Common use of SERVICE OF PROCESS AND ENFORCEMENT OF CIVIL LIABILITIES Clause in Contracts

SERVICE OF PROCESS AND ENFORCEMENT OF CIVIL LIABILITIES. Each Issuer is a company incorporated in England. All of the directors of each Issuer reside outside the United States and all or a substantial portion of the assets of each Issuer are located outside the United States. As a result, it may not be possible for investors to effect service of process outside England upon either Issuer, or to enforce judgments against it obtained in the United States predicated upon civil liabilities of either Issuer or such directors under laws other than English, including any judgment predicated upon United States federal securities laws. The Issuers have been advised by Xxxxxxxxx and May, their English solicitors, that there is doubt as to the enforceability in England in original actions or in actions for enforcement of judgments of United States courts of civil liabilities predicated solely upon the federal securities laws of the United States.