Common use of Right of Lender Clause in Contracts

Right of Lender. but not Borrower, to bring proceedings in any other jurisdiction 19.4.1 Nothing in this clause 19 limits the right of any Lender to bring Proceedings, including third party proceedings, against any one or more Borrower, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 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 5 contracts

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

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Right of Lender. but not Borrower, to bring proceedings in any other jurisdiction 19.4.1 Nothing in this clause 19 limits the right of any Lender to bring Proceedings, including third party proceedings, against any one or more the Borrower, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 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 (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)

Right of Lender. but not BorrowerBorrowers, to bring proceedings in any other jurisdiction 19.4.1 20.4.1 Nothing in this clause 19 20 limits the right of any Lender to bring Proceedings, including third party proceedings, against any either one or more Borrowerboth Borrowers, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 19.4.2 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 Holdings Inc.)

Right of Lender. but not Borrower, to bring proceedings in any other jurisdiction 19.4.1 18.4.1 Nothing in this clause 19 18 limits the right of any the Lender to bring Proceedings, including third party proceedings, against any one or more the Borrower, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 19.4.2 18.4.2 the obtaining by any the Lender of judgment in one jurisdiction shall not prevent such the 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 (Euroseas Ltd.)

Right of Lender. but not BorrowerBorrowers, to bring proceedings in any other jurisdiction 19.4.1 20.4.1 Nothing in this clause 19 20 limits the right of any Lender to bring Proceedings, including third party proceedings, against any one or more Borrowerall Borrowers, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 19.4.2 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 Holdings Inc.)

Right of Lender. but not Borrower, to bring proceedings in any other jurisdiction 19.4.1 17.4.1 Nothing in this clause 19 17 limits the right of any the Lender to bring Proceedings, including third party proceedings, against any one or more the Borrower, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 19.4.2 17.4.2 the obtaining by any the Lender of judgment in one jurisdiction shall not prevent such the 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: Loan Agreement (EuroDry Ltd.)

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Right of Lender. but not Borrower, to bring proceedings in any other jurisdiction 19.4.1 18.4.1 Nothing in this clause 19 18 limits the right of any the Lender to bring Proceedings, including third party proceedings, against any one or more the Borrower, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 19.4.2 18.4.2 the obtaining by any the Lender of judgment in one jurisdiction shall not prevent such Lender 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 (StealthGas Inc.)

Right of Lender. but not Borrowerthe Borrowers, to bring proceedings in any other jurisdiction 19.4.1 18.4.1 Nothing in this clause 19 18 limits the right of any the Lender to bring Proceedings, including third party proceedings, against the Borrowers or any one or more Borrowerof them, or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 19.4.2 18.4.2 the obtaining by any the Lender of judgment in one jurisdiction shall not prevent such the 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 (EuroDry Ltd.)

Right of Lender. but not BorrowerBorrowers, to bring proceedings in any other jurisdiction 19.4.1 21.4.1 Nothing in this clause 19 Clause 21 (Jurisdiction) limits the right of any the Lender to bring Proceedings, including third party proceedings, against any one or more Borrower, the Borrowers or to apply for interim remedies, in connection with this Agreement in any other court and/or concurrently in more than one jurisdiction; 19.4.2 21.4.2 the obtaining by any the Lender of judgment in one jurisdiction shall not prevent such the 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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