Common use of LAW OF THE CONTRACT Clause in Contracts

LAW OF THE CONTRACT. Section 16.01. This Agreement shall be governed by and construed in accordance with the laws of the State of New York; provided, however, that nothing herein shall be construed as being inconsistent with the 1940 Act. Section 16.02. The Investment Manager irrevocably submits to the jurisdiction of any New York State or Federal court sitting in the City of New York over any suit, action or proceeding arising out of or relating to this Agreement. The Investment Manager irrevocably waives, to the fullest extent permitted by law, any objection that it may have or hereafter have to the laying of the venue of any such suit, action or proceeding brought in such a court and any claim that any such suit, action or proceeding brought in such a court has been brought in an inconvenient forum. The Investment Manager agrees that final judgment in any such suit, action or proceeding brought in such a court shall be enforced in any court to the jurisdiction of which the Investment Manager is subject by a suit upon such judgment. The Investment Manager hereby consents to process being served in any such suit, action or proceeding by (i) mailing a copy thereof by registered or certified mail, postage prepaid, return receipt requested, to its address set forth above or (ii) by serving a copy thereof in any other manner permitted by law.