Common use of Marshalling and Accounts Clause in Contracts

Marshalling and Accounts. (a) None of the holders of the Notes shall be under any obligation (i) to marshal any assets in favor of Holdings or the EUR Issuer or the Obligor Affiliates or in payment of any or all of the liabilities of the EUR Issuer under or in respect of the Notes and this Agreement or the obligation of Holdings, the EUR Issuer or the Obligor Affiliates under this Section 24 or (ii) to pursue any other remedy that Holdings, the EUR Issuer or the Obligor Affiliates may or may not be able to pursue itself and that may lessen Holdings’s, the EUR Issuer’s or the Obligor Affiliates’ burden or any right to which Holdings, the EUR Issuer and each Obligor Affiliate hereby expressly waives. Lineage Logistics Note Purchase Agreement

Appears in 2 contracts

Samples: Note Purchase Agreement (Lineage, Inc.), Note Purchase Agreement (Lineage, Inc.)

AutoNDA by SimpleDocs

Marshalling and Accounts. (a) None of the holders of the Notes shall be under any obligation (i) to marshal any assets in favor of Holdings or the EUR Issuer Issuers or the Obligor Affiliates or in payment of any or all of the liabilities of the EUR any Issuer under or in respect of the Notes and this Agreement or the obligation of Holdings, the EUR Issuer Issuers or the Obligor Affiliates under this Section 24 or (ii) to pursue any other remedy that Holdings, the EUR Issuer Issuers or the Obligor Affiliates may or may not be able to pursue itself and that may lessen Holdings’s, the EUR Issuer’s Issuers’ or the Obligor Affiliates’ burden or any right to which Holdings, the EUR each Issuer and each Obligor Affiliate hereby expressly waives. Lineage Logistics Note Purchase Agreement.

Appears in 2 contracts

Samples: Note Purchase Agreement (Lineage, Inc.), Note Purchase Agreement (Lineage, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.