Common use of Marshaling Clause in Contracts

Marshaling. Neither any Noteholder nor any Person acting for the benefit of any Noteholder shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Guarantied Obligations.

Appears in 7 contracts

Samples: Note Purchase Agreement (Seitel Inc), Guaranty (U S Aggregates Inc), Guaranty Agreement (Spectran Corp)

AutoNDA by SimpleDocs

Marshaling. Neither any Noteholder nor any Person acting for the benefit of any Noteholder shall be under any obligation to marshal any assets in favor of any Guarantor of the Guarantors or against or in payment of any or all of the Guarantied Obligations.

Appears in 6 contracts

Samples: Joint and Several Guaranty (Smithfield Foods Inc), Smithfield Foods Inc, Smithfield Foods Inc

Marshaling. Neither any Noteholder nor any Person acting for the benefit of any Noteholder shall be under any obligation to marshal any assets in favor of any the Guarantor or against or in payment of any or all of the Guarantied Guaranteed Obligations.

Appears in 1 contract

Samples: Rite Aid Corporation (Rite Aid Corp)

Marshaling. Neither any Noteholder nor any Person acting for the benefit of any Noteholder shall be under any obligation to marshal any assets in favor of any the Guarantor or against or in payment of any or all of the Guarantied Obligations.

Appears in 1 contract

Samples: Smithfield Foods Inc

AutoNDA by SimpleDocs

Marshaling. Neither any Noteholder nor any Person acting for the benefit of any Noteholder shall be under any obligation to marshal any assets in favor of any Guarantor the Guarantors or against or in payment of any or all of the Guarantied Obligations.

Appears in 1 contract

Samples: C Quential Inc

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!