Common use of Waiver of Rights to Trial by Jury Clause in Contracts

Waiver of Rights to Trial by Jury. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER TRANSACTION DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER TRANSACTION DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Labcorp Holdings Inc.), Sale and Contribution Agreement (Labcorp Holdings Inc.)

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Waiver of Rights to Trial by Jury. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT PERFORMANCE GUARANTY OR ANY OTHER TRANSACTION DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT PERFORMANCE GUARANTY AND THE OTHER TRANSACTION DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

Appears in 1 contract

Samples: Performance Guaranty (Labcorp Holdings Inc.)

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Waiver of Rights to Trial by Jury. EACH PARTY HERETO THE PARTIES HEREBY IRREVOCABLY WAIVESKNOWINGLY, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, VOLUNTARILY AND INTENTIONALLY WAIVE ANY RIGHT IT WHICH ANY PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LEGAL PROCEEDING DIRECTLY PROCEEDING, LITIGATION OR INDIRECTLY COUNTERCLAIM BASED ON, OR ARISING OUT OF OF, UNDER OR RELATING TO IN CONNECTION WITH THIS AGREEMENT OR ANY OTHER TRANSACTION DOCUMENT OR AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER BASED ON CONTRACT, TORT VERBAL OR ANY OTHER THEORY). EACH PARTY HERETO (AWRITTEN) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY ACTIONS OF ANY OTHER PERSON HAS REPRESENTEDPARTY. IF THE SUBJECT MATTER OF ANY LAWSUIT IS ONE IN WHICH THE WAIVER OF JURY TRIAL IS PROHIBITED, EXPRESSLY NO PARTY TO THIS AGREEMENT SHALL PRESENT AS A NON- COMPULSORY COUNTERCLAIM IN ANY SUCH LAWSUIT ANY CLAIM BASED ON, OR OTHERWISEARISING OUT OF, THAT SUCH OTHER PERSON WOULD NOTUNDER OR IN CONNECTION WITH THIS AGREEMENT. FURTHERMORE, IN THE EVENT OF LITIGATION, NO PARTY TO THIS AGREEMENT SHALL SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER TRANSACTION DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS CONSOLIDATE ANY SUCH ACTION IN THIS SECTIONWHICH A JURY TRIAL CANNOT BE WAIVED.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ashford Hospitality Trust Inc)

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