82,891
edits
Template:ISDA Master Agreement 2002 13(b): Difference between revisions
Template:ISDA Master Agreement 2002 13(b) (view source)
Revision as of 17:53, 9 August 2018
, 9 August 2018no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| (4 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
{{isdaprov|13(b)}} '''{{isdaprov|Jurisdiction}}'''. With respect to any suit, action or proceedings relating to any dispute arising out of or in | {{isdaprov|13(b)}} '''{{isdaprov|Jurisdiction}}'''. With respect to any suit, action or proceedings relating to any dispute arising out of or in connection with this {{isdaprov|Agreement}} (“'''Proceedings'''”), each party irrevocably:―<br> | ||
:{{isdaprov|13(b)(i)}} submits:―<br> | :{{isdaprov|13(b)(i)}} submits:―<br> | ||
::(1) if this {{isdaprov|Agreement}} is expressed to be governed by English law, to (A) the non-exclusive | ::(1) if this {{isdaprov|Agreement}} is expressed to be governed by English law, to (A) the non-exclusive jurisdiction of the English courts if the {{isdaprov|Proceedings}} do not involve a {{isdaprov|Convention Court}} and (B) the exclusive jurisdiction of the English courts if the Proceedings do involve a {{isdaprov|Convention Court}}; or <br> | ||
::(2) if this {{isdaprov|Agreement}} is expressed to be governed by the laws of the State of New York, to the | ::(2) if this {{isdaprov|Agreement}} is expressed to be governed by the laws of the State of New York, 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; <br> | ||
{{ | :{{isdaprov|13(b)(ii)}} waives any objection which it may have at any time to the laying of venue of any {{isdaprov|Proceedings}} brought in any such court, waives any claim that such {{isdaprov|Proceedings}} have been brought in an [[inconvenient forum]] and further waives the right to object, with respect to such {{isdaprov|Proceedings}}, that such court does not have any jurisdiction over such party; and<br> | ||
:{{isdaprov|13(b)(iii)}} agrees, to the extent permitted by applicable law, that the bringing of {{isdaprov|Proceedings}} in any one or | :{{isdaprov|13(b)(iii)}} agrees, to the extent permitted by applicable law, that the bringing of {{isdaprov|Proceedings}} in any one or more jurisdictions will not preclude the bringing of {{isdaprov|Proceedings}} in any other jurisdiction.<br> | ||