Common use of Liability for Deficiency Clause in Contracts

Liability for Deficiency. Guarantor shall remain liable for any deficiency remaining on the Secured Obligations after disposition of all or any of the Collateral and Lender’s application of the proceeds thereof to the Secured Obligations.

Appears in 6 contracts

Sources: Security Agreement (Andersen Group Inc.), Security Agreement (Andersen Group Inc.), Security Agreement (Andersen Group Inc.)