Common use of Rights of the Secured Parties Clause in Contracts

Rights of the Secured Parties. Nothing in this Section 10.09 shall limit the right of the Secured Parties to refer any claim against a Loan Party to any court of competent jurisdiction anywhere else outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.

Appears in 3 contracts

Sources: Credit Agreement (Fuelcell Energy Inc), Credit and Guaranty Agreement (Tellurian Inc. /De/), Credit Agreement (Fuelcell Energy Inc)

Rights of the Secured Parties. Nothing in this Section 10.09 9.09 shall limit the right of the Secured Parties to refer any claim against a Loan Party the Borrower to any court of competent jurisdiction anywhere else outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.

Appears in 3 contracts

Sources: Credit Agreement (Avangrid, Inc.), Credit Agreement (NRG Yield, Inc.), Credit Agreement (GenOn Energy, Inc.)

Rights of the Secured Parties. Nothing in this Section 10.09 5.10 shall limit the right of the Secured Parties to refer any claim against a Loan Party the Borrower to any court of competent jurisdiction anywhere else outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.

Appears in 2 contracts

Sources: Credit Agreement (Avangrid, Inc.), Term Loan Agreement

Rights of the Secured Parties. Nothing in this Section 10.09 9 shall limit the right of the Secured Parties to refer any claim against a Loan Party to any court of competent jurisdiction anywhere else outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.

Appears in 1 contract

Sources: Consent and Waiver (Fuelcell Energy Inc)

Rights of the Secured Parties. Nothing in this Section 10.09 shall limit the right of the Secured Parties to refer any claim against a Loan Party the Borrower to any court of competent jurisdiction anywhere else outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.

Appears in 1 contract

Sources: Credit Agreement (Avangrid, Inc.)