No Marshalling. The Lender shall be under no obligation to marshal any assets in favor of the Borrower, or against or in payment of the Obligations or any other obligation owned to the Lender by the Borrower or any other Person.
Appears in 4 contracts
Sources: Credit and Security Agreement (Corsair Components, Inc.), Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Pro Dex Inc)
No Marshalling. The Lender Bank shall be under no obligation to marshal any assets in favor of the Borrower, or against or in payment of the Obligations or any other obligation owned to the Lender Bank by the Borrower or any other Person.
Appears in 4 contracts
Sources: Credit Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\), Ex Im Credit Agreement (Landec Corp \Ca\)
No Marshalling. The Lender shall be under no obligation to marshal any assets in favor of the Borrower, or against or in payment of the Obligations or any other obligation owned to the Lender by the Borrower or any other Person.
Appears in 2 contracts
Sources: Credit and Security Agreement (Landec Corp \Ca\), Credit and Security Agreement (Landec Corp \Ca\)
No Marshalling. The Lender shall be under no obligation to marshal any assets in favor of the BorrowerBorrowers, or against or in payment of the Obligations or any other obligation owned to the Lender by the Borrower Borrowers or any other Person.
Appears in 1 contract
No Marshalling. The Lender shall be under no obligation to marshal any assets in favor of the Borrower, or against or in payment Collateral for the benefit of the Obligations or any other obligation owned to the Lender by the Borrower or any other Person, and each Borrower expressly waives all rights, if any, to require the Lender to marshal any Collateral.
Appears in 1 contract