Common use of Alternative jurisdictions Clause in Contracts

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

Appears in 2 contracts

Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (Mc Shipping Inc)

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

Appears in 1 contract

Samples: Agreement (Usg Corp)

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Alternative jurisdictions. Nothing contained in this Clause shall limit the right of the Banks or the Agent to commence any Proceedings against any of the Borrowers in any other court of competent jurisdiction nor shall the commencement of any Proceedings against any of the 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 (Euroseas Ltd.)

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