Common use of Consent to Service; Jurisdiction Clause in Contracts

Consent to Service; Jurisdiction. (a) The Issuer hereby waives (to the extent permitted by law) irrevocably any immunity from jurisdiction or execution to which it or its property might otherwise be entitled in any action arising out of or based upon the Securities of any Series, which may be duly instituted in any State or Federal court in The City and State of New York by the holder of a Security of such Series; provided, however, that this waiver shall not extend to actions brought under the United States Federal securities laws. This waiver is intended to be effective upon the execution of this Agreement without any further act by the Issuer before any such court, and introduction of a true copy of this Agreement into evidence shall be conclusive and final evidence of such waiver.

Consent to Service; Jurisdiction. (a) The Issuer hereby waives (to the extent permitted by lawlaw and the Protocol) irrevocably any immunity from jurisdiction or execution to which it or its property might otherwise be entitled in any action arising out of or based upon the Securities of any Series, which may be duly instituted in any State or Federal court in The City and State of New York by the holder of a Security of such Series; provided, however, that this waiver shall not extend to actions brought under the United States Federal securities laws. This waiver is intended to be effective upon the execution of this Agreement without any further act by the Issuer before any such court, and introduction of a true copy of this Agreement into evidence shall be conclusive and final evidence of such waiver.