Common use of Waiver of Marshaling Clause in Contracts

Waiver of Marshaling. Without limiting the foregoing in any way, each Obligor hereby irrevocably waives and releases, to the extent permitted by Law, any and all rights it may have at any time (whether arising directly or indirectly, by operation of law, contract or otherwise) to require the marshaling of any assets of any Obligor, which right of marshaling might otherwise arise from any payments made or obligations performed.

Appears in 12 contracts

Samples: Term Loan Agreement (NeuroPace Inc), Term Loan Agreement (NeuroPace Inc), Loan Agreement (Dynavax Technologies Corp)

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Waiver of Marshaling. Without limiting the foregoing in any way, each Obligor obligor hereby irrevocably waives and releases, to the extent permitted by Lawlaw, any and all rights it may have at any time (whether arising directly or indirectly, by operation of law, contract or otherwise) to require the marshaling of any assets of any Obligorobligor, which right of marshaling might otherwise arise from any payments made or obligations performed.

Appears in 2 contracts

Samples: Subordination Agreement (Strongbridge Biopharma PLC), Term Loan Agreement

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Waiver of Marshaling. Without limiting the foregoing in any way, each Obligor hereby irrevocably waives and releases, to the extent permitted by Lawlaw, any and all rights it may have at any time (whether arising directly or indirectly, by operation of law, contract or otherwise) to require the marshaling of any assets of any Obligor, which right of marshaling might otherwise arise from any payments made or obligations performed.

Appears in 1 contract

Samples: Term Loan Agreement (Alignment Healthcare, Inc.)

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