Right of Banks. but not Borrowers, to bring proceedings in any other jurisdiction 20.4.1 Nothing in this clause 20 limits the right of any Bank to bring Proceedings, including third party proceedings, against any one or 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 Bank of judgment in one jurisdiction shall not prevent such Bank 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 Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)
Right of Banks. but not Borrowers, to bring proceedings in any other jurisdiction
20.4.1 Nothing in this clause 20 limits the right of any Bank to bring Proceedings, including third party proceedings, against any one or both 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 Bank of judgment in one jurisdiction shall not prevent such Bank 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 Acquisition CORP)
Right of Banks. but not BorrowersBorrower, to bring proceedings in any other jurisdiction
20.4.1 18.4.1 Nothing in this clause 20 18 limits the right of the Banks or any Bank of them to bring Proceedings, including third party proceedings, against any one or both 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 18.4.2 the obtaining by any Bank the Lender of judgment in one jurisdiction shall not prevent such Bank it 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 (Box Ships Inc.)
Right of Banks. but not BorrowersBorrower, to bring proceedings in any other jurisdiction
20.4.1 Nothing in this clause 20 limits the right of any Bank to bring Proceedings, including third party proceedings, against any one or both 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 Bank of judgment in one jurisdiction shall not prevent such Bank 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
