{"component": "clause", "props": {"groups": [{"size": 132, "snippet": "Secured Party shall not be required to marshal any present or future Collateral for, or other assurances of payment of, the Obligations or to resort to such Collateral or other assurances of payment in any particular order, and all of its rights and remedies hereunder and in respect of such Collateral and other assurances of payment shall be cumulative and in addition to all other rights and remedies, however existing or arising. To the extent that it lawfully may, Debtor hereby agrees that it will not invoke any law relating to the marshalling of Collateral which might cause delay in or impede the enforcement of Secured Party\u2019s rights and remedies under this Agreement or under any other instrument creating or evidencing any of the Obligations or under which any of the Obligations is outstanding or by which any of the Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, Debtor hereby irrevocably waives the benefits of all such laws.", "snippet_links": [{"key": "secured-party", "type": "clause", "offset": [0, 13]}, {"key": "future-collateral", "type": "clause", "offset": [62, 79]}, {"key": "other-assurances", "type": "clause", "offset": [88, 104]}, {"key": "payment-of", "type": "definition", "offset": [108, 118]}, {"key": "the-obligations", "type": "clause", "offset": [120, 135]}, {"key": "in-respect-of", "type": "clause", "offset": [273, 286]}, {"key": "in-addition-to", "type": "clause", "offset": [359, 373]}, {"key": "other-rights-and-remedies", "type": "clause", "offset": [378, 403]}, {"key": "to-the-extent", "type": "clause", "offset": [434, 447]}, {"key": "relating-to", "type": "definition", "offset": [523, 534]}, {"key": "enforcement-of", "type": "clause", "offset": [606, 620]}, {"key": "agreement-or", "type": "definition", "offset": [668, 680]}, {"key": "benefits-of", "type": "clause", "offset": [972, 983]}], "samples": [{"hash": "z3lubTnEED", "uri": "/contracts/z3lubTnEED#marshalling", "label": "Security Agreement (Aether Holdings, Inc.)", "score": 37.377822876, "published": true}, {"hash": "54kuzTw2fhe", "uri": "/contracts/54kuzTw2fhe#marshalling", "label": "Security Agreement (Scienture Holdings, Inc.)", "score": 37.328540802, "published": true}, {"hash": "e4L4iLFf1Dj", "uri": "/contracts/e4L4iLFf1Dj#marshalling", "label": "Securities Purchase Agreement (Davion Healthcare PLC)", "score": 37.2600975037, "published": true}], "hash": "d737f25b8d00d99fd5cbdcf4d127f72e", "id": 1}, {"size": 69, "snippet": "Secured Party shall not be required to marshal any present or future collateral security (including but not limited to this Agreement and the Collateral) for, or other assurances of payment of, the Secured Obligations or any of them or to resort to such collateral security or other assurances of payment in any particular order, and all of its rights hereunder and in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights, however existing or arising. To the extent that it lawfully may, Pledgor hereby agrees that it shall not invoke any law relating to the marshalling of collateral that might cause delay in or impede the enforcement of Secured Party's rights under this Agreement or under any other instrument creating or evidencing any of the Secured Obligations or under which any of the Secured Obligations is outstanding or by which any of the Secured Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, Pledgor hereby irrevocably waives the benefits of all such laws.", "snippet_links": [{"key": "secured-party", "type": "clause", "offset": [0, 13]}, {"key": "collateral-security", "type": "definition", "offset": [69, 88]}, {"key": "not-limited", "type": "clause", "offset": [104, 115]}, {"key": "to-this-agreement", "type": "clause", "offset": [116, 133]}, {"key": "the-collateral", "type": "definition", "offset": [138, 152]}, {"key": "other-assurances", "type": "clause", "offset": [162, 178]}, {"key": "payment-of", "type": "definition", "offset": [182, 192]}, {"key": "the-secured-obligations", "type": "definition", "offset": [194, 