Waiver; Deficiency. Each Grantor waives and agrees not to assert any rights or privileges which it may acquire under Section 9-112 of the Code. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Obligations and the fees and disbursements of any attorneys employed by the Administrative Agent or any Secured Party to collect such deficiency.
Appears in 3 contracts
Samples: Guarantee and Collateral Agreement (WTNH Broadcasting Inc), Guarantee and Collateral Agreement (Omniamerica Inc), Guarantee and Collateral Agreement (Lin Television Corp)
Waiver; Deficiency. Each Grantor waives and agrees not to assert any rights or privileges which it may acquire under Section 9-112 of the Code. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its the Obligations and the reasonable fees and disbursements of any attorneys employed by the Administrative Agent or any Secured Party to collect such deficiency.
Appears in 3 contracts
Samples: Security Agreement (Evenflo & Spalding Holdings Corp), Security Agreement (Evenflo & Spalding Holdings Corp), Security Agreement (Evenflo Co Inc)
Waiver; Deficiency. Each Grantor waives and agrees not to assert any rights or privileges which it may acquire under Section 9-112 of the Code. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Obligations and the fees and disbursements of any attorneys employed by the Administrative Agent or any Secured Party Lender to collect such deficiency.
Appears in 3 contracts
Samples: Credit Agreement (Campfire Inc), Guarantee and Collateral Agreement (Cooperative Computing Inc /De/), Guarantee and Collateral Agreement (STC Broadcasting Inc)
Waiver; Deficiency. Each Grantor (other than the Company) waives and agrees not to assert any rights or privileges which that it may acquire under Section 9-112 of the Code, to the extent permitted by applicable Law. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Security Collateral are insufficient to pay its Secured Obligations and the fees and disbursements of any attorneys employed by the Administrative Agent Co-Agents or any other Secured Party to collect such deficiency.
Appears in 2 contracts
Samples: Guarantee and Collateral Agreement (Telex Communications Inc), Guarantee and Collateral Agreement (Telex Communications Inc)
Waiver; Deficiency. Each Grantor waives and agrees not to assert any rights or privileges which it may acquire under Section 9-112 of the Code. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Obligations and the fees and disbursements of any attorneys employed by the Administrative Collateral Agent or any Secured Party to collect such deficiency.
Appears in 2 contracts
Samples: Guarantee and Collateral Agreement (Viasystems Inc), Credit Agreement (Viasystems Group Inc)
Waiver; Deficiency. Each Grantor waives and agrees not to assert any rights or privileges which it may acquire under Section 9-112 of the Uniform Commercial Code. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Senior Collateral are insufficient to pay its the Senior Obligations and the reasonable fees and disbursements of any attorneys employed by the Administrative Agent or any Senior Secured Party to collect such deficiency.
Appears in 2 contracts
Samples: Senior Subsidiary Security Agreement (Rite Aid Corp), Senior Subsidiary Security Agreement (Rite Aid Corp)
Waiver; Deficiency. Each Grantor waives and agrees not to assert any rights or privileges which it may acquire under Section 9-112 of the Code. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Obligations and the fees and disbursements of any attorneys employed by the Administrative Collateral Agent or any Secured Party Creditor to collect such deficiency.
Appears in 1 contract
Samples: Collateral Agreement (Recoton Corp)
Waiver; Deficiency. Each Grantor waives and agrees not to assert any rights or privileges which it may acquire under Section 9-112 of the Code. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Obligations and the fees and disbursements of any attorneys employed by the Administrative Agent or any Secured other Guaranteed Party to collect such deficiency.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Purina Mills Inc)
Waiver; Deficiency. Each Grantor waives and agrees not to assert any rights or privileges which it may acquire under Section 9-112 of the Uniform Commercial Code. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Second Priority Collateral are insufficient to pay its the Second Priority Debt Obligations and the reasonable fees and disbursements of any attorneys employed by the Administrative Agent or any Secured Second Priority Debt Party to collect such deficiency.
Appears in 1 contract
Samples: License Agreement (Rite Aid Corp)
Waiver; Deficiency. Each Grantor waives and agrees not to assert any rights or privileges which it may acquire under Section 9-112 of the Uniform Commercial Code. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Second Priority Collateral are insufficient to pay its the Second Priority Obligations and the reasonable fees and disbursements of any attorneys employed by the Administrative Agent or any Secured Party to collect such deficiency.Second Priority Debt
Appears in 1 contract
Samples: Priority Subsidiary Security Agreement (Rite Aid Corp)
