Common use of No Limitation on Right of Action Clause in Contracts

No Limitation on Right of Action. Nothing herein shall limit the right of the Junior Lender to commence any legal action against the Borrower and/or its property in any other jurisdiction or to serve process in any manner permitted by law, and the taking of proceedings in any jurisdiction shall not preclude the taking of proceedings in any other jurisdiction whether concurrently or not.

Appears in 3 contracts

Samples: Subordinated Project Contracts Assignment (Aes China Generating Co LTD), Subordinated Insurance Assignment (Aes China Generating Co LTD), Subordinated Borrower Charge Over Accounts (Aes China Generating Co LTD)

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No Limitation on Right of Action. Nothing herein shall limit the right of the Junior Lender to commence any legal action against the Borrower and/or its property in any other jurisdiction or to serve process in any manner permitted by law, and the taking of proceedings in any jurisdiction shall not preclude the taking of proceedings in any other jurisdiction whether concurrently or not.

Appears in 3 contracts

Samples: Loan Agreement (Q&K INTERNATIONAL GROUP LTD), Facility Agreement (Focus Media Holding LTD), Loan Agreement (Fritz Companies Inc)

No Limitation on Right of Action. Nothing herein shall limit the right of the Junior Lender to commence any legal action against the Borrower Borrowers and/or its their respective property in any other jurisdiction or to serve process in any manner permitted by law, and the taking of proceedings in any jurisdiction shall not preclude the taking of proceedings in any other jurisdiction whether concurrently or not.

Appears in 1 contract

Samples: Loan Agreement (Mindray Medical International LTD)

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No Limitation on Right of Action. Nothing herein shall limit the right of the Junior Lender to commence any legal action against the Borrower and/or its property in any other jurisdiction or to serve process in any manner permitted by law, and the taking of proceedings in any jurisdiction shall not preclude the taking of proceedings in any other jurisdiction whether concurrently or not.

Appears in 1 contract

Samples: Loan Agreement (Amkor Technology Inc)

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