Common use of Borrower Remains Liable for Deficiency Clause in Contracts

Borrower Remains Liable for Deficiency. It is understood that the Borrower shall remain liable to the extent of any deficiency between the amount of the proceeds of the Depository Collateral and any other Collateral and the aggregate of the sums referred to in clauses first through fifth of paragraph (a) above.

Appears in 3 contracts

Sources: Collateral Agency Agreement (Cheniere Energy Inc), Credit Agreement (Cheniere Energy Inc), Collateral Agency Agreement (Cheniere Energy Inc)

Borrower Remains Liable for Deficiency. It is understood that the Borrower shall remain liable to the extent of any deficiency between (x) the amount of the proceeds of the Depository Collateral and any other Collateral collateral and (y) the aggregate of the sums referred to in clauses first (i) through fifth (v) of paragraph (a) aboveSection 3.06(a).

Appears in 2 contracts

Sources: Credit Agreement (Avangrid, Inc.), Term Loan Agreement

Borrower Remains Liable for Deficiency. It is understood that the Borrower shall remain liable to the extent of any deficiency between the amount of the proceeds of the Depository Depositary Collateral and any other Collateral and the aggregate of the sums referred to in clauses first through fifth fourth of paragraph (a) above.

Appears in 1 contract

Sources: Collateral Agency and Intercreditor Agreement (GenOn Energy, Inc.)

Borrower Remains Liable for Deficiency. It is understood that the Borrower shall remain liable to the extent of any deficiency between the amount of the proceeds of the Depository Collateral and any other Collateral and the aggregate of the sums referred to in clauses first Section 3.05(a)(i) through fifth of paragraph (av) above.

Appears in 1 contract

Sources: Loan Agreement (Fuelcell Energy Inc)