217]}, {"key": "rights-hereunder", "type": "clause", "offset": [345, 361]}, {"key": "in-respect-of", "type": "clause", "offset": [366, 379]}, {"key": "security-and", "type": "clause", "offset": [396, 408]}, {"key": "in-addition-to", "type": "clause", "offset": [461, 475]}, {"key": "all-other-rights", "type": "clause", "offset": [476, 492]}, {"key": "to-the-extent", "type": "clause", "offset": [523, 536]}, {"key": "relating-to", "type": "definition", "offset": [614, 625]}, {"key": "enforcement-of", "type": "clause", "offset": [696, 710]}, {"key": "agreement-or", "type": "definition", "offset": [745, 757]}, {"key": "benefits-of", "type": "clause", "offset": [1074, 1085]}], "samples": [{"hash": "yxZZLOwq4W", "uri": "/contracts/yxZZLOwq4W#marshalling", "label": "Security Agreement (Marconi Corp PLC)", "score": 18.0, "published": true}, {"hash": "kmF5SldjAqv", "uri": "/contracts/kmF5SldjAqv#marshalling", "label": "Security Agreement (Marconi Corp PLC)", "score": 18.0, "published": true}, {"hash": "fqELRyngKmU", "uri": "/contracts/fqELRyngKmU#marshalling", "label": "Security Agreement (Marconi Corp PLC)", "score": 18.0, "published": true}], "hash": "2bc73dd5cc810f4b4a954f9bf4dffa30", "id": 2}, {"size": 31, "snippet": "The Mortgagor hereby waives, in the event of foreclosure of this Mortgage or the enforcement by the Mortgagee of any other rights and remedies hereunder, any right otherwise available in respect to marshalling of assets which secure any Loan and any other indebtedness secured hereby or to require the Mortgagee to pursue its remedies against any other such assets.", "snippet_links": [{"key": "the-mortgagor", "type": "definition", "offset": [0, 13]}, {"key": "hereby-waives", "type": "clause", "offset": [14, 27]}, {"key": "event-of-foreclosure", "type": "clause", "offset": [36, 56]}, {"key": "enforcement-by", "type": "clause", "offset": [81, 95]}, {"key": "the-mortgagee", "type": "clause", "offset": [96, 109]}, {"key": "other-rights-and-remedies", "type": "clause", "offset": [117, 142]}, {"key": "otherwise-available", "type": "definition", "offset": [164, 183]}, {"key": "in-respect-to", "type": "clause", "offset": [184, 197]}, {"key": "marshalling-of-assets", "type": "clause", "offset": [198, 219]}, {"key": "any-loan", "type": "clause", "offset": [233, 241]}, {"key": "indebtedness-secured-hereby", "type": "definition", "offset": [256, 283]}, {"key": "require-the", "type": "clause", "offset": [290, 301]}], "samples": [{"hash": "elvpPQO8UZU", "uri": "/contracts/elvpPQO8UZU#marshalling", "label": "Term Loan Guarantee and Collateral Agreement (Cornerstone Building Brands, Inc.)", "score": 34.1471595764, "published": true}, {"hash": "8JFg4d5eYJX", "uri": "/contracts/8JFg4d5eYJX#marshalling", "label": "Notes Collateral Agreement (Cornerstone Building Brands, Inc.)", "score": 34.1471595764, "published": true}, {"hash": "dmoRWZlGsDB", "uri": "/contracts/dmoRWZlGsDB#marshalling", "label": "Credit Agreement (Hertz Corp)", "score": 32.5126609802, "published": true}], "hash": "182285346188e1497df29dc18cbfe74d", "id": 6}, {"size": 65, "snippet": "Secured Party shall not be required to marshal any present or future collateral security (including but not limited to the Collateral) for, or other assurances of payment of, the Obligations or any of them or to resort to such collateral security or other assurances of payment in any particular order, and all of its rights and remedies hereunder and in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights and remedies, however existing or arising. To the extent that it lawfully may, Debtor hereby agrees that it will not invoke any law relating to the marshalling of collateral which might cause delay in or impede the enforcement of Secured Party\u2019s rights and remedies under this Agreement or under any other instrument creating or evidencing any of the Obligations or under which any of the Obligations is outstanding or by which any of the Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, Debtor hereby irrevocably waives the benefits of all such