Common use of No Marshaling Clause in Contracts

No Marshaling. Neither the DIP Secured Parties nor the Prepetition Secured Parties shall be subject to the equitable doctrine of “marshaling” or any other similar doctrine with respect to any of the DIP Collateral or the Prepetition Collateral, as applicable.

Appears in 3 contracts

Samples: Convertible Notes Commitment Agreement (Accuride Corp), Restructuring Support Agreement (Accuride Corp), Restructuring Support Agreement (Accuride Corp)

AutoNDA by SimpleDocs

No Marshaling. Neither the DIP Secured Parties nor the Prepetition Pre-Petition Secured Parties shall be subject to the equitable doctrine of “marshaling” or any other similar doctrine with respect to any of the DIP Collateral or the Prepetition Pre-Petition Collateral, as applicable.

Appears in 2 contracts

Samples: Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp)

No Marshaling. Neither the DIP Secured Parties Parties, the Existing RBL Secured Parties, nor the Prepetition Existing Second Lien Secured Parties shall be subject to the equitable doctrine of “marshaling” or any other similar doctrine with respect to any of the DIP Collateral Collateral, the Existing RBL Collateral, or the Prepetition Existing Second Lien Collateral, as applicable.

Appears in 2 contracts

Samples: Dip Credit Agreement (Legacy Reserves Inc.), Dip Credit Agreement (Legacy Reserves Inc.)

AutoNDA by SimpleDocs

No Marshaling. Neither the The DIP Secured Parties nor and the Prepetition Secured Parties shall not be subject to the equitable doctrine of “marshaling” or any other similar doctrine with respect to any of the DIP Collateral or the Prepetition Collateral, as applicableprovided that, with respect to the Prepetition Secured Parties, the foregoing waiver shall be without prejudice to any provisions of the Final DIP Order.

Appears in 1 contract

Samples: Intercreditor Agreement (CURO Group Holdings Corp.)

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