Common use of Prohibition on Marshalling, Etc Clause in Contracts

Prohibition on Marshalling, Etc. (a) Until the Discharge of Priority Lien Obligations, the Second Lien Collateral Trustee will not assert any marshalling, appraisal, valuation, or other similar right that may otherwise be available to such Second Lien Collateral Trustee, for itself, or as a representative of another Person. (b) Until the Discharge of Priority Lien Obligations and the Discharge of Second Lien Obligations, the Third Lien Collateral Trustee will not assert any marshalling, appraisal, valuation, or other similar right that may otherwise be available to such Third Lien Collateral Trustee, for itself, or as a representative of another Person.

Prohibition on Marshalling, Etc. (a) Until the Discharge of Priority Lien Obligations, the Second Lien Collateral Trustee will not assert any marshalling, appraisal, valuation, or other similar right that may otherwise be available to such Second Lien Collateral Trustee, for itself, itself or as a representative of another Person. (ba) Until the Discharge of Priority Lien Obligations and the Discharge of Second Lien Obligations, the Third Lien Collateral Trustee will not assert any marshalling, appraisal, valuation, or other similar right that may otherwise be available to such Third Lien Collateral Trustee, for itself, itself or as a representative of another Person.

Prohibition on Marshalling, Etc. (a) Until So long as the Discharge of Priority Lien ObligationsObligations has not occurred, the Second Lien Collateral Trustee Agent will not assert any marshalling, appraisal, valuation, or other similar right that may otherwise be available to such Second Lien Collateral TrusteeAgent, for itself, or as a representative of another Person. (b) Until So long as the Discharge of Priority Lien Obligations and the Discharge of Second Lien ObligationsObligations has not occurred, the Third Lien Collateral Trustee will not assert any marshalling, appraisal, valuation, or other similar right that may otherwise be available to such Third Lien Collateral Trustee, for itself, or as a representative of another Person.