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Form #1081

Forum Selection Clause

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Forum Selection Clause Form

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Forum selection clause. 

Jurisdiction; consent to service of process. (a) Each _________[description of party, e.g. borrower] hereby irrevocably and unconditionally submits, for itself and its property, to the nonexclusive jurisdiction of any _________[state] state court or federal court of the United States of America sitting in _________[city in above mentioned state] and any appellate court from any appeal thereof, in any action or proceeding arising out of or relating to this agreement or the transactions contemplated hereby, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such _________[state] state or, to the extent permitted by law, in such federal court. Each of the parties agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this agreement shall affect any right that any _________[description of third party, e.g. bank or its agent] may otherwise have to bring any action or proceeding relating to this agreement or the transactions contemplated hereby against any _________[type of party, e.g. borrower or party to this agreement] or _________[name of additional individual or entity] or its properties in the courts of any jurisdiction.

(b). Each _________[description of party, e.g. borrower] hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this agreement or the transactions contemplated hereby in any _________[state] state or federal court. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.

(c). Each party to this agreement irrevocably consents to service of process in the manner provided for notices in Section _________ of this agreement. Nothing in this agreement will affect the right of any party to this agreement to serve process in any other manner permitted by law.



 
Contributed by
Legal Concepts LTD
 
Name of Firm Legal Concepts LTD
Total Forms Contributed 63
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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