Common use of Jurisdiction of Depositary Agent Clause in Contracts

Jurisdiction of Depositary Agent. The Borrower, the Administrative Agent and the Depositary Agent agree that, for purposes of the UCC, notwithstanding anything to the contrary contained in any other agreement relating to the establishment and operation of the Debt Service Reserve Account, the jurisdiction of the Depositary Agent (in its capacity as the securities intermediary and bank) is the State of New York and the laws of the State of New York govern the establishment and operation of the Debt Service Reserve Account.

Appears in 2 contracts

Samples: Credit Agreement (New Fortress Energy LLC), Credit Agreement (NFE Financial Holdings LLC)

AutoNDA by SimpleDocs

Jurisdiction of Depositary Agent. The BorrowerHoldings, the Administrative Collateral Agent and the Depositary Agent agree that, for purposes of the UCC, notwithstanding anything to the contrary contained in any other agreement relating to the establishment and operation of the Debt Service Reserve Account, the jurisdiction of the Depositary Agent (in its capacity as the securities intermediary and bank) is the State of New York and the laws of the State of New York govern the establishment and operation of the Debt Service Reserve Account.

Appears in 2 contracts

Samples: Security Deposit Agreement, Security Deposit Agreement (Cheniere Energy Inc)

Jurisdiction of Depositary Agent. The BorrowerCompany, the Administrative Agent Collateral Trustee and the Depositary Agent agree that, for purposes of the UCC, notwithstanding anything to the contrary contained in any other agreement relating to the establishment and operation of the Debt Service Reserve AccountAccounts, the jurisdiction of the Depositary Agent (in its capacity as the securities intermediary and bank) is the State of New York and the laws of the State of New York govern the establishment and operation of the Debt Service Reserve AccountAccounts.

Appears in 1 contract

Samples: Security Deposit Agreement (Cheniere Energy Inc)

AutoNDA by SimpleDocs

Jurisdiction of Depositary Agent. (a) The Borrower, the Administrative Collateral Agent and the Depositary Agent agree that, for purposes of the UCC, notwithstanding anything to the contrary contained in any other agreement relating to the establishment and operation of the Debt Service Reserve AccountAccounts, the jurisdiction of the Depositary Agent (in its capacity as the securities intermediary and bank) is the State of New York and the laws of the State of New York govern the establishment and operation of the Debt Service Reserve AccountAccounts.

Appears in 1 contract

Samples: Depositary Agreement (Fuelcell Energy Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!