Liability for Deficiency. If any sale or other disposition of Collateral by Secured Party or any other action of Secured Party hereunder results in reduction of the Obligations, such action will not release Pledgor from its liability to Secured Party for any unpaid Obligations, including reasonable costs, charges and expenses incurred in the liquidation of Collateral and the same shall be immediately due and payable to Secured Party at Secured Party's address set forth in the opening paragraph hereof.
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Samples: Partnership Interest Pledge Agreement (HCS Ii Inc), Stock Pledge Agreement (HCS Ii Inc), Stock Pledge Agreement (HWCC Shreveport Inc)
Liability for Deficiency. If any sale or other disposition of Collateral by Secured Party or any other action of Secured Party hereunder results in reduction of the Obligations, such action will not release Pledgor from its liability to Secured Party for any unpaid Obligations, including reasonable costs, charges and expenses incurred in the liquidation of Collateral and the same shall be immediately due and payable to Secured Party at Secured Party's ’s address set forth in the opening paragraph hereof.
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Samples: Membership Interest Pledge Agreement (NGA Holdco, LLC), Partnership Interest Pledge Agreement (NGA Holdco, LLC), Partnership Interest Pledge Agreement (NGA Holdco, LLC)
Liability for Deficiency. If any sale or other disposition of Collateral by Secured Party or any other action of Secured Party or any Lender hereunder results in reduction of the Obligations, such action will not release Pledgor from its liability to Secured Party and the Lenders for any unpaid Obligations, including reasonable costs, charges and expenses incurred in the liquidation of Collateral Collateral, together with interest thereon, and the same shall be immediately due and payable to Secured Party at Secured Party's address set forth in the opening paragraph hereof.
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Samples: Security Agreement (Kinder Morgan Energy Partners Lp)
Liability for Deficiency. If any sale or other disposition of Collateral by Secured Party or any other action of Secured Party hereunder results in reduction of the Obligations, such action will not release Pledgor from its liability to Secured Party for any unpaid Obligations, including reasonable costs, charges and expenses incurred in the liquidation of Collateral Collateral, together with interest thereon, and the same shall be immediately due and payable to Secured Party at Secured Party's address set forth in the opening paragraph hereof.
Appears in 1 contract
Samples: Security Agreement (Dailey Petroleum Services Corp)
Liability for Deficiency. If any sale or other disposition of Collateral by Secured Party or any other action of Secured Party or any Lender hereunder or under any other Security Instrument results in reduction of the Obligations, such action will not release Pledgor from its liability to Secured Party and the Lenders for any unpaid Obligations, including reasonable costs, charges and expenses incurred in the liquidation of Collateral Collateral, together with interest thereon, and the same shall be immediately due and payable to Secured Party Agent at Secured Party's address set forth in its Principal Office for the opening paragraph hereofbenefit of the Lenders.
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