Common use of No Marshalling Clause in Contracts

No Marshalling. Bank shall be under no obligation to marshal any assets in favor of Borrower, or against or in payment of the Obligations or any other obligation owned to Bank by Borrower or any other Person.

Appears in 4 contracts

Samples: Credit Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\), Im Credit Agreement (Landec Corp \Ca\)

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No Marshalling. Bank 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 Bank the Lender by the Borrower or any other Person.

Appears in 4 contracts

Samples: Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Corsair Components, Inc.)

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No Marshalling. Bank Lender shall be under no obligation to marshal any assets in favor of Borrower, or against or in payment of the Obligations or any other obligation owned to Bank Lender by Borrower or any other Person.

Appears in 2 contracts

Samples: Credit and Security Agreement (Landec Corp \Ca\), Credit and Security Agreement (Landec Corp \Ca\)

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