Extract to table

The term sheet specifies that the governing law of the credit agreement and related loan documents shall be the law of the State of New York and that disputes shall be subject to exclusive jurisdiction in the federal and state courts located in the Borough of Manhattan, New York, New York

may agree that the law of this state shall govern their rights and duties in whole or in part, whether or not such contract, agreement or undertaking bears a reasonable relationship to this state

§ 2708 provides that parties to any contract or agreement relating to a transaction involving not less than $100,000 may agree that the laws of a particular state shall govern the contract, regardless of whether the contract bears a reasonable relationship to that state

Proposed Forum Selection Clause The term sheet received from Brindoval on March 21, 2026 specifies that the credit agreement and related loan documents shall provide for exclusive jurisdiction in the federal and state courts located in the Borough of Manhattan, New York, New York

The provision should clearly state that each party has reviewed the waiver with its own counsel and voluntarily agrees to waive the right to a jury trial