Submission to Jurisdiction Clause Example from Business Contracts

Submission to Jurisdiction. The Partnership Parties hereby submit to the exclusive jurisdiction of the U.S. federal and New York state courts in the Borough of Manhattan in The City of New York in any suit or proceeding arising out of or relating to this Agreement or the transactions contemplated hereby. The Partnership Parties waive any objection which any of them may now or hereafter have to the laying of venue of any such suit or proceeding in such courts. The Partnership Parties agree that final judgment in any such su...it, action or proceeding brought in such court shall be conclusive and binding upon the Partnership Parties party thereto and may be enforced in any court to the jurisdiction of which such Partnership Parties are subject by a suit upon such judgment. View More