Common use of No Preservation or Marshalling Clause in Contracts

No Preservation or Marshalling. Seller agrees that Purchaser has no obligation to preserve rights to the Collateral against prior parties or to ▇▇▇▇▇▇▇▇ any Collateral for the benefit of any person.

Appears in 3 contracts

Sources: Inventory Finance Rider (Neptune Wellness Solutions Inc.), Inventory Finance Rider (Xplore Technologies Corp), Inventory Finance Rider (Probe Manufacturing Inc)

No Preservation or Marshalling. Seller agrees that Purchaser has no obligation to preserve rights to the Collateral against prior parties or to m▇▇▇▇▇▇▇ any Collateral for the benefit benefit of any person.

Appears in 1 contract

Sources: Inventory Finance Rider (Neptune Wellness Solutions Inc.)

No Preservation or Marshalling. Seller agrees that Purchaser has no obligation to preserve rights to the Collateral against prior parties or to ▇▇▇▇▇▇▇▇ marshal any Collateral for the benefit of any person.

Appears in 1 contract

Sources: Invoice Purchase and Security Agreement (Stryve Foods, Inc.)