Examples of Applicable Court in a sentence
If any Party brings any Action to enforce, specifically, the performance of the terms and provisions of this Agreement or the Equity Commitment Letter by any other Party requiring such Party to proceed to Closing in accordance with this Section 10.14, the End Date shall automatically be extended by (x) the amount of time during which such Action is pending, plus twenty (20) Business Days, or (y) such other time period established by the Applicable Court presiding over such Action.
In the event either party files an action against the other in any Applicable Court, the other party hereby waives any right to assert lack of personal jurisdiction.
Each of the parties hereto hereby irrevocably waives, to the fullest extent it may legally and effectively do so, any objection it may have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or the transactions contemplated hereby in an Applicable Court.
Each of the Mirant Settling Parties and SMECO shall use commercially reasonable efforts to cause the Effective Date to occur, including using commercially reasonable efforts to obtain, on an expedited basis, approval of this Agreement pursuant to Rule 9019 of the Federal Rules of Bankruptcy Procedure by the Applicable Court.