Common use of Alternative jurisdictions Clause in Contracts

Alternative jurisdictions. Nothing contained in this Clause 22 shall limit the right of the Finance Parties 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 11 contracts

Samples: Loan Agreement, Loan Agreement (DHT Holdings, Inc.), Third Supplemental Agreement (Genco Shipping & Trading LTD)

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Alternative jurisdictions. Nothing contained in this Clause 22 23 shall limit the right of the Finance Parties 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 11 contracts

Samples: Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)

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

Appears in 5 contracts

Samples: www.lw.com, Agreement (Teekay LNG Partners L.P.), Agreement (Teekay LNG Partners L.P.)

Alternative jurisdictions. Nothing contained in this Clause 22 23 shall limit the right of the Finance Parties 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 4 contracts

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

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Alternative jurisdictions. Nothing contained in this Clause 22 shall limit the right of the Finance Parties 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.. \P1\3549672.7

Appears in 1 contract

Samples: Loan Agreement (Teekay Shipping Corp)

Alternative jurisdictions. Nothing contained in this Clause 22 shall limit the right of the Finance Parties 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: Management Agreement (Diana Shipping Inc.)

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