Common use of No Marshalling Clause in Contracts

No Marshalling. Each Guarantor consents and agrees that neither the Lender nor any Person acting for or on behalf of the Lender shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Obligations.

Appears in 2 contracts

Samples: Guaranty (Eresearchtechnology Inc /De/), Guaranty (Eresearchtechnology Inc /De/)

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No Marshalling. Each The Guarantor consents and agrees that neither the Lender Holder nor any Person acting for or on behalf of the Lender Holder shall be under any obligation to marshal any assets in favor of any the Guarantor or against or in payment of any or all of the Obligations.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Seadrill Partners LLC), Guaranty (Seadrill Partners LLC)

No Marshalling. Each The Guarantor consents and agrees that neither none of the Lender nor Holders or any Person acting for or on behalf of the Lender Holders, shall be under any obligation to marshal any assets in favor of any the Guarantor or against or in payment of any or all of the Guaranteed Obligations.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Spirit Airlines, Inc.), Securities Purchase Agreement (Spirit Airlines, Inc.)

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No Marshalling. Each The Guarantor consents and agrees that neither -------------- the Lender nor any Person acting for or on behalf of the Lender shall be under any obligation to marshal any assets in favor of any the Guarantor or against or in payment of any or all of the Loan Document Obligations.

Appears in 1 contract

Samples: Guaranty (Finova Group Inc)

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