Marshalling of Assets. Nothing in this Agreement will be deemed to require either the Receivables Agent or any Lenders Agent (i) to proceed against certain property securing any Lenders Claim (or any other obligation or liability under the Credit Agreements or any other Loan Documents) or the Receivables Claim (or any other obligation or liability under the Receivables Documents), as applicable, prior to proceeding against other property securing such Claim or obligations or liabilities or against certain persons guaranteeing any such obligations or (ii) to marshal the Lenders Collateral (or any other collateral) or the Receivables Assets (as applicable) upon the enforcement of any Lenders Agent’s or the Receivables Agent’s remedies under the applicable Loan Documents or Receivables Documents, as applicable.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Wesco International Inc), Credit Agreement (Wesco International Inc)
Marshalling of Assets. Nothing in this Agreement will be deemed to require either the Receivables Agent or any the Lenders Agent (i) to proceed against certain property securing any the Lenders Claim (or any other obligation or liability under the Credit Agreements Agreement or any other Loan Documents) or the Receivables Claim (or any other obligation or liability under the Receivables Documents), as applicable, prior to proceeding against other property securing such Claim or obligations or liabilities or against certain persons guaranteeing any such obligations or (ii) to marshal the Lenders Collateral (or any other collateral) or the Receivables Assets (as applicable) upon the enforcement of any the Lenders Agent’s or the Receivables Agent’s remedies under the applicable Loan Documents or Receivables Documents, as applicable.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Wesco International Inc), Credit Agreement (Wesco International Inc)
Marshalling of Assets. Nothing in this Agreement will be deemed to require either the Receivables Purchaser Agent or any Lenders the Lender Agent (i) to proceed against certain property securing any Lenders the Lender Claim (or any other obligation or liability under the Credit Agreements Agreement or any other Loan DocumentsDocument) or the Receivables Claim (or any other obligation or liability under the any other Receivables DocumentsDocument), as applicable, prior to proceeding against other property securing such Claim or obligations or liabilities or against certain persons guaranteeing any such obligations or (ii) to marshal the Lenders Lender Collateral (or any other collateral) or the Receivables Assets (as applicable) upon the enforcement of any Lenders the Lender Agent’s 's or the Receivables Purchaser Agent’s 's remedies under the applicable Loan Documents or Receivables Documents, as applicable.
Appears in 1 contract
Marshalling of Assets. Nothing in this Agreement will be deemed to require either the Receivables Collateral Agent or any Lenders the Banks' Agent (i) to proceed against certain property securing any Lenders the Bank Claim (or any other obligation or liability under the Credit Agreements Agreement or any other Loan Documents) or the Receivables Claim (or any other obligation or liability under the Receivables Documents), as applicable, prior to proceeding against other property securing such Claim or obligations or liabilities or against certain persons guaranteeing any such obligations or (ii) to marshal xxxxxxxx the Lenders Bank Collateral (or any other collateral) or the Receivables Program Assets (as applicable) upon the enforcement of any Lenders the Banks' Agent’s 's or the Receivables Collateral Agent’s 's remedies under the applicable Loan Documents or Receivables Documents, as applicable.
Appears in 1 contract
Marshalling of Assets. Nothing in this Agreement will be deemed to require either the Receivables Collateral Agent or any Lenders the Lender Agent (i) to proceed against certain property securing any Lenders the Lender Claim (or any other obligation or liability under the Credit Agreements Agreement or any other Loan Documents) or the Receivables Claim (or any other obligation or liability under the Receivables Documents), as applicable, prior to proceeding against other property securing such Claim or obligations or liabilities or against certain persons guaranteeing any such obligations or (ii) to marshal the Lenders Lender Collateral (or any other collateral) or the Receivables Assets (as applicable) upon the enforcement of any Lenders the Lender Agent’s 's or the Receivables Collateral Agent’s 's remedies under the applicable Loan Documents or Receivables Documents, as applicable.
Appears in 1 contract
Marshalling of Assets. Nothing in this Agreement will be deemed to require either the Receivables Collateral Agent or any Lenders the Lender Agent (i) to proceed against certain property securing any Lenders the Lender Claim (or any other obligation or liability under the Credit Agreements Agreement or any other Loan Documents) or the Receivables Claim (or any other obligation or liability under the Receivables Documents), as applicable, prior to proceeding against other property securing such Claim or obligations or liabilities or against certain persons guaranteeing any such obligations or (ii) to marshal the Lenders Lender Collateral (or any other collateral) or the Receivables Assets (as applicable) upon the enforcement of any Lenders the Lender Agent’s or the Receivables Collateral Agent’s remedies under the applicable Loan Documents or Receivables Documents, as applicable.
Appears in 1 contract
Marshalling of Assets. Nothing in this Agreement will be deemed --------------------- to require either the Receivables Collateral Agent or any Lenders the Lender Agent (i) to proceed against certain property securing any Lenders the Lender Claim (or any other obligation or liability under the Credit Agreements Agreement or any other Loan Documents) or the Receivables Claim (or any other obligation or liability under the Receivables Documents), as applicable, prior to proceeding against other property securing such Claim or obligations or liabilities or against certain persons guaranteeing any such obligations or (ii) to marshal the Lenders Lender Collateral (or any other collateral) or the Receivables Assets (as applicable) upon the enforcement of any Lenders the Lender Agent’s 's or the Receivables Collateral Agent’s 's remedies under the applicable Loan Documents or Receivables Documents, as applicable.
Appears in 1 contract