Common use of RECOURSE AGAINST THIRD PARTIES Clause in Contracts

RECOURSE AGAINST THIRD PARTIES. (A) Any decisions as to whether the 1992 Fund is to take recourse action against any third parties, and as to the conduct of any such action, including any out-of-court settlement, are in the absolute discretion of the 1992 Fund.

Appears in 22 contracts

Samples: www.westpandi.com, Oil Pollution Indemnification Agreement, Oil Pollution Indemnification Agreement

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RECOURSE AGAINST THIRD PARTIES. (A) A. Any decisions as to whether the 1992 Fund is to take recourse action against any third parties, and as to the conduct of any such action, including any out-of-court settlement, are in the absolute discretion of the 1992 Fund.

Appears in 1 contract

Samples: www.shipownersclub.com

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