Common use of DEFICIENCY IN PROCEEDS OF SALE Clause in Contracts

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. If the amount realised by the Bank pursuant to the proceedings referred to in Clause 11.4 Section 7.03 hereof after all the deductions thereof is less than the amount due and payable to the Bank, Bank and whether at such sale the Bank is the purchaser or otherwise, the Assignor and/or the Customer shall pay to the Bank the difference between the amount due and the amount so realisedrealized.

DEFICIENCY IN PROCEEDS OF SALE. If the amount realised by the Bank pursuant to the proceedings referred to in Clause 11.4 Section 7.03 hereof after all the deductions thereof is less than the amount due and payable to the Bank, 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 realisedrealized.