Marshaling definition
Examples of Marshaling in a sentence
Marshaling is an equitable doctrine used to protect a junior lienholder with a security interest in a single property from being "squeezed out" by a senior lienholder, such as the Partnership, with security interest not only in the property, but in one or more additional properties.
Marshaling; Payments Set Aside................................................
This Agreement is a Transaction Document and as such is subject to various interpretative, amendment and third party beneficiary and other miscellaneous provisions set forth in the Purchase Agreement that expressly apply to Transaction Documents, located principally in Article VI thereof, including Sections 6.3(d) (No Implied Waivers or Notice Rights), 6.5 (Set off), 6.7 (Severability) and 6.11 (Marshaling, Payments Set Aside) thereof.
This Guaranty is a Transaction Document and as such is subject to various interpretative, amendment and third party beneficiary and other miscellaneous provisions set forth in the Purchase Agreement that expressly apply to Transaction Documents, located principally in Article VI thereof, including Sections 6.3(d) (No Implied Waivers or Notice Rights), 6.5 (Set off), 6.7 (Severability), 6.11 (Marshaling, Payments Set Aside) and 6.12 (Usury) thereof.
Lien Priorities 17 3.1 Relative Priorities 17 3.2 Prohibition on Contesting Liens; No Marshaling 18 3.3 No New Liens 18 3.4 Perfection of Liens 20 3.5 Nature of Senior Lien Obligations 20 SECTION 4.
Waivers of Section 506(c) and 552(b); No Marshaling The DIP Order shall provide that the Debtors (and any successors thereto or any representatives thereof, including any trustees appointed in the Chapter 11 Cases) shall be deemed to have waived any rights or benefits of section 506(c) of the Bankruptcy Code with respect to the DIP Agent, the DIP Lenders and the DIP Collateral.
No Marshaling.................................................................
Definitions F-4 1.1 Defined Terms F-4 2.1 Relative Priorities F-15 2.2 Prohibition on Contesting Liens; No Marshaling F-16 2.3 No New Liens F-17 2.4 Similar Liens and Agreements F-17 SECTION 3.
Marshaling; Payments Set Aside ......................................
Lien Priorities 12 2.1 Relative Priorities 12 2.2 Prohibition on Contesting Liens; No Marshaling 13 2.3 No New Liens 14 2.4 Similar Liens and Agreements 15 2.5 Perfection of Liens 15 2.6 Nature of First Lien Obligations 15 2.7 No Claim Subordination 15 SECTION 3.