Common use of Waiver of Jury Trial; Submission to Jurisdiction Clause in Contracts

Waiver of Jury Trial; Submission to Jurisdiction. (a) EACH OF THE GRANTOR AND THE GRANTEE HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS DEED, THE CREDIT AGREEMENT, ANY LOAN DOCUMENT OR ANY OTHER RELATED INSTRUMENT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN), OR ACTIONS OF THE GRANTOR OR THE GRANTEE. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE GRANTEE AND THE FIXED ASSETS LENDERS TO ENTER INTO THE TRANSACTIONS PROVIDED FOR IN THE CREDIT AGREEMENT AND TO MAKE THE FIXED ASSETS LOANS.

Appears in 1 contract

Samples: Assignment and Security Agreement (Sterling Chemical Inc)

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Waiver of Jury Trial; Submission to Jurisdiction. (a) EACH OF THE GRANTOR TRUSTOR AND THE GRANTEE BENEFICIARY HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS DEEDDEED OF TRUST, THE CREDIT AGREEMENTINDENTURE, ANY LOAN DOCUMENT THE SENIOR NOTES, THE SECURITY DOCUMENTS OR ANY OTHER RELATED INSTRUMENT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN), OR ACTIONS OF THE GRANTOR TRUSTOR OR THE GRANTEEBENEFICIARY. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE GRANTEE BENEFICIARY AND THE FIXED ASSETS LENDERS HOLDERS TO ENTER INTO THE TRANSACTIONS PROVIDED FOR IN THE CREDIT AGREEMENT AND TO MAKE THE FIXED ASSETS LOANSINDENTURE.

Appears in 1 contract

Samples: Sterling Chemical Inc

Waiver of Jury Trial; Submission to Jurisdiction. (a) EACH OF THE GRANTOR TRUSTOR AND THE GRANTEE BENEFICIARY HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS DEEDMORTGAGE, THE CREDIT AGREEMENTINDENTURE, ANY LOAN DOCUMENT THE SENIOR SECURED NOTES, THE SECURITY AGREEMENTS OR ANY OTHER RELATED INSTRUMENT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN), OR ACTIONS OF THE GRANTOR TRUSTOR OR THE GRANTEEBENEFICIARY. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE GRANTEE BENEFICIARY AND THE FIXED ASSETS LENDERS HOLDERS TO ENTER INTO THE TRANSACTIONS PROVIDED FOR IN THE CREDIT AGREEMENT AND TO MAKE THE FIXED ASSETS LOANSINDENTURE.

Appears in 1 contract

Samples: Sterling Chemical Inc

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Waiver of Jury Trial; Submission to Jurisdiction. (a) EACH OF THE GRANTOR TRUSTOR AND THE GRANTEE BENEFICIARY HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS DEEDDEED OF TRUST, THE CREDIT AGREEMENTINDENTURE, ANY LOAN DOCUMENT THE SENIOR NOTES, THE COLLATERAL DOCUMENTS OR ANY OTHER RELATED INSTRUMENT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN), OR ACTIONS OF THE GRANTOR TRUSTOR OR THE GRANTEEBENEFICIARY. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE GRANTEE BENEFICIARY AND THE FIXED ASSETS LENDERS HOLDERS TO ENTER INTO THE TRANSACTIONS PROVIDED FOR IN THE CREDIT AGREEMENT AND TO MAKE THE FIXED ASSETS LOANSINDENTURE.

Appears in 1 contract

Samples: Security Agreement (Sterling Chemicals Inc)

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