No Marshaling. Borrower, on its own behalf and on behalf of its successors and assigns hereby expressly waives all rights, if any, to require a marshaling of assets by BACC or to require that BACC first resort to some portion(s) of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.
Appears in 10 contracts
Sources: Loan and Security Agreement (Teamstaff Inc), Loan and Security Agreement (Drinks Americas Holdings, LTD), Loan and Security Agreement (Reeds Inc)
No Marshaling. Borrower, on its own behalf and on behalf of its successors and assigns assigns, hereby expressly waives all rights, if any, to require a marshaling of assets by BACC Lender or to require that BACC Lender first resort to some portion(s) of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.
Appears in 3 contracts
Sources: Loan and Security Agreement (Optical Cable Corp), Loan and Security Agreement (AMERI Holdings, Inc.), Loan and Security Agreement (Ag&e Holdings Inc.)
No Marshaling. Borrower, on its own behalf and on behalf of its successors and assigns hereby expressly waives all rights, if any, to require a marshaling of assets by BACC Lender or to require that BACC Lender first resort to some portion(s) of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.
Appears in 2 contracts
Sources: Loan and Security Agreement (Polar Power, Inc.), Loan and Security Agreement (Corporate Resource Services, Inc.)
No Marshaling. The Borrower, on its own behalf and on behalf of its successors and assigns assigns, hereby expressly waives all rights, if any, to require a marshaling of assets by BACC the Bank or to require that BACC the Bank's first resort to some portion(s) or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.
Appears in 2 contracts
Sources: General Security Agreement (Amcast Industrial Corp), Credit Agreement (Obsidian Enterprises Inc)
No Marshaling. The Borrower, on its own behalf and on behalf of its successors and assigns assigns, hereby expressly waives all rights, if any, to require a marshaling of assets by BACC the Bank or to require that BACC the Bank’s first resort to some portion(s) or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.
Appears in 2 contracts
Sources: General Security Agreement (Bioanalytical Systems Inc), General Security Agreement (Bioanalytical Systems Inc)