Common use of Service of Process in New York Clause in Contracts

Service of Process in New York. The Grantor hereby acknowledges and agrees that it has, by separate letter agreement, irrevocably appointed CT Corporation, as its authorized agent upon which process may be served in any suit or proceeding against it arising out of or relating to this Agreement or arising under the U.S. federal or state securities laws and arising out of, related to or based upon the transactions contemplated by this Agreement, and agrees that service of process upon such agent, and written notice of said service to it, by the person serving the same to the address provided above, shall be deemed in every respect effective service of process upon it in any such suit or proceeding. The Grantor agrees to take any and all action as may be necessary to maintain such designation and appointment of such agent in full force and effect until the final Maturity Date (or earlier, if the Subordinated Note Proceeds Intercompany Funding Loan is prepaid in full).

Service of Process in New York. The Grantor hereby acknowledges and agrees that it has, by separate letter agreement, irrevocably appointed CT Corporation, as its authorized agent upon which process may be served in any suit or proceeding against it arising out of or relating to this Agreement or arising under the U.S. federal or state securities laws and arising out of, related to or based upon the transactions contemplated by this Agreement, and agrees that service of process upon such agent, and written notice of said service to it, by the person serving the same to the address provided above, shall be deemed in every respect effective service of process upon it in any such suit or proceeding. The Grantor agrees to take any and all action as may be necessary to maintain such designation and appointment of such agent in full force and effect until the final Final Maturity Date (or earlier, if the Subordinated Note Intercompany Notes Proceeds Intercompany Funding Loan is prepaid in full).