DEFICIENCY IN PROCEEDS OF SALE Sample Clauses

DEFICIENCY IN PROCEEDS OF SALE. The parties agree that, regardless of any other provisions contained in this Agreement to the contrary:
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DEFICIENCY IN PROCEEDS OF SALE. If the amount realised by the Chargee pursuant to the proceedings referred to in Section 4.03 hereof after the deductions thereof is less than the amount due and payable to the Chargee and whether at such sale the Chargee is the purchaser or otherwise, the Chargor shall pay to the Chargee the difference between the amount due and the amount so realised.
DEFICIENCY IN PROCEEDS OF SALE. If the amount realised by the Bank pursuant to the proceedings referred to in Clause 11.4 hereof after all deductions thereof is less than the amount due and payable to the Bank, and whether at such sale the Bank is the purchaser or otherwise, the Customer shall pay to the Bank the difference between the amount due and the amount so realised.
DEFICIENCY IN PROCEEDS OF SALE. It is expressly agreed and declared between the parties hereto that notwithstanding, any other provision herein contained in the other documents creating security for the Facility to the contrary, the Customer shall be liable to the Bank for the difference between the amount due and the actual amount ultimately received by the Bank and /or upon a sale of the Property in the event that the actual amount ultimately received by the Bank under the terms of this Agreement or any of the documents creating security for the Facility and /or on sale of the Property after deduction and payment from the proceeds so recovered, or realized or received of all fee (including but not limited to the Bank’s solicitor fees on a solicitor and client basis) dues costs rates taxes and other outgoings on the Property is less than the amount due to the Bank hereunder and under the other documents creating security for the Facility and notwithstanding whether or not the Bank is the purchaser of the Property at such sale and the Customer shall pay late payment charges on the differential sum until the date of actual payment made. PROVIDED THAT nothing herein contained shall be construed as imposing any obligation (whether at law or in equity) upon the Bank to exhaust its remedy to sell the Property before commencing any separate action or before enforcing any other remedies or exercising any other rights against the Customer AND the Customer hereby irrevocably and unconditionally agrees and consents to the Bank commencing separate proceedings, enforcing other remedies and exercising any other rights which the Bank may have against the Customer prior to or simultaneously with and without having exhausted its rights to sell or to proceed against the Property or to realize its security under the documents creating security for the Facility.
DEFICIENCY IN PROCEEDS OF SALE. If the amount recovered or realised under the Security Documents after deduction and payment, from the amount so recovered or realised, of all fees, costs, expenses and other outgoings, is less than the amount due to the Bank under the Security Documents and whether in the process of such recovery or realisation the Bank has purchased any of the properties and assets charged to the Bank or otherwise, the Customer and/or the Assignor will pay to the Bank the difference between the amount due and the amount so realised. Until payment, the Assignor will also pay ta’widh (late payment compensation) on such balance at the rate provided in the Facility Agreement.
DEFICIENCY IN PROCEEDS OF SALE. If the amount realised by the Lender on a sale or application of the properties and assets deposited with the Lender after deduction and payment from the proceeds of such sale of all fees, dues, costs, rates, taxes and other outgoings thereon is less than the amount due to the Lender and whether at such sale the Lender is the purchaser thereof or otherwise, the Borrower shall pay to the Lender the difference between the amount due and the amount so realised and until payment will also pay interest on such balance at the rate specified in accordance to the terms and condition of this Agreement.
DEFICIENCY IN PROCEEDS OF SALE. If the amount realised by the Bank on a sale of the Property under the provisions of Section 10.01 hereof after deduction and payment from the proceeds of such sale of all fees dues costs charges and expenses incidental thereto is less than the amount due to the Bank under the Bank Security Documents and whether at such sale the Bank is the purchaser of the Property or otherwise the Company shall pay to the Bank the difference between the amount due and the amount so realised and until payment will also pay interest on such balance at the Prescribed Rate before as well as after any Court order or judgment.
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DEFICIENCY IN PROCEEDS OF SALE. (i) If the amount recovered or realized by the Bank after deduction and payment from the proceeds of such recovery or realization of all fees, dues, costs, rents, rates, taxes, and other outgoings, is less than the amount due to the Bank (and whether in the process of such recovery or realization the Bank is the purchaser or otherwise) the Customer must pay the Bank the difference between the amount due and the amount so realised.
DEFICIENCY IN PROCEEDS OF SALE. If the amount realised by the Bank in pursuance of its powers under Article XI hereof, after deduction and payment from the amount so realised of all costs, charges, outgoings and expenses of or incidental to the exercise of such powers and the enforcement of any security held by the Bank, is less than the amount due to the Bank, the Borrower shall pay to the Bank the difference between the amount due and the amount so realised, and until payment will also pay interest on such balance at the applicable rate with daily rests until the date of payment thereof as well after as before any judgment or order of court.
DEFICIENCY IN PROCEEDS OF SALE. If the amount recovered or realised under this Agreement or any of the Security Documents after deduction and payment, from the amount so recovered or realised, if all fees, costs, expenses and other outgoing, is less than the amount due to the Bank hereunder and under the Security Documents (if any) and whether in the process of such recovery or realization the Bank has purchased any of the properties and assets charged to the Bank or otherwise, the Borrower shall pay to the Bank the difference between the amount so realised and until payment will also pay interest on such balance at the Prescribed Rate and the penalty rate as applicable corresponding to the facilities as set out in the General Conditions in the Schedule 2 hereto or at such other rate(s) stipulated from time to time by the Bank.
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