No Obligation to Marshal. The Financier is not required to marshal or to enforce or apply under or appropriate, recover or exercise: (a) any Encumbrance, Surety Obligation or Collateral Security or other document or agreement held, at any time, by or on behalf of that or the Financier; or (b) any money or asset which the Financier, at any time, holds or is entitled to receive.
Appears in 3 contracts
Sources: Facility Agreement (Bullfrog Gold Corp.), Neutron Energy Facility Extension (Neutron Energy, Inc.), Facility Agreement (Neutron Energy, Inc.)