Examples of Reservation agreement in a sentence
This Reservation Agreement shall be effective as of its Effective Date, and BUYER may commence parking its Asset(s) at the Space(s) on the Arrival Date specified by SUPPLIER in the Confirmed Reservation and shall remove its Asset(s) no later than the Departure Date also specified in SUPPLIER’s Confirmed Reservation.
In the event that any Reservation Fee due from BUYER is not paid within the terms set forth in this Reservation Agreement (with reference to SUPPLIER’s Confirmed Reservation), SUPPLIER may, at its sole and absolute discretion terminate this Reservation Agreement, and may move and store BUYER’s Asset(s) at any location, at BUYER’s sole expense and otherwise pursuant to applicable law.
Any dispute arising out of or in connection with this Reservation Agreement may be litigated in the state or federal courts located in the State of New Jersey and Buyer and Supplier each hereby consents to be subject to the personal jurisdiction of such courts and hereby waives the defense of forum nonconveniens with respect to an action brought in any such court..
This Reservation Agreement is binding on and inures to the benefit of the successors and assigns of SUPPLIER and BUYER.
If any term of this Reservation Agreement is held by a court of competent jurisdiction to be void or unenforceable, the remainder of this Reservation Agreement remains in full force and effect.