Common use of Clause 18 Clause in Contracts

Clause 18. 7.2 is for the benefit of the Bond Trustee only. As a result, the Bond Trustee shall not be prevented from taking proceedings relating to a dispute in any other courts with jurisdiction. To the extent allowed by law, the Bond Trustee may take concurrent proceedings in any number of jurisdictions.

Appears in 6 contracts

Samples: Bond Agreement (Hoegh LNG Holdings Ltd.), Bond Agreement (Ship Finance International LTD), Bond Agreement (Navigator Holdings Ltd.)

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