Common use of Submission to Jurisdiction and Waiver of Immunity Clause in Contracts

Submission to Jurisdiction and Waiver of Immunity. (a) Each Party irrevocably and unconditionally (i) submits to the non-exclusive jurisdiction of any United States federal or New York state court sitting in Manhattan, and any appellate court from any such court, solely for the purpose of any suit, action or proceeding brought to enforce its obligations under this Agreement or relating in any way to this Agreement or the Transaction under this Agreement and (ii) waives, to the fullest extent it may effectively do so, any defense of an inconvenient forum to the maintenance of such action or proceeding in any such court and any right of jurisdiction on account of its place of residence or domicile. (b) To the extent that either party has or hereafter may acquire any immunity (sovereign or otherwise) from any legal action, suit or proceeding, from jurisdiction of any court or from set off or any legal process (whether service or notice, attachment prior to judgment, attachment in aid of execution or judgment, execution of judgment or otherwise) with respect to itself or any of its property, such party hereby irrevocably waives and agrees not to plead or claim such immunity in respect of any action brought to enforce its obligations under the Agreement or relating in any way to this Agreement or the Transaction under this Agreement.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Hanover Capital Mortgage Holdings Inc), Master Repurchase Agreement (Hanover Capital Mortgage Holdings Inc), Master Repurchase Agreement (Hanover Capital Mortgage Holdings Inc)

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Submission to Jurisdiction and Waiver of Immunity. (a) Each Party party irrevocably and unconditionally (i) submits to the non-exclusive jurisdiction of any United States federal Federal or New York state State court sitting in Manhattan, and any appellate court from any such court, solely for the purpose of any suit, action or proceeding brought to enforce its obligations under this the Agreement or relating in any way to this the Agreement or the any Transaction under this the Agreement and (ii) waives, to the fullest extent it may effectively do so, any defense of an inconvenient forum to the maintenance of such action or proceeding in any such court and any right of jurisdiction on account of its place of residence or domicile. (b) To the extent that either party has or hereafter may acquire any immunity (sovereign or otherwise) from any legal action, suit or proceeding, from jurisdiction of any court or from set off or any legal process (whether service or notice, attachment prior to judgment, attachment in aid of execution or of judgment, execution of judgment or otherwise) with respect to itself or any of its property, such party hereby irrevocably waives and agrees not to plead or claim such immunity in respect of any action brought to enforce its obligations under the Agreement or relating in any way to this the Agreement or the any Transaction under this the Agreement.

Appears in 2 contracts

Samples: Securities Transfer Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (GSC Capital Corp)

Submission to Jurisdiction and Waiver of Immunity. (a) Each Party party irrevocably and unconditionally (i) submits to the non-exclusive jurisdiction of any United States federal Federal or New York state State court sitting in Manhattan, and any appellate court from any such court, solely for the purpose of any suit, action or proceeding brought to enforce its obligations under this the Agreement or relating in any way to this the Agreement or the any Transaction under this the Agreement and (ii) waives, to the fullest extent it may effectively do so, any defense of an inconvenient forum to the maintenance of such action or proceeding in any such court and any right of jurisdiction on account of its place of residence or domicile. (b) . To the extent that either party has or hereafter may acquire any immunity (sovereign or otherwise) from any legal action, suit or proceeding, from jurisdiction of any court or from set off or any legal process (whether service or notice, attachment prior to judgment, attachment in aid of execution or of judgment, execution of judgment or otherwise) with respect to itself or any of its property, such party hereby irrevocably waives and agrees not to plead or claim such immunity in respect of any action brought to enforce its obligations under the Agreement or relating in any way to this the Agreement or the any Transaction under this the Agreement.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Capitalsource Inc), Master Repurchase Agreement (Capitalsource Inc)

Submission to Jurisdiction and Waiver of Immunity. (a) Each Party party irrevocably and unconditionally (i) submits to the non-exclusive jurisdiction of any United States federal Federal or New York state State court sitting in Manhattan, and any appellate court from any such court, solely for the purpose of any suit, action or proceeding brought to enforce its obligations under this the Agreement or relating in any way to this the Agreement or the any Transaction under this the Agreement and (ii) waives, to the fullest extent it may effectively do so, any defense of an inconvenient forum to the maintenance of such action or proceeding in any such court and any right of jurisdiction on account of its place of residence or domicile. (b) To the extent that either party has or hereafter may acquire any immunity (sovereign or otherwise) from any legal action, suit or proceeding, from jurisdiction of any court or from set off setoff or any legal process (whether service or notice, attachment prior to judgment, attachment in aid of execution or of judgment, execution of judgment or otherwise) with respect to itself or any of its property, such party hereby irrevocably waives and agrees not to plead or claim such immunity in respect of any action brought to enforce its obligations under the Agreement or relating in any way to this the Agreement or the any Transaction under this the Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pmi Group Inc)

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Submission to Jurisdiction and Waiver of Immunity. (a) Each Party party irrevocably and unconditionally (i) submits to the non-exclusive jurisdiction of any United States federal Federal or New York state State court sitting in the Borough Manhattan, and any appellate court from any such court, solely for the purpose of any suit, action or proceeding brought to enforce its obligations under this the Agreement or relating in any way to this the Agreement or the any Transaction under this the Agreement and (ii) waives, to the fullest extent it may effectively do so, any defense of an inconvenient forum to the maintenance of such action or proceeding in any such court and any right of jurisdiction on account of its place of residence or domicile. (b) To the extent that either party has or hereafter may acquire any immunity (sovereign or otherwise) from any legal action, suit or proceeding, from jurisdiction of any court or from set off or any legal process (whether service or notice, attachment prior to judgment, attachment in aid of execution or of judgment, execution of judgment or otherwise) with respect to itself or any of its property, such party hereby irrevocably waives and agrees not to plead or claim such immunity in respect of any action brought to enforce its obligations under the Agreement or relating in any way to this the Agreement or the any Transaction under this the Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Provident Mortgage Capital Associates, Inc.)

Submission to Jurisdiction and Waiver of Immunity. (a) Each Party party irrevocably and unconditionally (i) submits to the non-exclusive jurisdiction of any United States federal Federal or New York state State court sitting in Manhattan, and any appellate court from any such court, solely for the purpose of any suit, action or proceeding brought to enforce its obligations under this the Agreement or relating in any way to this the Agreement or the any Transaction under this the Agreement and (ii) waives, to the fullest extent it may effectively do so, any defense of an inconvenient forum to the maintenance of such action or proceeding proceeding. in any such court and any right of jurisdiction on account of its place of residence or domicile. (b) To the extent that either party has or hereafter may acquire any immunity (sovereign or otherwise) from any legal action, suit or proceeding, from jurisdiction of any court or from set off or any legal process (whether service or notice, attachment prior to judgment, attachment in aid of execution or of judgment, execution of judgment or otherwise) with respect to itself or any of its property, such party hereby irrevocably waives and agrees not to plead or claim such immunity in respect of any action brought to enforce its obligations under the Agreement or relating in any way to this the Agreement or the any Transaction under this the Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Provident Mortgage Capital Associates, Inc.)

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