No Obligation to Marshal. The Lender is not required to exercise its rights under the Security Interests it holds from the Obligors in any particular order.
No Obligation to Marshal. The Financier is not required to marshal or to enforce or apply under or appropriate, recover or exercise:
(a) any Encumbrance, Surety Obligation or Collateral Security or other document or agreement held, at any time, by or on behalf of that or the Financier; or
(b) any money or asset which the Financier, at any time, holds or is entitled to receive.
No Obligation to Marshal. A Finance Party is not required to marshal or to enforce or apply under or appropriate, recover or exercise:
(a) any Encumbrance, Guarantee or Collateral Security or other document or agreement held, at any time, by or on behalf of that or any other Finance Party; or
(b) any money or asset which that Finance Party, at any time, holds or is entitled to receive.
No Obligation to Marshal. The Lender is not required to marshal or to enforce or apply under or appropriate, recover or exercise:
(a) any Security Interest, Guarantee or Security or other document or agreement held, at any time, by or on behalf of the Lender; or
(b) any money or asset which the Lender, at any time, holds or is entitled to receive.
No Obligation to Marshal. (a) The doctrine of marshalling does not apply to the Chargee or the Chargor or in relation to the exercise of any Power.
(b) The Chargee is not required before or after it enforces the Charge:
No Obligation to Marshal. NBS is not required to exercise its rights under the Security Interests it holds from the Obligors in any particular order.
No Obligation to Marshal. The Collateral Agent shall be under no obligation to marshal in favour of the Guarantors any Lien held by the Collateral Agent or any of the funds or assets which or upon which the Collateral Agent may be entitled to receive or claim.
No Obligation to Marshal. The State is not required to marshal or to enforce or apply under, or appropriate, recover or exercise:
(a) any Encumbrance or Collateral Security held, at any time, by the State; or
(b) any moneys or assets which the State, at any time, holds or is entitled to receive.
No Obligation to Marshal. Neither PDH nor any Lender is required to marshal or to enforce or apply under or appropriate, recover or exercise:
No Obligation to Marshal. Before the Secured Party enforces the Security Interest created under this document, it is not required to marshal or to enforce or apply under, or appropriate, recover or exercise:
(a) any Security Interest held, at any time, by the Secured Party; or
(b) any moneys or assets which the Secured Party, at any time, holds or is entitled to receive.
