Common use of No Duty To Marshal Assets Clause in Contracts

No Duty To Marshal Assets. The Agent shall have no obligation to marshal any assets in favor of any Grantor or any other Person or against or in payment of any or all of the Secured Obligations.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Security Devices International Inc.), Securities Purchase Agreement, Security Agreement (New Enterprise Stone & Lime Co., Inc.)

AutoNDA by SimpleDocs

No Duty To Marshal Assets. The Agent shall have no obligation to marshal any assets in favor of any Grantor the Pledgors or any other Person or against or in payment of any or all of the Secured Obligations.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Security Devices International Inc.), Pledge Agreement (Nestor Inc), Securities Purchase Agreement (Nestor Inc)

No Duty To Marshal Assets. The Collateral Agent shall have no obligation to marshal any assets in favor of any Grantor or any other Person or against or in payment of any or all of the Secured Obligations.

Appears in 2 contracts

Samples: Security Agreement (New Enterprise Stone & Lime Co., Inc.), Credit Agreement (Genesis Health Ventures Inc /Pa)

No Duty To Marshal Assets. The Agent shall have no obligation to marshal any assets in favor of any Grantor the Pledgor or any other Person or against or in payment of any or all of the Senior Secured Obligations.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Lenfest Communications Inc), Credit Agreement (Susquehanna Media Co)

No Duty To Marshal Assets. The Agent shall have no obligation to marshal any assets in favor of any Grantor the Pledgor or the Borrower or any other Person or against or in payment of any or all of the Senior Secured Obligations.

Appears in 1 contract

Samples: Credit Agreement (Susquehanna Media Co)

No Duty To Marshal Assets. The Agent shall have no obligation to marshal any assets in favor of any Grantor Pledgor or any other Person or against or in payment of any or all of the Senior Secured Obligations.

Appears in 1 contract

Samples: Credit Agreement (Susquehanna Media Co)

AutoNDA by SimpleDocs

No Duty To Marshal Assets. The Agent shall have no obligation to marshal any assets in favor of any Grantor or any other Person or against or in payment of any or all of the Secured Obligations or CTL Guaranteed Obligations.

Appears in 1 contract

Samples: Security Agreement (Vishay Precision Group, Inc.)

No Duty To Marshal Assets. The Agent shall have no obligation to marshal any assets in favor of any Grantor Debtor or any other Person or against or in payment of any or all of the Senior Secured Obligations.

Appears in 1 contract

Samples: Credit Agreement (Susquehanna Media Co)

No Duty To Marshal Assets. The Agent shall have no obligation to marshal any assets in favor of any Grantor a Pledgor or any other Person or against or in payment of any or all of the Senior Secured Obligations.

Appears in 1 contract

Samples: Credit Agreement (Susquehanna Media Co)

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