Common use of Right of Agent Clause in Contracts

Right of Agent. but not Borrowers, to bring proceedings in any other jurisdiction 20.4.1 Nothing in this clause 20 limits the right of any Lender to bring Proceedings, including third party proceedings, against any one or all Borrowers, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 20.4.2 the obtaining by any Lender of judgment in one jurisdiction shall not prevent such Lender from bringing or continuing proceedings in any other jurisdiction, whether or not these shall be founded on the same cause of action.

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Acquisition CORP)

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Right of Agent. but not BorrowersBorrower, to bring proceedings in any other jurisdiction 20.4.1 19.4.1 Nothing in this clause 20 19 limits the right of any Lender to bring Proceedings, including third party proceedings, against any one or all Borrowersthe Borrower, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 20.4.2 19.4.2 the obtaining by any Lender of judgment in one jurisdiction shall not prevent such Lender from bringing or continuing proceedings in any other jurisdiction, whether or not these shall be founded on the same cause of action.

Appears in 2 contracts

Samples: Facility Agreement (EuroDry Ltd.), Facility Agreement (Euroseas Ltd.)

Right of Agent. but not Borrowers, to bring proceedings in any other jurisdiction 20.4.1 Nothing in this clause 20 limits the right of any Lender to bring Proceedings, including third party proceedings, against any one or all both Borrowers, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 20.4.2 the obtaining by any Lender of judgment in one jurisdiction shall not prevent such Lender from bringing or continuing proceedings in any other jurisdiction, whether or not these shall be founded on the same cause of action.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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Right of Agent. but not BorrowersBorrower, to bring proceedings in any other jurisdiction 20.4.1 Nothing in this clause 20 limits the right of any Lender to bring Proceedings, including third party proceedings, against any one or all Borrowersthe Borrower, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 20.4.2 the obtaining by any Lender of judgment in one jurisdiction shall not prevent such Lender from bringing or continuing proceedings in any other jurisdiction, whether or not these shall be founded on the same cause of action.

Appears in 1 contract

Samples: Facility Agreement for a Term Loan Facility (Navios Maritime Acquisition CORP)

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