Common use of In Addition to Other Rights Clause in Contracts

In Addition to Other Rights. No Marshalling This Agreement is in addition to and is not in any way prejudiced by or merged with any other guarantee, indemnity or security now or subsequently held by the Lender in respect of any Obligations. The Lender shall be under no obligation to marshal in favour of the Obligor any other guarantees or other securities or any money or other property that the Lender may be entitled to receive or may have a claim upon.

Appears in 3 contracts

Samples: Guarantee and Indemnity (Yappn Corp.), Guarantee and Indemnity (Yappn Corp.), Secured Promissory Note (Enerkem Inc.)

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In Addition to Other Rights. No Marshalling This Agreement is in addition to and is not in any way prejudiced by or merged with any other guarantee, indemnity or security Lien now or subsequently held by the Lender in respect of any Obligations. The Lender shall be under no obligation to marshal in favour of the Obligor Borrower any other guarantees or other securities Lien or any money or other property that the Lender may be entitled to receive or may have a claim upon.

Appears in 1 contract

Samples: Share Purchase Agreement

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