laws.", "snippet_links": [{"key": "secured-party", "type": "clause", "offset": [0, 13]}, {"key": "collateral-security", "type": "definition", "offset": [69, 88]}, {"key": "not-limited", "type": "clause", "offset": [104, 115]}, {"key": "the-collateral", "type": "definition", "offset": [119, 133]}, {"key": "other-assurances", "type": "clause", "offset": [143, 159]}, {"key": "payment-of", "type": "definition", "offset": [163, 173]}, {"key": "the-obligations", "type": "clause", "offset": [175, 190]}, {"key": "in-respect-of", "type": "clause", "offset": [352, 365]}, {"key": "security-and", "type": "clause", "offset": [382, 394]}, {"key": "in-addition-to", "type": "clause", "offset": [447, 461]}, {"key": "other-rights-and-remedies", "type": "clause", "offset": [466, 491]}, {"key": "to-the-extent", "type": "clause", "offset": [522, 535]}, {"key": "relating-to", "type": "definition", "offset": [611, 622]}, {"key": "enforcement-of", "type": "clause", "offset": [694, 708]}, {"key": "agreement-or", "type": "definition", "offset": [756, 768]}, {"key": "benefits-of", "type": "clause", "offset": [1060, 1071]}], "samples": [{"hash": "4AW3nOmELRc", "uri": "/contracts/4AW3nOmELRc#marshalling", "label": "Asset Sale and Purchase Agreement (PBF Energy Inc.)", "score": 23.1409988403, "published": true}, {"hash": "lDvF17d9eUY", "uri": "/contracts/lDvF17d9eUY#marshalling", "label": "Asset Sale and Purchase Agreement (PBF Energy Inc.)", "score": 22.8672142029, "published": true}, {"hash": "5JRYQEpANlu", "uri": "/contracts/5JRYQEpANlu#marshalling", "label": "Security Agreement (Utah Medical Products Inc)", "score": 22.22108078, "published": true}], "hash": "9c7f5fd03e39bad9cbb86898a1820418", "id": 4}, {"size": 68, "snippet": "The Agent shall not be required to marshal any present or future collateral security (including but not limited to the Collateral) for, or other assurances of payment of, the Secured Obligations or any of them or to resort to such collateral security or other assurances of payment in any particular order, and all of its rights and remedies hereunder and in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights and remedies, however existing or arising. To the extent that it lawfully may, the Guarantor hereby agrees that it will not invoke any law relating to the marshalling of collateral which might cause delay in or impede the enforcement of the Agent\u2019s rights and remedies under this Agreement or under any other instrument creating or evidencing any of the Secured Obligations or under which any of the Secured Obligations is outstanding or by which any of the Secured Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, the Guarantor hereby irrevocably waives the benefits of all such laws.", "snippet_links": [{"key": "the-agent-shall", "type": "clause", "offset": [0, 15]}, {"key": "collateral-security", "type": "definition", "offset": [65, 84]}, {"key": "not-limited", "type": "clause", "offset": [100, 111]}, {"key": "the-collateral", "type": "definition", "offset": [115, 129]}, {"key": "other-assurances", "type": "clause", "offset": [139, 155]}, {"key": "payment-of", "type": "definition", "offset": [159, 169]}, {"key": "the-secured-obligations", "type": "definition", "offset": [171, 194]}, {"key": "in-respect-of", "type": "clause", "offset": [356, 369]}, {"key": "security-and", "type": "clause", "offset": [386, 398]}, {"key": "in-addition-to", "type": "clause", "offset": [451, 465]}, {"key": "other-rights-and-remedies", "type": "clause", "offset": [470, 495]}, {"key": "to-the-extent", "type": "clause", "offset": [526, 539]}, {"key": "guarantor-hereby", "type": "clause", "offset": [566, 582]}, {"key": "relating-to", "type": "definition", "offset": [622, 633]}, {"key": "enforcement-of", "type": "clause", "offset": [705, 719]}, {"key": "agreement-or", "type": "definition", "offset": [763, 775]}, {"key": "benefits-of", "type": "clause", "offset": [1098, 1109]}], "samples": [{"hash": "j4Q7cseuPOM", "uri": "/contracts/j4Q7cseuPOM#marshalling", "label": "Security Agreement (Lydall Inc /De/)", "score": 