No Marshaling of Assets. Lenders and Agent may proceed against collateral securing the Obligations and against parties liable therefor in such order as they may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower shall be entitled to require Lenders or Agent to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.
Appears in 8 contracts
Samples: Credit Agreement (Protective Life Insurance Co), Credit Agreement (Protective Life Corp), Loan Agreement (Physicians Resource Group Inc)
No Marshaling of Assets. Lenders and Agent may proceed against collateral securing the Obligations and against parties liable therefor in such order as they may elect, and neither Borrower Borrowers nor any surety or guarantor for Borrower Borrowers nor any creditor of Borrower Borrowers shall be entitled to require Lenders or Agent to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.
Appears in 3 contracts
Samples: Credit Agreement (Alfa Corp), Credit Agreement (Response Oncology Inc), Credit Agreement (Books a Million Inc)
No Marshaling of Assets. Lenders and Agent may proceed against any collateral securing the Obligations or other obligations to Lenders and against parties liable therefor in such order as they it may elect, and neither a Borrower nor any surety or guarantor for a Borrower nor any creditor of a Borrower shall be entitled to require Lenders or Agent to marshal assets. The Borrowers hereby expressly waive the benefit of any rule of law or equity to the contrary is hereby expressly waivedcontrary.
Appears in 2 contracts
Samples: Loan Agreement (I3 Verticals, Inc.), Loan Agreement (I3 Verticals, Inc.)
No Marshaling of Assets. Lenders and Agent may proceed against any collateral securing the Obligations or other obligations to Lenders and against parties liable therefor in such order as they it may elect, and neither a Borrower nor any surety or guarantor for a Borrower nor any creditor of a Borrower shall be entitled to require Lenders or Agent to marshal assets. The Borrowers hereby expressly waive the benefit of any rule of law oflaw or equity to the contrary is hereby expressly waivedcontrary.
Appears in 2 contracts
Samples: Loan Agreement (I3 Verticals, Inc.), Loan Agreement (I3 Verticals, Inc.)
No Marshaling of Assets. The Lenders and the Agent may proceed against collateral securing the Obligations and against parties liable therefor in such order as they may elect, and neither the Borrower nor any surety or guarantor for the Borrower nor any creditor of the Borrower shall be entitled to require the Lenders or the Agent to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.
Appears in 2 contracts
Samples: Security Agreement (Renal Care Group Inc), Security Agreement (Renal Care Group Inc)
No Marshaling of Assets. Lenders and Agent may proceed against collateral securing the Obligations and against parties liable therefor in such order as they may elect, and neither Borrower the Borrowers nor any surety or guarantor for Borrower the Borrowers nor any creditor of Borrower the Borrowers shall be entitled to require Lenders or Agent to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.
Appears in 1 contract
No Marshaling of Assets. Lenders and Administrative Agent may proceed against collateral securing the Obligations and against parties liable therefor in such order as they may elect, and neither Borrower the Borrowers nor any surety or guarantor for Borrower the Borrowers nor any creditor of Borrower the Borrowers shall be entitled to require Lenders or Administrative Agent to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.
Appears in 1 contract
