RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE OR, TO IN THIS SECTION 6.6THE EXTENT PERMITTED BY LAW, FEDERAL COURT. EACH OF PLEDGOR AND THE PARTIES HERETO ADMINISTRATIVE AGENT HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, THE DEFENSE OF AN INCONVENIENT FORUM ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE TO THE MAINTENANCE LAYING OF SUCH VENUE IN ANY ACTION OR PROCEEDING (WHETHER BROUGHT BY ANY PLEDGOR, THE ADMINISTRATIVE AGENT, ANY BANK OR OTHERWISE) IN ANY SUCH COURT.COURT HEREINABOVE SPECIFIED IN THIS SECTION 11

Appears in 1 contract

Sources: Borrower Pledge Agreement (Hilbert Stephen C)