27.6817245483, "published": true}, {"hash": "bFoER1kA32J", "uri": "/contracts/bFoER1kA32J#marshalling", "label": "Security Agreement (Lydall Inc /De/)", "score": 27.6817245483, "published": true}, {"hash": "am4FBz4lIb7", "uri": "/contracts/am4FBz4lIb7#marshalling", "label": "Security Agreement (Lydall Inc /De/)", "score": 27.6817245483, "published": true}], "hash": "8047b8367cd8aebcc38c125568b810cf", "id": 3}, {"size": 20, "snippet": "The Purchaser shall not be required to marshal any present or future collateral security (including but not limited to this Agreement and the Collateral) for, or other assurances of payment of, the Secured Obligations or any of them or to resort to such collateral security or other assurances of payment in any particular order, and all of its rights hereunder and in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights, however existing or arising. To the extent that it lawfully may, each Grantor hereby agrees that it shall not invoke any law relating to the marshalling of collateral which might cause delay in or impede the enforcement of the Purchaser\u2019s rights under this Agreement or under any other instrument creating or evidencing any of the Secured Obligations or under which any of the Secured Obligations is outstanding or by which any of the Secured Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, each Grantor hereby irrevocably waives the benefits of all such laws.", "snippet_links": [{"key": "the-purchaser-shall", "type": "clause", "offset": [0, 19]}, {"key": "collateral-security", "type": "definition", "offset": [69, 88]}, {"key": "not-limited", "type": "clause", "offset": [104, 115]}, {"key": "to-this-agreement", "type": "clause", "offset": [116, 133]}, {"key": "the-collateral", "type": "definition", "offset": [138, 152]}, {"key": "other-assurances", "type": "clause", "offset": [162, 178]}, {"key": "payment-of", "type": "definition", "offset": [182, 192]}, {"key": "the-secured-obligations", "type": "definition", "offset": [194, 217]}, {"key": "rights-hereunder", "type": "clause", "offset": [345, 361]}, {"key": "in-respect-of", "type": "clause", "offset": [366, 379]}, {"key": "security-and", "type": "clause", "offset": [396, 408]}, {"key": "in-addition-to", "type": "clause", "offset": [461, 475]}, {"key": "all-other-rights", "type": "clause", "offset": [476, 492]}, {"key": "to-the-extent", "type": "clause", "offset": [523, 536]}, {"key": "relating-to", "type": "definition", "offset": [619, 630]}, {"key": "of-the-purchaser", "type": "clause", "offset": [714, 730]}, {"key": "agreement-or", "type": "definition", "offset": [751, 763]}, {"key": "benefits-of", "type": "clause", "offset": [1085, 1096]}], "samples": [{"hash": "h6ISZ8OZe6c", "uri": "/contracts/h6ISZ8OZe6c#marshalling", "label": "Guarantee and Collateral Agreement", "score": 25.1704311371, "published": true}, {"hash": "8lRlYy6R3Wp", "uri": "/contracts/8lRlYy6R3Wp#marshalling", "label": "Guarantee and Collateral Agreement", "score": 25.1704311371, "published": true}, {"hash": "7COuEZTlmzX", "uri": "/contracts/7COuEZTlmzX#marshalling", "label": "Guarantee and Collateral Agreement (AxoGen, Inc.)", "score": 24.597536087, "published": true}], "hash": "cbda039c7425746d220fb2126a721d68", "id": 10}, {"size": 26, "snippet": "None of the Administrative Agent nor any Secured Party shall be required to marshal any present or future collateral security for (including but not limited to this Agreement and the Securities Collateral), or other assurances of payment of, the Obligations or any of them, or to resort to such collateral security or other assurances of payment in any particular order. All of the Administrative Agent\u2019s rights hereunder and of the Secured Parties and the Administrative Agent in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights, however existing or arising. To the extent that it lawfully may, each Pledgor hereby agrees that it will not invoke any law relating to the marshalling of collateral that might cause delay in or impede the enforcement of the Administrative Agent\u2019s