Common use of Liability for Deficiency Clause in Contracts

Liability for Deficiency. Debtor will remain liable for any deficiency if the Proceeds of any sale or other disposition of the Collateral are insufficient to pay the Obligations and the fees and disbursements of any attorneys or agents employed by Secured Party to collect such deficiency.

Appears in 5 contracts

Samples: Security Agreement (Caldera International Inc/Ut), Security Agreement (Caldera International Inc/Ut), Security Agreement (Caldera International Inc/Ut)

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Liability for Deficiency. Debtor will remain liable for any ------------------------ deficiency if the Proceeds of any sale or other disposition of the Collateral are insufficient to pay the Obligations and the fees and disbursements of any attorneys or agents employed by Secured Party to collect such deficiency.

Appears in 1 contract

Samples: Security Agreement (Tarantella Inc)

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