1992 ISDA Master Agreement
A Jolly Contrarian owner’s manual™
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Section 13(b) in a Nutshell™
Use at your own risk, campers!
Full text of Section 13(b)
. With respect to any suit, action or proceedings relating to this Agreement
”), each party irrevocably:—
- 13(b)(i) submits to the jurisdiction of the English courts, if this Agreement is expressed to be governed by English law, or to the non-exclusive jurisdiction of the courts of the State of New York and the United States District Court located in the Borough of Manhattan in New York City, if this Agreement is expressed to be governed by the laws of the State of New York; and
- 13(b)(ii) waives any objection which it may have at any time to the laying of venue of any Proceedings brought in any such court, waives any claim that such Proceedings have been brought in an inconvenient forum and further waives the right to object, with respect to such Proceedings, that such court does not have any jurisdiction over such party.
Nothing in this Agreement
precludes either party from bringing Proceedings in any other jurisdiction (outside, if this Agreement
is expressed to be governed by English law, the Contracting States, as defined in Section 1(3) of the Civil Jurisdiction and Judgments Act 1982 or any modification, extension or re-enactment thereof for the time being in force) nor will the bringing of Proceedings
in any one or more jurisdictions preclude the bringing of Proceedings
in any other jurisdiction.
Related agreements and comparisons
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