rights under this Agreement or under any other instrument evidencing any of the Obligations or under which any of the Obligations is outstanding or by which any of the Obligations is secured or payment thereof is otherwise assured, and to the extent that it lawfully may such Pledgor hereby irrevocably waives the benefits of all such laws.", "snippet_links": [{"key": "the-administrative-agent", "type": "definition", "offset": [8, 32]}, {"key": "secured-party", "type": "clause", "offset": [41, 54]}, {"key": "collateral-security", "type": "definition", "offset": [106, 125]}, {"key": "not-limited", "type": "clause", "offset": [145, 156]}, {"key": "to-this-agreement", "type": "clause", "offset": [157, 174]}, {"key": "securities-collateral", "type": "clause", "offset": [183, 204]}, {"key": "other-assurances", "type": "clause", "offset": [210, 226]}, {"key": "payment-of", "type": "definition", "offset": [230, 240]}, {"key": "the-obligations", "type": "clause", "offset": [242, 257]}, {"key": "rights-hereunder", "type": "clause", "offset": [405, 421]}, {"key": "the-secured-parties", "type": "clause", "offset": [429, 448]}, {"key": "in-respect-of", "type": "clause", "offset": [478, 491]}, {"key": "security-and", "type": "clause", "offset": [508, 520]}, {"key": "in-addition-to", "type": "clause", "offset": [573, 587]}, {"key": "all-other-rights", "type": "clause", "offset": [588, 604]}, {"key": "to-the-extent", "type": "clause", "offset": [635, 648]}, {"key": "relating-to", "type": "definition", "offset": [730, 741]}, {"key": "enforcement-of", "type": "clause", "offset": [812, 826]}, {"key": "agreement-or", "type": "definition", "offset": [872, 884]}, {"key": "benefits-of", "type": "clause", "offset": [1168, 1179]}], "samples": [{"hash": "6uEXNLBNAF6", "uri": "/contracts/6uEXNLBNAF6#marshalling", "label": "Credit Agreement (Harris Interactive Inc)", "score": 21.3394927979, "published": true}, {"hash": "4jdtTnzETHs", "uri": "/contracts/4jdtTnzETHs#marshalling", "label": "Credit Agreement (Harris Interactive Inc)", "score": 21.3394927979, "published": true}, {"hash": "jfI8hccFc3R", "uri": "/contracts/jfI8hccFc3R#marshalling", "label": "Credit Agreement (Harris Interactive Inc)", "score": 21.0, "published": true}], "hash": "ccf28120a568bf33b9d521cbe960fcda", "id": 7}, {"size": 56, "snippet": "The Lender shall not be required to marshal any present or future collateral security (including but not limited to the Collateral) for, or other assurances of payment of, the Obligations or any of them or to resort to such collateral security or other assurances of payment in any particular order, and all of the rights and remedies of the Lender hereunder and of the Lender in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights and remedies, however existing or arising. To the extent that it lawfully may, the Company hereby agrees that it will not invoke any law relating to the marshalling of collateral which might cause delay in or impede the enforcement of the Lender's rights and remedies under this Agreement or under any other instrument creating or evidencing any of the Obligations or under which any of the Obligations is outstanding or by which any of the Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, the Company hereby irrevocably waives the benefits of all such laws.", "snippet_links": [{"key": "collateral-security", "type": "definition", "offset": [66, 85]}, {"key": "not-limited", "type": "clause", "offset": [101, 112]}, {"key": "the-collateral", "type": "definition", "offset": [116, 130]}, {"key": "other-assurances", "type": "clause", "offset": [140, 156]}, {"key": "payment-of", "type": "definition", "offset": [160, 170]}, {"key": "the-obligations", "type": "clause", "offset": [172, 187]}, {"key": "lender-hereunder", "type": "clause", "offset": [342, 358]}, {"key": "in-respect-of", "type": "clause", "offset": [377, 390]}, {"key": "security-and", "type": "clause", "offset": [407, 419]}, {"key": "in-addition-to", "type": "clause", "offset": [472, 486]}, {"key": "other-rights-and-remedies", "type": "clause", "offset": [491, 