Common use of No Marshalling Clause in Contracts

No Marshalling. Each Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Obligations.

Appears in 32 contracts

Samples: Credit Agreement (Orbital Sciences Corp /De/), Five Year Credit Agreement (Harsco Corp), Pledge and Security Agreement (Delphi Automotive PLC)

AutoNDA by SimpleDocs

No Marshalling. Each Guarantor consents and agrees that no Guarantied Party or any Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Obligations.

Appears in 14 contracts

Samples: Revolving Credit Agreement (Marathon Petroleum Corp), Day Revolving Credit Agreement (Marathon Petroleum Corp), Senior Unsecured (HF Sinclair Corp)

No Marshalling. Each Subsidiary Guarantor consents and agrees that no Guarantied Party or any Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Subsidiary Guarantor or against or in payment of any or all of the Obligations.

Appears in 8 contracts

Samples: Credit Agreement (MPLX Lp), Credit Agreement (Marathon Petroleum Corp), Assignment and Assumption (Marathon Petroleum Corp)

No Marshalling. Each Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Secured Obligations.

Appears in 4 contracts

Samples: Security Agreement (Emdeon Inc.), First Lien Security Agreement (Emdeon Inc.), Security Agreement (Emdeon Inc.)

No Marshalling. Each Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Guarantied Obligations.

Appears in 3 contracts

Samples: Guaranty (Knology Inc), Credit Agreement (Johnsondiversey Holdings Inc), Guaranty (Knology Inc)

No Marshalling. Each Subsidiary Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Subsidiary Guarantor or against or in payment of any or all of the Guaranteed Obligations.

Appears in 2 contracts

Samples: Credit Agreement (FMC Corp), FMC Corp

No Marshalling. Each Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Obligations.. Guaranty Warnaco Inc.

Appears in 2 contracts

Samples: Guaranty (Warnaco Group Inc /De/), Guaranty (Warnaco Group Inc /De/)

No Marshalling. Each Guarantor consents and agrees that no Guarantied Guaranteed Party or Person acting for or on behalf of any Guarantied Guaranteed Party shall be under any obligation to marshal any assets in favor favour of any Guarantor or against or in payment of any or all of the Guaranteed Obligations.

Appears in 2 contracts

Samples: Guarantee (Tembec Industries Inc), Chetwynd Pulp Land Co Ltd.

No Marshalling. Each The Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any the Guarantor or against or in payment of any or all of the Obligations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boardwalk Pipeline Partners, LP)

No Marshalling. Each Guarantor consents and agrees that no Guarantied Guaranteed Party or Person acting for or on behalf of any Guarantied Guaranteed Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Obligations.

Appears in 1 contract

Samples: Credit Agreement (National Steel Corp)

No Marshalling. Each Guarantor consents and agrees that no Guarantied -------------- Guaranteed Party or Person acting for or on behalf of any Guarantied Guaranteed Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Obligations.

Appears in 1 contract

Samples: Pledge and Security Agreement (National Steel Corp)

AutoNDA by SimpleDocs

No Marshalling. Each Guarantor consents and agrees that no Guarantied Guaranteed Party or Person acting for or on behalf of any Guarantied Guaranteed Party shall be under any obligation to marshal any assets in favor of any such Guarantor or against or in payment of any or all of the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty Agreement (Dr Pepper Snapple Group, Inc.)

No Marshalling. Each Guarantor consents and agrees that no Guarantied Guaranteed Party or Person acting for or on behalf of any Guarantied Guaranteed Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Guaranteed Obligations.

Appears in 1 contract

Samples: Foamex Capital Corp

No Marshalling. Each Subsidiary Guarantor consents and agrees that no Guarantied Guaranteed Party or Person acting for or on behalf of any Guarantied Guaranteed Party shall be under any obligation to marshal any assets in favor of any such Subsidiary Guarantor or against or in payment of any or all of the Obligations.

Appears in 1 contract

Samples: Guaranty Agreement (Dr Pepper Snapple Group, Inc.)

No Marshalling. Each Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the ObligationsGuarantied Obligations of such Guarantor.

Appears in 1 contract

Samples: Guaranty (Oxford Automotive Inc)

No Marshalling. Each Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Guaranteed Obligations.

Appears in 1 contract

Samples: Interep National Radio Sales Inc

No Marshalling. Each Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the DIP Obligations.

Appears in 1 contract

Samples: Guaranty (Hayes Lemmerz International Inc)

No Marshalling. Each Guarantor consents and agrees that no Guarantied Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Obligations. GUARANTY COLLECTIVE BRANDS FINANCE, INC.

Appears in 1 contract

Samples: Pledge and Security Agreement (Collective Brands, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.