Common use of No Marshaling Clause in Contracts

No Marshaling. Borrower, on its own behalf and on behalf of its successors and assigns, hereby expressly waives all rights, if any, to require a marshaling of assets by Lender or to require that Lender first resort to some portion(s) of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (Optical Cable Corp), Loan and Security Agreement (AMERI Holdings, Inc.), Loan and Security Agreement (Ag&e Holdings Inc.)

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No Marshaling. The Borrower, on its own behalf and on behalf of its successors and assigns, hereby expressly waives all rights, if any, to require a marshaling of assets by Lender the Bank or to require that Lender the Bank’s first resort to some portion(s) or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 2 contracts

Samples: General Security Agreement (Bioanalytical Systems Inc), General Security Agreement (Bioanalytical Systems Inc)

No Marshaling. Borrower, on its own behalf and on behalf of its successors and assigns, assigns hereby expressly waives all rights, if any, to require a marshaling of assets by Lender or to require that Lender first resort to some portion(s) of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Polar Power, Inc.), Loan and Security Agreement (Corporate Resource Services, Inc.)

No Marshaling. The Borrower, on its own behalf and on behalf of its successors and assigns, hereby expressly waives all rights, if any, to require a marshaling of assets by Lender the Bank or to require that Lender the Bank's first resort to some portion(s) or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 2 contracts

Samples: General Security Agreement (Amcast Industrial Corp), Credit Agreement (Obsidian Enterprises Inc)

No Marshaling. Borrower, on its own behalf and on behalf of its successors and assigns, hereby expressly waives all rights, if any, to require a marshaling of assets by Lender or to require that Lender first resort to some portion(s) of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cablevision Systems Corp /Ny), Loan and Security Agreement (Princeton Video Image Inc)

No Marshaling. Borrower, on its own behalf and on behalf of its successors and assigns, hereby expressly waives all rights, if any, to require a marshaling of assets by Lender or to require that Lender first resort to some portion(s) or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Ct Holdings Inc)

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No Marshaling. The Borrower, on its own behalf and on behalf of its successors and assigns, hereby expressly waives all rights, if any, to require a marshaling of assets by the Lender or to require that Lender the Lender's first resort to some portion(s) or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 1 contract

Samples: Credit Agreement (Anthony Clark International Insurance Brokers LTD)

No Marshaling. Each Borrower, on its own behalf and on behalf of its successors and assigns, hereby expressly waives all rights, if any, to require a marshaling of assets by Lender or to require that Lender first resort to some portion(s) or any portion of the Collateral any collateral securing such Borrower's obligations before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Fansteel Inc)

No Marshaling. Borrower, on its own behalf and on behalf of its successors and assigns, . hereby expressly waives all rights, if any, to require a marshaling of assets by Lender or to require that Lender first resort to some portion(s) or any portion of the Collateral before foreclosing upon, selling or otherwise realizing on any other portion thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Eip Microwave Inc)

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