Common use of Enforcement of Award Clause in Contracts

Enforcement of Award. By execution and delivery of this Agreement each Party hereby accepts and consents to the jurisdiction of the aforesaid Expert Panel and arbitral panel and, solely for purposes of the enforcement of an Expert Panel and arbitral award under this Section 19 (Dispute Resolution), to the jurisdiction of any court of competent jurisdiction, for itself and in respect of its property, and waives in respect of both itself and its property any defense it may have as to or based on sovereign immunity, jurisdiction, improper venue, or inconvenient forum. Each Party hereby irrevocably consents to the service of any process or other papers by the use of any of the methods and to the addresses set for the giving of notices in Section 21.1 (Addresses). Nothing herein shall affect the right of any Party to serve such process or papers in any other manner permitted by law.

Appears in 2 contracts

Samples: Partnership Agreement, Sample Contract

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Enforcement of Award. By execution and delivery of this Agreement each Party hereby accepts and consents to the jurisdiction of the aforesaid Expert Panel and arbitral panel and, solely for purposes of the enforcement of an Expert Panel and arbitral award under this Section 19 (Dispute Resolution)19, to the jurisdiction of any court of competent jurisdiction, for itself and in respect of its property, and waives in respect of both itself and its property any defense it may have as to or based on sovereign immunity, jurisdiction, improper venue, or inconvenient forum. Each Party hereby irrevocably consents to the service of any process or other papers by the use of any of the methods and to the addresses set for the giving of notices in Section 21.1 (Addresses)21.1. Nothing herein shall affect the right of any Party to serve such process or papers in any other manner permitted by law.

Appears in 1 contract

Samples: Sample Contract

Enforcement of Award. By execution and delivery of this Agreement each Party hereby accepts and consents to the jurisdiction of the aforesaid Expert Panel and arbitral panel and, solely for purposes of the enforcement of an Expert Panel and or arbitral award under this Section 19 (Dispute Resolution)20, to the jurisdiction of any court of competent jurisdiction, for itself and in respect of its property, and waives in respect of both itself and its property any defense it may have as to or based on sovereign immunity, jurisdiction, improper venue, or inconvenient forum. Each Party hereby irrevocably consents to the service of any process or other papers by the use of any of the methods and to the addresses set provided for the giving of notices in Section 21.1 (Addresses)22.1. Nothing herein shall affect the right of any Party to serve such process or papers in any other manner permitted by law.

Appears in 1 contract

Samples: Sample Contract

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Enforcement of Award. By execution and delivery of this Agreement each Party hereby accepts and consents to the jurisdiction of the aforesaid Expert Panel and arbitral panel and, solely for purposes of the enforcement of an Expert Panel and arbitral award under this Section 19 (Dispute Resolution), to the jurisdiction of any court of competent jurisdiction, for itself and in respect of its property, and waives in respect of both itself and its property any defense it may have as to or based on sovereign immunity, jurisdiction, improper venue, or inconvenient forum. Each Party hereby irrevocably consents to the service of any process or other papers by the use of any of the methods and to the addresses set for the giving of notices in Section 21.1 (AddressesNotices). Nothing herein shall affect the right of any Party to serve such process or papers in any other manner permitted by law.

Appears in 1 contract

Samples: Sample Contract

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