GMRA wikitext: Difference between revisions

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:(d) All remedies hereunder shall survive {{gmraprov|Termination}} in respect of the relevant {{gmraprov|Transaction}} and termination of this {{gmraprov|Agreement}}.<br>
:(d) All remedies hereunder shall survive {{gmraprov|Termination}} in respect of the relevant {{gmraprov|Transaction}} and termination of this {{gmraprov|Agreement}}.<br>
:(e) The participation of any additional member State of the European Union in economic and monetary union after 1 January 1999 shall not have the effect of altering any term of the Agreement or any {{gmraprov|Transaction}}, nor give a party the right unilaterally to alter or terminate the Agreement or any {{gmraprov|Transaction}}.<br>
:(e) The participation of any additional member State of the European Union in economic and monetary union after 1 January 1999 shall not have the effect of altering any term of the Agreement or any {{gmraprov|Transaction}}, nor give a party the right unilaterally to alter or terminate the Agreement or any {{gmraprov|Transaction}}.<br>
'''{{gmraprov|17}}. {{gmraprov|Governing Law}}'''<br>
 
This {{gmraprov|Agreement}} shall be governed by and construed in accordance with the laws of England. {{gmraprov|Buyer}} and {{gmraprov|Seller}} hereby irrevocably submit for all purposes of or in connection with this {{gmraprov|Agreement}} and each {{gmraprov|Transaction}} to the jurisdiction of the Courts of England.<br>
'''{{gmraprov|Party A}} hereby appoints the person identified in Annex I hereto as its agent to receive on its behalf service of process in such courts. If such agent ceases to be its agent, {{gmraprov|Party A}} shall promptly appoint, and notify {{gmraprov|Party B}} of the identity of, a new agent in England.<br>
'''{{gmraprov|Party B}} hereby appoints the person identified in Annex I hereto as its agent to receive on its behalf service of process in such courts. If such agent ceases to be its agent, {{gmraprov|Party B}} shall promptly appoint, and notify {{gmraprov|Party A}} of the identity of, a new agent in England.<br>
Each party shall deliver to the other, within 30 days of the date of this {{gmraprov|Agreement}} in the case of the appointment of a person identified in Annex I or of the date of the appointment of the relevant agent in any other case, evidence of the acceptance by the agent appointed by it pursuant to this paragraph of such appointment.<br>
Nothing in this paragraph shall limit the right of any party to take proceedings in the courts of any other country of competent jurisdiction.<br>
'''{{gmraprov|18}}.  {{gmraprov|No Waivers, etc.}}'''<br>
No express or implied waiver of any {{gmraprov|Event of Default}} by either party shall constitute a waiver of any other {{gmraprov|Event of Default}} and no exercise of any remedy hereunder by any party shall constitute a waiver of its right to exercise any other remedy hereunder. No modification or waiver of any provision of this {{gmraprov|Agreement}} and no consent by any party to a departure herefrom shall be effective unless and until such modification, waiver or consent shall be in writing and duly executed by both of the parties hereto. [[without limitation]] on any of the foregoing, the failure to give a notice pursuant to paragraph {{gmraprov|4(a)}} hereof will not constitute a waiver of any right to do so at a later date.<br>
'''{{gmraprov|19}}. {{gmraprov|Waiver of immunity}}'''<br>
'''{{gmraprov|19}}. {{gmraprov|Waiver of immunity}}'''<br>
Each party hereto hereby waives, to the fullest extent permitted by applicable law, all immunity (whether on the basis of sovereignty or otherwise) from jurisdiction, attachment (both before and after judgment) and execution to which it might otherwise be entitled in any action or proceeding in the Courts of England or of any other country or jurisdiction, relating in any way to this {{gmraprov|Agreement}} or any {{gmraprov|Transaction}}, and agrees that it will not raise, claim or cause to be pleaded any such immunity at or in respect of any such action or proceeding.<br>
Each party hereto hereby waives, to the fullest extent permitted by applicable law, all immunity (whether on the basis of sovereignty or otherwise) from jurisdiction, attachment (both before and after judgment) and execution to which it might otherwise be entitled in any action or proceeding in the Courts of England or of any other country or jurisdiction, relating in any way to this {{gmraprov|Agreement}} or any {{gmraprov|Transaction}}, and agrees that it will not raise, claim or cause to be pleaded any such immunity at or in respect of any such action or proceeding.<br>