Common use of Submission to Jurisdiction; Appointment of Agent for Service Clause in Contracts

Submission to Jurisdiction; Appointment of Agent for Service. Any legal action or proceeding in connection with this Agreement or the performance hereof may be brought in the state and federal courts located in the Borough of Manhattan, City, County and State of New York, and the parties hereby irrevocably submit to the non-exclusive jurisdiction of such courts for the purpose of any such action or proceeding. The Company hereby appoints CT Corporation System of ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ and any successor thereto as its authorized agent to accept service of process in any such action or proceeding and agrees that the failure of said firm to give the Company any notice of any such service shall not impair or affect the validity of such service or of any judgement rendered in any action or proceeding based thereon. In addition to other methods of service allowed by applicable law, the Company expressly consents that service of process in any action or proceeding hereunder may be made by certified mail return receipt requested. Such service shall become effective 30 days after mailing.

Appears in 2 contracts

Sources: Note Purchase Agreement (Youbet Com Inc), Note Purchase Agreement (Youbet Com Inc)

Submission to Jurisdiction; Appointment of Agent for Service. Any legal action or proceeding in connection with this Agreement Note or the performance hereof may be brought in the state and federal courts located in the Borough of Manhattan, City, County and State of New York, and the parties hereby irrevocably submit to the non-exclusive jurisdiction of such courts for the purpose of any such action or proceeding. The Company Maker hereby appoints CT Corporation System of ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ and any successor thereto as its authorized agent to accept service of process in any such action or proceeding and agrees that the failure of said firm to give the Company Maker any notice of any such service shall not impair or affect the validity of such service or of any judgement judgment rendered in any such action or proceeding based thereon. In addition to other methods of service allowed by applicable law, the Company Maker expressly consents that service of process in any action or proceeding hereunder may be made by certified mail mail, return receipt requested. Such service shall become effective 30 days after mailing.

Appears in 1 contract

Sources: Note Purchase Agreement (Youbet Com Inc)