516]}, {"key": "to-the-extent", "type": "clause", "offset": [547, 560]}, {"key": "the-company-hereby", "type": "clause", "offset": [583, 601]}, {"key": "relating-to", "type": "definition", "offset": [641, 652]}, {"key": "enforcement-of", "type": "clause", "offset": [724, 738]}, {"key": "agreement-or", "type": "definition", "offset": [783, 795]}, {"key": "benefits-of", "type": "clause", "offset": [1092, 1103]}], "samples": [{"hash": "2PQ9G0JepHF", "uri": "/contracts/2PQ9G0JepHF#marshalling", "label": "Revolving Loan Agreement (Aspect Medical Systems Inc)", "score": 18.0, "published": true}, {"hash": "dvJz3KD64Gg", "uri": "/contracts/dvJz3KD64Gg#marshalling", "label": "Security Agreement (Somanta Pharmaceuticals Inc.)", "score": 16.0, "published": true}], "hash": "156bbf267243eac2e6a753840dd38330", "id": 5}, {"size": 23, "snippet": "No holder of a Note shall be under any obligation: (a) to marshal any assets in favor of the Parent Guarantor or in payment of any or all of the liabilities of the Issuer under or in respect of the Notes and this Agreement or the obligations of the Parent Guarantor hereunder or (b) to pursue any other remedy that the Parent Guarantor may or may not be able to pursue itself and that may lighten the Parent Guarantor\u2019s burden, any right to which the Parent Guarantor hereby expressly waives.", "snippet_links": [{"key": "a-note", "type": "clause", "offset": [13, 19]}, {"key": "in-favor-of", "type": "clause", "offset": [77, 88]}, {"key": "parent-guarantor", "type": "definition", "offset": [93, 109]}, {"key": "payment-of", "type": "definition", "offset": [116, 126]}, {"key": "liabilities-of-the-issuer", "type": "clause", "offset": [145, 170]}, {"key": "in-respect-of", "type": "clause", "offset": [180, 193]}, {"key": "the-notes", "type": "clause", "offset": [194, 203]}, {"key": "agreement-or", "type": "definition", "offset": [213, 225]}, {"key": "obligations-of-the-parent", "type": "clause", "offset": [230, 255]}, {"key": "other-remedy", "type": "clause", "offset": [297, 309]}, {"key": "right-to", "type": "clause", "offset": [432, 440]}, {"key": "guarantor-hereby", "type": "clause", "offset": [458, 474]}], "samples": [{"hash": "38PFmfbUpq", "uri": "/contracts/38PFmfbUpq#marshalling", "label": "Note and Guarantee Agreement (Sunstone Hotel Investors, Inc.)", "score": 32.9014358521, "published": true}, {"hash": "2LFPquGY1xl", "uri": "/contracts/2LFPquGY1xl#marshalling", "label": "Note and Guaranty Agreement (Americold Realty Trust)", "score": 32.0143737793, "published": true}, {"hash": "9imQTVA0wOI", "uri": "/contracts/9imQTVA0wOI#marshalling", "label": "Note and Guarantee Agreement (Sunstone Hotel Investors, Inc.)", "score": 31.9760437012, "published": true}], "hash": "ebb92d678253ddb1de00720b8bc82b64", "id": 8}, {"size": 23, "snippet": "Neither the Agent nor any Bank shall be required to ----------- marshal any present or future collateral security (including but not limited to this Agreement and the Collateral) for, or other assurances of payment of, the Obligations or any of them or to resort to such collateral security or other assurances of payment in any particular order, and all of the rights of the Agent hereunder and of the Agent or any Bank in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights, however existing or arising. To the extent that it lawfully may, the Borrower hereby agrees that it will not invoke any law relating to the marshalling of collateral which might cause delay in or impede the enforcement of the Agent's rights under this Agreement or under any other instrument creating or evidencing any of the Obligations or under which any of the Obligations is outstanding or by which any of the Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, the Borrower hereby irrevocably waives the benefits of all such laws.", "snippet_links": [{"key": "collateral-security", "type": "definition", "offset": [94, 113]}, {"key": "not-limited", "type": "clause", "offset": [129, 140]}, {"key": "to-this-agreement", "type": "clause", "offset": [141, 