Common use of Cross-Default; Cross-Collateralization; Waiver of Marshalling of Assets Clause in Contracts

Cross-Default; Cross-Collateralization; Waiver of Marshalling of Assets. (a) Borrower acknowledges that Lender has made the Loan to Borrower upon the security of its collective interest in the Collateral and in reliance upon the aggregate of the Collateral taken together being of greater value as collateral security than the sum of the individual portions of the Collateral taken separately.

Cross-Default; Cross-Collateralization; Waiver of Marshalling of Assets. (a) Borrower acknowledges that Lender has made the Loan to Borrower upon the security of its collective interest in the Collateral Properties and in reliance upon the aggregate of the Collateral Properties taken together being of greater value as collateral security than the sum of the individual portions of the Collateral each Individual Property taken separately.

Cross-Default; Cross-Collateralization; Waiver of Marshalling of Assets. (a) Each of Borrower and Equity Owner acknowledges that Lender has made the Loan to Borrower upon the security of its collective interest in the Collateral and in reliance upon the aggregate of the Collateral taken together being of greater value as collateral security than the sum of the individual portions of the Collateral related to each Individual Property taken separately.

Cross-Default; Cross-Collateralization; Waiver of Marshalling of Assets. (a) Each Individual Borrower acknowledges that Lender has made the Loan to Borrower upon the security of its collective interest in the Collateral Properties and in reliance upon the aggregate of the Collateral Properties taken together being of greater value as collateral security than the sum of the individual portions of the Collateral each Individual Property taken separately.