Common use of VENUE, SERVICE OF PROCESS, AND JURY TRIAL Clause in Contracts

VENUE, SERVICE OF PROCESS, AND JURY TRIAL. The Borrower, for itself and its successors and assigns, irrevocably (a) submits to the nonexclusive jurisdiction of the state and federal courts in the State of Maryland (b) waives, to the fullest extent lawful, any objection that it may now or in the future have to the laying of venue of any litigation arising out of or in connection with this Agreement brought in any such court, (c) waives any claims that any litigation brought in any of the foregoing courts has been brought in an inconvenient forum, (d) consents to the service of process of any of those courts in any litigation by the mailing of copies of that process by certified mail, return receipt requested, postage prepaid, by hand delivery, or by delivery by a nationally-recognized courier service, and service shall be deemed complete upon delivery of the legal process at its address for purposes of this Agreement, (e) agrees that any legal proceeding against any party to this Agreement arising out of or in connection with the this Agreement may be brought in one of the foregoing courts, and (f) waives to the fullest extent permitted by governmental requirement, its respective rights to a jury trial of any claim or cause of action based upon or arising out of this Agreement. The scope of each of the foregoing waivers is intended to be all encompassing of any and all disputes that may be filed in any court and that relate to the subject matter of the matters contemplated hereby, including, without limitation, contract claims, tort claims, breach of duty claims, and all other common law and statutory claims. The Borrower acknowledges that these waivers are a material inducement to each Noteholder's agreement to enter into a business relationship, that each Noteholder has already relied on these waivers in entering into this Agreement, and that each Noteholder will continue to rely on each of these waivers in related future dealings. The Borrower further warrants and represents that it has reviewed these waivers with its legal counsel, and that it knowingly and voluntarily agrees to each waiver following consultation with legal counsel. The waivers in this paragraph are irrevocable, meaning that they may not be modified either orally or in writing, and these waivers apply to any future renewals, extensions, amendments, modifications, or replacements in respect of this Agreement. In connection with any litigation, this Agreement may be filed as a written consent to a trial by the court.