Common use of FORUM FOR LITIGATION Clause in Contracts

FORUM FOR LITIGATION. BORROWER agrees that, in addition to any other available forum, any suit, action or proceeding against it arising under or growing out of, or relating to this Agreement or any note or other instrument or agreement required hereunder, or any other instrument executed by BORROWER for the benefit of LENDER, may be instituted in any Federal court in the State of New Jersey or any State court in the State of New Jersey or in any other court having jurisdiction, and BORROWER hereby waives any objection which it might have now or hereafter to the laying of the venue of any such suit, action or proceeding, and irrevocably submits to the jurisdiction of any such court in any suit, action or proceeding and waives any claim or defense of inconvenient forum.

Appears in 2 contracts

Samples: Loan and Security Agreement (Five Star Products Inc), Loan and Security Agreement (Five Star Products Inc)

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FORUM FOR LITIGATION. Each BORROWER agrees that, in addition to any other available forum, any suit, action or proceeding against it arising under or growing out of, or relating to this Agreement or any note or other instrument or agreement required hereunder, or any other instrument executed by any BORROWER for the benefit of LENDER, LENDER may be instituted in any Federal court in the State of New Jersey or any State court in the State States of New Jersey or in any other court having jurisdiction, and each BORROWER hereby waives any objection which it might have now or hereafter to the laying of the venue of any such suit, action or proceeding, and irrevocably submits to the jurisdiction of any such court in any suit, action or proceeding and waives any claim or defense of inconvenient forum.

Appears in 1 contract

Samples: Loan and Security Agreement (Cd&l Inc)

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FORUM FOR LITIGATION. BORROWER agrees that, in addition to any other available forum, any suit, action or proceeding against it arising under or growing out of, or relating to this Agreement or any note or other instrument or agreement required hereunder, or any other instrument executed by BORROWER for the benefit of AGENT or any LENDER, may be instituted in any Federal court in the State of New Jersey or any State court in the State of New Jersey or in any other court having jurisdiction, and BORROWER hereby waives any objection which it might have now or hereafter to the laying of the venue of any such suit, action or proceeding, and irrevocably submits to the jurisdiction of any such court in any suit, action or proceeding and waives any claim or defense of inconvenient forum.

Appears in 1 contract

Samples: Loan and Security Agreement (Five Star Products Inc)

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