Common use of Federal and State Courts in New York Clause in Contracts

Federal and State Courts in New York. Except to the extent that arbitration is required in Section 15.2 above, and except as to the enforcement of any arbitration decision or award, any action or proceeding relating to any Dispute or Excluded Dispute may only be instituted in state or federal court in New York County, New York. Accordingly, You and Company consent to the exclusive personal jurisdiction and venue of such courts for such matters.

Federal and State Courts in New York. Except to the extent that arbitration is required in Section 15.2 16(b) above, and except as to the enforcement of any arbitration decision or award, any action or proceeding relating to any Dispute or Excluded Dispute may only be instituted in state or federal court in New York County, New York. Accordingly, You and Company the Parties consent to the exclusive personal jurisdiction and venue of such courts for such matters.