Common use of Deficiency; Excess Proceeds Clause in Contracts

Deficiency; Excess Proceeds. Any deficiency that exists after disposition of the Collateral as provided above will be paid immediately by Borrower. Any excess will be returned, without interest and subject to the rights of third parties, by Foothill to Borrower.

Deficiency; Excess Proceeds. Any deficiency that exists after disposition of the Collateral as provided above will be paid immediately by BorrowerObligor. Any excess will be returned, without interest and subject to the rights of third parties, by Foothill to BorrowerObligor.