Common use of Payment of Deficiency Clause in Contracts

Payment of Deficiency. If the proceeds of realization are insufficient to pay all monetary Indebtedness, the Debtors shall forthwith pay or cause to be paid to the Lenders any deficiency and the Lenders may xxx the Debtors to collect the amount of such deficiency;

Appears in 3 contracts

Samples: Security Agreement (Austin Ventures Vi L P), Security Agreement (724 Solutions Inc), Security Agreement (Austin Ventures Vi L P)

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Payment of Deficiency. If the proceeds of realization are insufficient to pay all monetary IndebtednessObligations, the Debtors Borrower shall forthwith pay or cause to be paid to the Lenders Lender any deficiency and the Lenders Lender may xxx the Debtors Borrower to collect the amount of such deficiency;; and

Appears in 1 contract

Samples: Security Agreement (Clearwire Corp)

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