Common use of No Marshalling of Assets Clause in Contracts

No Marshalling of Assets. Lender may proceed against any Collateral and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower shall be entitled to require Lender to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 3 contracts

Sources: Loan Agreement (Ramco Gershenson Properties Trust), Loan Agreement (Ramco Gershenson Properties Trust), Loan Agreement (Ramco Gershenson Properties Trust)

No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Guaranteed Obligations and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower Guarantor shall not be entitled to require Lender to marshal ▇▇▇▇▇▇▇▇ assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 3 contracts

Sources: Guaranty (HLM Design Inc), Unconditional Guaranty (Dynagen Inc), Guaranty (HLM Design Inc)

No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Obligations and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower Guarantor shall not be entitled to require Lender to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 2 contracts

Sources: Loan Agreement (Obsidian Enterprises Inc), Unconditional Guaranty (HLM Design Inc)

No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Guaranteed Obligations and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower Guarantor shall not be entitled to require Lender to marshal marshall assets. The benefit of any rule of law or equity to the contrary is cont▇▇▇▇ ▇▇ hereby expressly waived.

Appears in 1 contract

Sources: Unconditional Guaranty (Dynagen Inc)

No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Obligations and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower shall be entitled to require Lender to marshal ▇▇▇▇▇▇▇▇ assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 1 contract

Sources: Loan Agreement (Obsidian Enterprises Inc)

No Marshalling of Assets. Lender may proceed against any the Collateral and against parties liable therefor therefore in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower Obligor nor any creditor of Borrower shall be entitled to require Lender to marshal m▇▇▇▇▇▇▇ assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 1 contract

Sources: Loan Agreement (Better Choice Co Inc.)

No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Obligations and against parties liable therefor in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower nor any creditor of Borrower shall be entitled to require Lender to marshal assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 1 contract

Sources: Construction Loan Agreement (American Retirement Corp)

No Marshalling of Assets. Lender may proceed against any Collateral collateral securing the Secured Indebtedness and against parties liable therefor in such order as it may elect, and neither Borrower Grantor nor Grantee nor any surety or guarantor for Borrower either of them nor any creditor of Borrower either Grantor or Grantee shall be entitled to require Lender to marshal m▇▇▇▇▇▇▇ assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 1 contract

Sources: Assumption and Modification Agreement (Icg Holdings Canada Co /Co/)

No Marshalling of Assets. Lender may proceed against any the Collateral and against parties liable therefor therefore in such order as it may elect, and neither Borrower nor any surety or guarantor for Borrower Obligor nor any creditor of Borrower shall be entitled to require Lender to marshal ▇▇▇▇▇▇▇▇ assets. The benefit of any rule of law or equity to the contrary is hereby expressly waived.

Appears in 1 contract

Sources: Loan Agreement (Better Choice Co Inc.)