Common use of No Marshalling Clause in Contracts

No Marshalling. The Chargee is not under any obligation to marshal, appropriate or exercise, apply, perfect or recover any Security Interest that the Chargee holds at any time or any funds or property that the Chargee may be entitled to receive or have a claim on.

Appears in 4 contracts

Samples: Production Joint Venture Agreement (BHP Billiton PLC), Rio Tinto LTD, Rio Tinto LTD

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No Marshalling. The A Chargee is not under any obligation to marshal, appropriate or exercise, apply, perfect or recover any Security Interest that the Chargee holds at any time or any funds or property that the Chargee may be entitled to receive or have a claim on.

Appears in 4 contracts

Samples: Production Joint Venture Agreement (BHP Billiton PLC), Rio Tinto LTD, Rio Tinto LTD

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