Jurisdiction and Service. All judicial proceedings brought against such Guarantor with respect to the Guarantee may be brought in any state or federal court of competent jurisdiction in the State of New York and by execution and delivery of the Guarantee, such Guarantor accepts for itself and in connection with its properties, generally and unconditionally, the nonexclusive jurisdiction of the aforesaid courts, and irrevocably agrees to be bound by any judgment rendered thereby in connection with the Guarantee. Such Guarantor designates and appoints TWC, at its address specified for notices in the Credit Agreement and such other Persons as may hereafter be selected by such Guarantor irrevocably agreeing in writing to so serve, as its agent to receive on its behalf service of all process in any such proceedings in any such court, such service being hereby acknowledged by such Guarantor to be effective and binding service in every respect. A copy of any such process so served shall be mailed by registered mail to such Guarantor at its address as set forth above except that unless otherwise provided by applicable law, any failure to mail such copy shall not affect the validity of service of process. If any agent appointed by such Guarantor refuses to accept service, such Guarantor hereby agrees that service upon it by mail shall constitute sufficient notice. Nothing herein shall affect the right of any Guaranteed Party to bring proceedings against such Guarantor in the courts of any other jurisdiction.
Appears in 4 contracts
Samples: Credit Agreement (Time Warner Inc), Credit Agreement (Time Warner Inc), Credit Agreement (Time Warner Inc)
Jurisdiction and Service. All judicial proceedings brought against such Guarantor with respect to the Guarantee may be brought in any state or federal court of competent jurisdiction in the State of New York and by execution and delivery of the Guarantee, such Guarantor accepts for itself and in connection with its properties, generally and unconditionally, the nonexclusive jurisdiction of the aforesaid courts, and irrevocably agrees to be bound by any judgment rendered thereby in connection with the Guarantee. Such Guarantor designates and appoints TWCthe Borrower, at its address specified for notices in the Credit Agreement and such other Persons as may hereafter be selected by such Guarantor irrevocably agreeing in writing to so serve, as its agent to receive on its behalf service of all process in any such proceedings in any such court, such service being hereby acknowledged by such Guarantor to be effective and binding service in every respect. A copy of any such process so served shall be mailed by registered mail to such Guarantor at its address as set forth above except that unless otherwise provided by applicable law, any failure to mail such copy shall not affect the validity of service of process. If any agent appointed by such Guarantor refuses to accept service, such Guarantor hereby agrees that service upon it by mail shall constitute sufficient notice. Nothing herein shall affect the right of any Guaranteed Party to bring proceedings against such Guarantor in the courts of any other jurisdiction.
Appears in 3 contracts
Samples: Credit Agreement (Time Warner Inc), Credit Agreement (Time Warner Inc), Credit Agreement (Time Warner Inc)
Jurisdiction and Service. All judicial proceedings brought against such Guarantor with respect to the Guarantee may be brought in any state or federal court of competent jurisdiction in the State of New York and by execution and delivery of the Guarantee, such Guarantor accepts for itself and in connection with its properties, generally and unconditionally, the nonexclusive jurisdiction of the aforesaid courts, and irrevocably agrees to be bound by any judgment rendered thereby in connection with the Guarantee. Such Guarantor designates and appoints TWCTWI, at its address specified for notices in the Credit Agreement and such other Persons as may hereafter be selected by such Guarantor irrevocably agreeing in writing to so serve, as its agent to receive on its behalf service of all process in any such proceedings in any such court, such service being hereby acknowledged by such Guarantor to be effective and binding service in every respect. A copy of any such process so served shall be mailed by registered mail to such Guarantor at its address as set forth above except that unless otherwise provided by applicable law, any failure to mail such copy shall not affect the validity of service of process. If any agent appointed by such Guarantor refuses to accept service, such Guarantor hereby agrees that service upon it by mail shall constitute sufficient notice. Nothing herein shall affect the right of any Guaranteed Party to bring proceedings against such Guarantor in the courts of any other jurisdiction.
Appears in 2 contracts
Samples: Credit Agreement (Aol Time Warner Inc), Credit Agreement (Aol Time Warner Inc)