Common use of No Marshalling of Assets Clause in Contracts

No Marshalling of Assets. Lender may proceed against any Collateral and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower shall be entitled to require Lender to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 3 contracts

Samples: Loan Agreement (Ramco Gershenson Properties Trust), Loan Agreement (Ramco Gershenson Properties Trust), Loan Agreement (Ramco Gershenson Properties Trust)

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No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Guaranteed Obligations and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower Guarantor shall not be entitled to require Lender to marshal xxxxxxxx assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 3 contracts

Samples: Exhibit 99 (Dynagen Inc), HLM Design Inc, HLM Design Inc

No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Obligations and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower Guarantor shall not be entitled to require Lender to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 2 contracts

Samples: Loan Agreement (Obsidian Enterprises Inc), HLM Design Inc

No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Obligations and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower shall be entitled to require Lender to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 1 contract

Samples: Construction Loan Agreement (American Retirement Corp)

No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Obligations and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower shall be entitled to require Lender to marshal assets. The benefit of any any-rule of law or equity to the contrary is hereby expressly waived.

Appears in 1 contract

Samples: Loan Agreement (Cooker Restaurant Corp /Oh/)

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No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Obligations and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower shall be entitled to require Lender to marshal xxxxxxxx assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 1 contract

Samples: Loan Agreement (Obsidian Enterprises Inc)

No Marshalling of Assets. Lender may proceed against any the Collateral and against parties liable therefor therefore in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower Obligor nor any creditor of Borrower shall be entitled to require Lender to marshal mxxxxxxx assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 1 contract

Samples: Loan Agreement (Better Choice Co Inc.)

No Marshalling of Assets. Lender may proceed against any the Collateral and against parties liable therefor therefore in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower Obligor nor any creditor of Borrower shall be entitled to require Lender to marshal xxxxxxxx assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 1 contract

Samples: Loan Agreement (Better Choice Co Inc.)

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