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Template:Nutshell 2002 ISDA 13(b): Difference between revisions
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{{isdaprov|13(b)}} '''{{isdaprov|Jurisdiction}}'''. For any proceedings under this {{isdaprov|Agreement}} (“'''{{isdaprov|Proceedings}}'''”), each party irrevocably:―<br> | {{isdaprov|13(b)}} '''{{isdaprov|Jurisdiction}}'''. For any proceedings under this {{isdaprov|Agreement}} (“'''{{isdaprov|Proceedings}}'''”), each party irrevocably:―<br> | ||
:{{isdaprov|13(b)(i)}} submits:―<br> | :{{isdaprov|13(b)(i)}} submits to:―<br> | ||
::(1) | ::(1) for {{tag|English law}}-governed {{isdaprov|Agreement}}s, the [[non-exclusive jurisdiction]] of the English courts (or their [[exclusive jurisdiction]] where {{isdaprov|Proceedings}} involve a {{isdaprov|Convention Court}}); or <br> | ||
::(2) | ::(2) for [[New York law]]-governed {{isdaprov|Agreement}}s, the [[non-exclusive jurisdiction]] of the courts of the State of New York and the United States District Court located in Manhattan; <br> | ||
:{{isdaprov|13(b)(ii)}} waives | :{{isdaprov|13(b)(ii)}} waives its right to object to such court as a venue for any {{isdaprov|Proceedings}} brought in, or claim it is an [[inconvenient forum]], or that it has no jurisdiction; and<br> | ||
:{{isdaprov|13(b)(iii)}} agrees that {{isdaprov|Proceedings}} brought in one jurisdictions will not preclude {{isdaprov|Proceedings}} in any other jurisdiction.<br> | :{{isdaprov|13(b)(iii)}} agrees that {{isdaprov|Proceedings}} brought in one jurisdictions will not preclude {{isdaprov|Proceedings}} in any other jurisdiction.<br> | ||