Surplus, Deficiency. Any surplus proceeds of any sale or other disposition by the Purchaser of any Collateral remaining after discharge of the Purchase Agreement and after all Secured Obligations are paid in full and in cash and any payments required by Section 9-608(a)(1)(C) or 9-615(a)(3) of the NYUCC are paid in full shall be paid over to the Grantor entitled thereto, or to whomever may be lawfully entitled to receive such surplus or as a court of competent jurisdiction may direct, but prior to termination and discharge of the Purchase Agreement, such surplus proceeds may be retained by the Purchaser and held as Collateral until termination and discharge of the Purchase Agreement. The Seller and each Guarantor shall be and remain liable for any deficiency.
Surplus, Deficiency. Any surplus proceeds of any sale or other disposition of Collateral by Secured Party remaining after all the Secured Obligations are indefeasibly paid in full and discharged shall be paid over to the Debtors or to whomever may be lawfully entitled to receive such surplus or as a court of competent jurisdiction may direct, except that if any contingent, unliquidated or unmatured Secured Obligation then remains outstanding, such surplus proceeds may be retained by Secured Party and held as Collateral until such time as all outstanding Secured Obligations have been determined, liquidated and indefeasibly paid in full and discharged. The Debtors shall be and remain liable for any deficiency.
Surplus, Deficiency. Any surplus proceeds of any sale or other disposition by Secured Party of any Collateral remaining after Discharge of the Credit Agreement and after all Secured Obligations are paid in full and in cash shall be paid over to Grantor or to whomever may be lawfully entitled to receive such surplus or as a court of competent jurisdiction may direct, but prior to Discharge of the Credit Agreement, such surplus proceeds may be retained by Secured Party and held as Collateral until Discharge of the Credit Agreement. The Subsidiary and each Guarantor shall be and remain liable for any deficiency.
Surplus, Deficiency. Any surplus of monies remaining after ------------------ application pursuant to Section 12.1 shall be promptly paid over to the Debtor or such other persons as may be legally entitled to receive the same. In no event shall the Debtor be liable for any deficiency.
Surplus, Deficiency. Any surplus proceeds of any sale or other disposition of Collateral by Secured Party remaining after all the Secured Obligations are paid in full shall be paid over to the Grantor or to whomever may be lawfully entitled to receive such surplus or as a court of competent jurisdiction may direct, but if any obligation to make Advances then remains outstanding or if any contingent, unliquidated or unmatured Secured Obligation then remains outstanding, such surplus proceeds may be retained by Secured Party and held as Collateral until such time as all such obligations have expired or been terminated and all outstanding Secured Obligations have been determined, liquidated, paid in full and discharged. The Grantors shall be and remain liable for any deficiency.
Surplus, Deficiency. Subject to the provisions of the Intercreditor Agreement, any surplus proceeds of any sale or other disposition by the Administrative Agent of any Collateral remaining after discharge of the Credit Agreement and after all Secured Obligations are paid in full and in cash and any payments required by Sections 9-608(a)(1)(C) or 9-615(a)(3) of the NYUCC are paid in full shall be paid over to the Grantor entitled thereto, or to whomever may be lawfully entitled to receive such surplus or as a court of competent jurisdiction may direct, but prior to termination and discharge of the Credit Agreement, such surplus proceeds may be retained by the Administrative Agent and held as Collateral until termination and discharge of the Credit Agreement. The Borrower and each Guarantor shall be and remain liable for any deficiency.
Surplus, Deficiency. Section 4.8. Information Related to the Collateral ...................... Section 4.9. Sale Exempt from Registration ..............................
Surplus, Deficiency. After disposal of any Collateral due to an Event of Default, Debtor is entitled to any surplus resulting from the disposal, but is responsible for any deficiency if the Collateral does not satisfy all of the Obligations secured by this Security Agreement.
Surplus, Deficiency. 21 6.7. Information Related to the Collateral..........................................................21 SECTION 7. THE ADMINISTRATIVE AGENT...................................................................22
Surplus, Deficiency. Any surplus proceeds of any sale or other disposition by the Administrative Agent of any Collateral remaining after discharge of the Credit Agreement and after all Obligations are paid in full and in cash shall be paid over to the Grantor entitled thereto, or to whomever may be lawfully entitled to receive such surplus or as a court of competent jurisdiction may direct, but prior to discharge of the Credit Agreement, such surplus proceeds may be retained by the Administrative Agent and held as Collateral until discharge of the Credit Agreement. The Borrower and each Guarantor shall be and remain liable for any deficiency.
