Common use of No Marshaling Clause in Contracts

No Marshaling. The 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 the Bank or to require the Bank's first resort to some or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 2 contracts

Samples: Credit Agreement (Obsidian Enterprises Inc), General Security Agreement (Amcast Industrial Corp)

AutoNDA by SimpleDocs

No Marshaling. The 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 the Bank or to require the Bank's ’s first resort to some or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 2 contracts

Samples: General Security Agreement (Bioanalytical Systems Inc), General Security Agreement (Bioanalytical Systems 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 the Bank Lender or to require the Bank's that Lender first resort to some or any portion portion(s) of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 2 contracts

Samples: 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, hereby expressly waives all rights, if any, to require a marshaling of assets by the Bank Lender or to require the Bank's that Lender first resort to some or any portion portion(s) of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cablevision Systems Corp /Ny), Loan and Security Agreement (Princeton Video Image Inc)

No Marshaling. The 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 the Bank Lender or to require the BankLender's first resort to some or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 1 contract

Samples: Credit Agreement (Anthony Clark International Insurance Brokers LTD)

AutoNDA by SimpleDocs

No Marshaling. The 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 the Bank Lender or to require the Bank's that Lender first resort to some or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Ct Holdings Inc)

No Marshaling. The 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 the Bank Lender or to require the Bank's that Lender first resort to some or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Eip Microwave Inc)

No Marshaling. The Each 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 the Bank Lender or to require the Bank's that Lender first resort to some or any portion of the Collateral any collateral securing such Borrower's obligations before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Fansteel Inc)

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