Common use of Marshalling; Recapture Clause in Contracts

Marshalling; Recapture. Neither the Administrative Agent nor any Lender shall be under any obligation to ▇▇▇▇▇▇▇▇ any assets in favor of the Borrower or the Subsidiaries or any other party or against or in payment of any or all of the obligations, liabilities and indebtedness of every nature of the Borrower or any Subsidiary from time to time owing to the Administrative Agent or any Lender under or in connection with this Agreement, the Other Corporate Loan Documents or the Loan Documents. To the extent any Lender receives any payment by or on behalf of the Borrower or the Subsidiaries, which payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to such Borrower or Subsidiary or its estate, trustee, receiver, custodian or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then to the extent of such payment or repayment, the obligation or part thereof which has been paid, reduced or satisfied by the amount so repaid shall be reinstated by the amount so repaid and shall be included within the liabilities of the Borrower or Subsidiary to such Lender as of the date such initial payment, reduction or satisfaction occurred.

Marshalling; Recapture. Neither the Administrative Agent nor any Lender shall not be under any ---------------------- obligation to ▇▇▇▇▇▇▇▇ any assets in favor of the Borrower or any of the Subsidiaries Guarantors or any other party or against or in payment of any or all of the obligations, liabilities and indebtedness of every nature of the Borrower or any Subsidiary of the Guarantors from time to time owing to the Administrative Agent or any Lender under or in connection with this Agreement, the Other Corporate Loan Documents Agreement or the other Loan Documents. To the extent any Lender receives any payment by or on behalf of the Borrower or any of the SubsidiariesGuarantors, which payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to such Borrower or Subsidiary Guarantors or its estate, trustee, receiver, custodian or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then to the extent of such payment or repayment, the obligation or part thereof which has been paid, reduced or satisfied by the amount so repaid shall be reinstated by the amount so repaid and shall be included within the liabilities of the Borrower or Subsidiary to such Lender as of the date such initial payment, reduction or satisfaction occurred.the

Marshalling; Recapture. Neither the Administrative Agent nor any Lender shall not be under any obligation to ▇▇▇▇▇▇▇▇ marshal any assets in favor of the Borrower or any of the Subsidiaries Guarantors or any other party or against or in payment of any or all of the obligations, liabilities and indebtedness of every nature of the Borrower or any Subsidiary of the Guarantors from time to time owing to the Administrative Agent or any Lender under or in connection with this Agreement, the Other Corporate Loan Documents Agreement or the other Loan Documents. To the extent any Lender receives any payment by or on behalf of the Borrower or any of the SubsidiariesGuarantors, which payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to such Borrower or Subsidiary Guarantors or its estate, trustee, receiver, custodian or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then to the extent of such payment or repayment, the obligation or part thereof which has been paid, reduced or satisfied by the amount so repaid shall be reinstated by the amount so repaid and shall be included within the liabilities of the Borrower or Subsidiary and the Guarantors to such Lender as of the date such initial payment, reduction or satisfaction occurred.

Marshalling; Recapture. Neither the Administrative Agent nor any Lender shall be under any obligation to ▇m▇▇▇▇▇▇▇ any assets in favor of the Borrower or the Subsidiaries or any other party or against or in payment of any or all of the obligations, liabilities and indebtedness of every nature of the Borrower or any Subsidiary from time to time owing to the Administrative Agent or any Lender under or in connection with this Agreement, the Other Corporate Loan Documents or the Loan Documents. To the extent any Lender receives any payment by or on behalf of the Borrower or the Subsidiaries, which payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to such Borrower or Subsidiary or its estate, trustee, receiver, custodian or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then to the extent of such payment or repayment, the obligation or part thereof which has been paid, reduced or satisfied by the amount so repaid shall be reinstated by the amount so repaid and shall be included within the liabilities of the Borrower or Subsidiary to such Lender as of the date such initial payment, reduction or satisfaction occurred.