Common use of Venue; Process Clause in Contracts

Venue; Process. The parties to this Agreement agree that jurisdiction and venue shall properly lie in the Supreme Court of the State of New York, New York County, or in the United States District Court for the Southern District of New York, with respect to any legal proceedings arising from this Agreement. Such jurisdiction and venue are merely permissive; jurisdiction and venue shall also continue to lie in any court where jurisdiction and venue would otherwise be proper. The parties agree that they will not object that any action commenced in the foregoing jurisdictions is commenced in a forum non conveniens. Notwithstanding the foregoing, however, nothing contained in this Section 7.2 shall be deemed to limit or waive any right of the parties to remove any dispute to federal court which might otherwise properly be removed to such court.

Venue; Process. The parties to this Agreement agree that jurisdiction and venue shall properly lie in the Supreme Court of the State of New York, New York County, or in the United States District Court for the Southern District of New York, with respect to any legal proceedings arising from this Agreement. Such jurisdiction and venue are merely permissive; jurisdiction and venue shall also continue to lie in any court where jurisdiction and venue would otherwise be proper. The parties agree that they will not object that any action commenced in the foregoing jurisdictions is commenced in a forum non conveniens. Notwithstanding the foregoing, however, nothing contained in this Section 7.2 8.2 shall be deemed to limit or waive any right of the parties to remove any dispute to federal court which might otherwise properly be removed to such court.