158]}, {"key": "the-collateral", "type": "definition", "offset": [163, 177]}, {"key": "other-assurances", "type": "clause", "offset": [187, 203]}, {"key": "payment-of", "type": "definition", "offset": [207, 217]}, {"key": "the-obligations", "type": "clause", "offset": [219, 234]}, {"key": "agent-hereunder", "type": "clause", "offset": [376, 391]}, {"key": "in-respect-of", "type": "clause", "offset": [421, 434]}, {"key": "security-and", "type": "clause", "offset": [451, 463]}, {"key": "in-addition-to", "type": "clause", "offset": [516, 530]}, {"key": "all-other-rights", "type": "clause", "offset": [531, 547]}, {"key": "to-the-extent", "type": "clause", "offset": [578, 591]}, {"key": "the-borrower-hereby", "type": "clause", "offset": [614, 633]}, {"key": "relating-to", "type": "definition", "offset": [673, 684]}, {"key": "enforcement-of", "type": "clause", "offset": [756, 770]}, {"key": "agreement-or", "type": "definition", "offset": [801, 813]}, {"key": "benefits-of", "type": "clause", "offset": [1111, 1122]}], "samples": [{"hash": "bMR3KL1eGcW", "uri": "/contracts/bMR3KL1eGcW#marshalling", "label": "Revolving Credit and Acquisition Loan Agreement (Jackson Products Inc)", "score": 18.0, "published": true}, {"hash": "dfU6nfoDAZt", "uri": "/contracts/dfU6nfoDAZt#marshalling", "label": "Security Agreement (Jackson Products Inc)", "score": 16.0, "published": true}, {"hash": "bCAj8HElWWE", "uri": "/contracts/bCAj8HElWWE#marshalling", "label": "Security Agreement (National Restaurant Enterprises Holdings Inc)", "score": 16.0, "published": true}], "hash": "010113402f4fd8d7e6b2f4b26fa9ff56", "id": 9}], "next_curs": "ClQSTmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjALEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhRtYXJzaGFsbGluZyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Marshalling", "parents": [["default-and-remedies", "Default and Remedies"], ["miscellaneous", "Miscellaneous"], ["general-provisions", "General Provisions"], ["remedies", "Remedies"], ["defaults-and-remedies", "Defaults and Remedies"]], "size": 1144, "children": [["appointment-and-authorization", "Appointment and Authorization"], ["indemnification", "Indemnification"], ["right-to-perform-preserve-and-protect", "Right to Perform, Preserve and Protect"], ["", ""], ["severability", "Severability"]], "id": "marshalling", "related": [["marshaling", "Marshaling", "Marshaling"], ["no-marshalling", "No Marshalling", "No <strong>Marshalling</strong>"], ["no-marshaling", "No Marshaling", "No Marshaling"], ["marshalling-recapture", "Marshalling; Recapture", "<strong>Marshalling</strong>; Recapture"], ["waiver-of-marshalling", "Waiver of Marshalling", "Waiver of <strong>Marshalling</strong>"]], "related_snippets": [], "updated": "2026-05-29T05:44:52+00:00", "also_ask": ["How can marshalling be leveraged to maximize recovery for secured creditors?", "What essential elements must be included to ensure effective marshalling provisions?", "What are the main risks or pitfalls if marshalling is poorly drafted or omitted?", "How does marshalling interact with other creditor rights in different jurisdictions?", "What factors do courts consider when determining the enforceability of marshalling clauses?"], "drafting_tip": "Specify the order of asset application to clarify creditor priorities, define exceptions to prevent unintended outcomes, and reference relevant laws to ensure enforceability.", "explanation": "The marshalling clause establishes the order in which a creditor must seek satisfaction of a debt from multiple sources of security or assets. In practice, if a debtor has pledged several assets to different creditors, this clause can require a creditor with access to multiple sources to first pursue assets not pledged to other creditors, thereby protecting the interests of those with more limited security. Its core function is to ensure fairness among creditors and prevent one creditor from exhausting assets that are the only recourse for others, thus minimizing conflicts and promoting equitable debt recovery."}, "json": true, "cursor": ""}}