Common use of Jurisdiction; Jury Trial Waiver Clause in Contracts

Jurisdiction; Jury Trial Waiver. (a) Any suit, action or proceeding seeking to enforce any provision of, or based on any matter arising out of or in connection with this Agreement or the transactions contemplated by this Agreement shall be brought in any federal court located in the Southern District of the State of New York or any New York state court sitting in New York City, and each of the parties hereto hereby consents to the exclusive jurisdiction of such courts (and of the appropriate appellate courts therefrom) in any such suit, action or proceeding and waives any objection to venue laid therein. Process in any such suit, action or proceeding may be served on any party anywhere in the world, whether within or without the State of New York. Without limiting the generality of the foregoing, each party hereto agrees that service of process upon such party at the address referred to in Section 8, together with written notice of such service to such party, shall be deemed effective service of process upon such party. (b) EACH PARTY HERETO HEREBY WAIVES ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING INSTITUTED BY EITHER OF THEM AGAINST THE OTHER WHICH PERTAINS DIRECTLY OR INDIRECTLY TO THIS AGREEMENT, ANY ALLEGED TORTIOUS CONDUCT BY ANY PARTY, OR IN ANY WAY, DIRECTLY OR INDIRECTLY, ARISES OUT OF OR RELATES TO THE RELATIONSHIP AMONG THE PARTIES HERETO.

Jurisdiction; Jury Trial Waiver. (a) Any suitAll suits, action actions or proceeding seeking to enforce any provision proceedings arising out of, or based on any matter arising out of or in connection with with, this Agreement or the transactions contemplated by this Agreement shall be brought in any federal court located in the Southern District of the State of New York or any New York state court of competent subject matter jurisdiction sitting in New York City, and each County. Each of the parties hereto hereby undersigned by execution and delivery of this Agreement, expressly and irrevocably: (i) consents and submits to the personal jurisdiction of any such courts in any such action or proceeding; (ii) consents to the exclusive jurisdiction service of any complaint, summons, notice or other process relating to any such courts action or proceeding by delivery thereof to such party as set forth in Section 7 of this Agreement; and (and of the appropriate appellate courts therefromiii) waives any claim or defense in any such suit, action or proceeding and waives any objection to venue laid therein. Process in any such suit, action or proceeding may be served based on any party anywhere in the worldalleged lack of personal jurisdiction, whether within improper venue or without the State of New York. Without limiting the generality of the foregoing, each party hereto agrees that service of process upon such party at the address referred to in Section 8, together with written notice of such service to such party, shall be deemed effective service of process upon such partyforum non conveniens or any similar basis. (b) EACH PARTY HERETO HEREBY WAIVES ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING INSTITUTED BY EITHER OF THEM ANY PARTY AGAINST THE OTHER WHICH PERTAINS DIRECTLY OR INDIRECTLY TO THIS AGREEMENT, ANY ALLEGED TORTIOUS CONDUCT BY ANY PARTY, OR IN ANY WAY, DIRECTLY OR INDIRECTLY, ARISES OUT OF OR RELATES TO THE RELATIONSHIP AMONG THE PARTIES HERETO.