Common use of Alternative jurisdictions Clause in Contracts

Alternative jurisdictions. Nothing contained in this Clause 22 shall limit the right of the Lender to commence any proceedings against the Borrower in any other court of competent jurisdiction nor shall the commencement of any proceedings against the Borrower in one or more jurisdictions preclude the commencement of any proceedings in any other jurisdiction, whether concurrently or not.

Appears in 8 contracts

Samples: Credit Facility Agreement (Safe Bulkers, Inc.), Agreement (Safe Bulkers, Inc.), Loan Agreement (Paragon Shipping Inc.)

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Alternative jurisdictions. Nothing contained in this Clause clause 22 shall limit the right of the Lender Facility Beneficiaries to commence any proceedings against the Borrower in any other court of competent jurisdiction nor shall the commencement of any proceedings against the Borrower in one or more jurisdictions preclude the commencement of any proceedings in any other jurisdiction, whether concurrently or not.

Appears in 7 contracts

Samples: Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement, Loan Agreement (Teekay Offshore Partners L.P.)

Alternative jurisdictions. Nothing contained in this Clause 22 shall limit the right of the Lender to commence any proceedings Proceedings against the Borrower in any other court of competent jurisdiction nor shall the commencement of any proceedings Proceedings against the Borrower in one or more jurisdictions preclude the commencement of any proceedings Proceedings in any other jurisdiction, whether concurrently or not.

Appears in 1 contract

Samples: Loan Agreement (DHT Holdings, Inc.)

Alternative jurisdictions. Nothing contained in this Clause 22 21 shall limit the right of the Lender to commence any proceedings against the Borrower in any other court of competent jurisdiction nor shall the commencement of any proceedings against the Borrower in one or more jurisdictions preclude the commencement of any proceedings in any other jurisdiction, whether concurrently or not.

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

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Alternative jurisdictions. Nothing contained in this Clause 22 shall limit the right of the Lender to commence any proceedings against the Borrower Borrowers in any other court of competent jurisdiction nor shall the commencement of any proceedings against the Borrower Borrowers in one or more jurisdictions preclude the commencement of any proceedings in any other jurisdiction, whether concurrently or not.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

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