Waiver; Deficiency. Each Pledgor 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 Guaranteed Creditor to collect such deficiency.
Appears in 9 contracts
Samples: Credit Agreement (Hercules Offshore, LLC), Guaranty and Pledge Agreement (Teton Energy Corp), Guaranty and Pledge Agreement (Whittier Energy Corp)
Waiver; Deficiency. Each Pledgor 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 Subordinated Noteholder Representative or any Guaranteed Creditor to collect such deficiency.
Appears in 4 contracts
Samples: Assumption Agreement (Teton Energy Corp), Subordinated Guaranty and Pledge Agreement (Teton Energy Corp), Subordinated Guaranty and Pledge Agreement (Teton Energy Corp)
Waiver; Deficiency. Each The Pledgor 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 fees and disbursements of any attorneys counsel employed by the Administrative Collection Agent or any Guaranteed Creditor Purchaser to collect such deficiency.
Appears in 1 contract
Samples: Collection Account Pledge Agreement (Celestica Inc)
Waiver; Deficiency. Each Pledgor 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 Guaranteed Creditor Lender to collect such deficiency.
Appears in 1 contract
Waiver; Deficiency. Each Pledgor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Obligations Indebtedness and the fees and disbursements of any attorneys employed by the Administrative Agent or any Guaranteed Creditor to collect such deficiency.
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