Common use of Waiver of Litigation Payments Clause in Contracts

Waiver of Litigation Payments. To the extent that any Party hereto may, in any action, suit or proceeding brought in any of the courts referred to in Section 12.3(b) or elsewhere arising out of or in connection with this Agreement or any other Financing Document to which it is a party, be entitled to the benefit of any provision of law requiring any other Party hereto in such action, suit or proceeding to post security for the costs of such Person or to post a bond or to take similar action, each such Person hereby irrevocably waives such benefit, in each case to the fullest extent now or in the future permitted under the laws of the State of New York or, as the case may be, the jurisdiction in which such court is located.

Appears in 2 contracts

Samples: Credit Agreement (NextDecade Corp.), Credit Agreement (NextDecade Corp.)

AutoNDA by SimpleDocs

Waiver of Litigation Payments. To the extent that any Party hereto may, in any action, suit or proceeding brought in any of the courts referred to in Section 12.3(b14.3(b) or elsewhere arising out of or in connection with this Agreement or any other P1 Financing Document to which it is a party, be entitled to the benefit of any provision of law requiring any other Party hereto in such action, suit or proceeding to post security for the costs of such Person or to post a bond or to take similar action, each such Person hereby irrevocably waives such benefit, in each case to the fullest extent now or in the future permitted under the laws of the State of New York or, as the case may be, the jurisdiction in which such court is located.

Appears in 2 contracts

Samples: Cd Credit Agreement (NextDecade Corp.), Credit Agreement (NextDecade Corp.)

Waiver of Litigation Payments. To the extent that any Party hereto may, in any action, suit or proceeding brought in any of the courts referred to in Section 12.3(b14.3(b) or elsewhere arising out of or in connection with this Agreement or any other TCF Financing Document to which it is a party, be entitled to the benefit of any provision of law requiring any other Party hereto in such action, suit or proceeding to post security for the costs of such Person or to post a bond or to take similar action, each such Person hereby irrevocably waives such benefit, in each case to the fullest extent now or in the future permitted under the laws of the State of New York or, as the case may be, the jurisdiction in which such court is located.

Appears in 1 contract

Samples: Credit Agreement (NextDecade Corp.)

AutoNDA by SimpleDocs

Waiver of Litigation Payments. To the extent that any Party hereto may, in any action, suit or proceeding brought in any of the courts referred to in Section 12.3(b14.3(b) or elsewhere arising out of or in connection with this Agreement or any other TCF Financing Document to which it is a party, be entitled to the benefit of any provision of law requiring any other Party hereto in such action, suit or proceeding to post security for the costs of such Person or to post a bond or to take similar action, each such Person hereby irrevocably waives such benefit, in each case to the fullest extent now or in the future permitted under the laws of the State of New York or, as the case may be, the jurisdiction in which such court is located.. 144 |US-DOCS\145399031.8||

Appears in 1 contract

Samples: TCF Credit Agreement (NextDecade Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.