Common use of Jury Trial Waivers Clause in Contracts

Jury Trial Waivers. Each Borrower does knowingly, voluntarily and intelligently waive its constitutional right to a trial by jury with respect to any claim, dispute, conflict, or contention, if any, as may arise under this Agreement or under the related documents, and agree that any litigation between the parties concerning this Agreement and the related documents shall be heard by a court of competent jurisdiction sitting without a jury. Each Borrower does hereby confirm to Lender that it has reviewed the effect of this waiver of jury trial with competent legal counsel of its choice, or been afforded the opportunity to do so, prior to signing this Agreement and the related documents, and each acknowledge and agree that Lender is relying upon this waiver in extending the