Common use of Choice of forum for the exclusive benefit of the Creditor Parties Clause in Contracts

Choice of forum for the exclusive benefit of the Creditor Parties. Clause 31.2 is for the exclusive benefit of the Creditor Parties, each of which reserves the right: (a) to commence proceedings in relation to any Dispute in the courts of any country other than England and which have or claim jurisdiction to that Dispute; and (b) to commence such proceedings in the courts of any such country or countries concurrently with or in addition to proceedings in England or without commencing proceedings in England. No Borrower shall commence any proceedings in any country other than England in relation to a Dispute.

Appears in 4 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Partners L.P.)

AutoNDA by SimpleDocs

Choice of forum for the exclusive benefit of the Creditor Parties. Clause 31.2 30.2 is for the exclusive benefit of the Creditor Parties, each of which reserves the right: (a) to commence proceedings in relation to any Dispute in the courts of any country other than England and which have or claim jurisdiction to that Dispute; and (b) to commence such proceedings in the courts of any such country or countries concurrently with or in addition to proceedings in England or without commencing proceedings in England. No The Borrower shall not commence any proceedings in any country other than England in relation to a Dispute.

Appears in 4 contracts

Samples: Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Holdings Inc.)

Choice of forum for the exclusive benefit of the Creditor Parties. Clause 31.2 30.2 is for the exclusive benefit of the Creditor Parties, each of which reserves the right: (a) to commence proceedings in relation to any Dispute matter which arises out of or in connection with this Agreement in the courts of any country other than England and which have or claim jurisdiction to that Disputematter; and (b) to commence such proceedings in the courts of any such country or countries concurrently with or in addition to proceedings in England or without commencing proceedings in England. No Borrower shall commence any proceedings in any country other than England in relation to a Dispute.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Choice of forum for the exclusive benefit of the Creditor Parties. Clause 31.2 is for the exclusive benefit of the Creditor Parties, each of which reserves the right: (a) to commence proceedings in relation to any Dispute in the courts of any country other than England and which have or claim jurisdiction to that Dispute; and (b) to commence such proceedings in the courts of any such country or countries concurrently with or in addition to proceedings in England or without commencing proceedings in England. No Neither Borrower shall commence any proceedings in any country other than England in relation to a Dispute.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Containers Inc.)

Choice of forum for the exclusive benefit of the Creditor Parties. Clause 31.2 29.2 is for the exclusive benefit of the Creditor Parties, each of Lender which reserves the right: (a) to commence proceedings in relation to any Dispute in the courts of any country other than England and which have or claim jurisdiction to that Dispute; and (b) to commence such proceedings in the courts of any such country or countries concurrently with or in addition to proceedings in England or without commencing proceedings in England. No The Borrower shall not commence any proceedings in any country other than England in relation to a Dispute.

Appears in 1 contract

Samples: Amending and Restating Agreement (Star Bulk Carriers Corp.)

Choice of forum for the exclusive benefit of the Creditor Parties. Clause 31.2 10.2 is for the exclusive benefit of the Creditor Parties, each of which reserves the right: (a) to commence proceedings in relation to any Dispute in the courts of any country other than England and which have or claim jurisdiction to that Dispute; and (b) to commence such proceedings in the courts of any such country or countries concurrently with or in addition to proceedings in England or without commencing proceedings in England. No Neither Borrower nor the Guarantor shall commence any proceedings in any country other than England in relation to a Dispute.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Top Ships Inc.)

AutoNDA by SimpleDocs

Choice of forum for the exclusive benefit of the Creditor Parties. Clause 31.2 32.2 is for the exclusive benefit of the Creditor Parties, each of which reserves the right: (a) to commence proceedings in relation to any Dispute in the courts of any country other than England and which have or claim jurisdiction to that Dispute; and (b) to commence such proceedings in the courts of any such country or countries concurrently with or in addition to proceedings in England or without commencing proceedings in England. No Borrower shall commence any proceedings in any country other than England in relation to a Dispute.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Choice of forum for the exclusive benefit of the Creditor Parties. Clause 31.2 33.2 is for the exclusive benefit of the Creditor Parties, each of which reserves the right: (a) to commence proceedings in relation to any Dispute in the courts of any country other than England and which have or claim jurisdiction to that Dispute; and (b) to commence such proceedings in the courts of any such country or countries concurrently with or in addition to proceedings in England or without commencing proceedings in England. No Borrower None of the Borrowers shall commence any proceedings in any country other than England in relation to a Dispute.

Appears in 1 contract

Samples: Second Amending and Restating Deed (Global Ship Lease, Inc.)

Choice of forum for the exclusive benefit of the Creditor Parties. Clause 31.2 30.2 is for the exclusive benefit of the Creditor Parties, each of which reserves the right: (a) to commence proceedings in relation to any Dispute in the courts of any country other than England and which have or claim jurisdiction to that Dispute; and (b) to commence such proceedings in the courts of any such country or countries concurrently with or in addition to proceedings in England or without commencing proceedings in England. No The Borrower shall not commence any proceedings in any country other than England in relation to a Dispute.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!