Liability for Deficiency. If the aggregate sum realized as a result of any realization pursuant hereto is not sufficient to pay the whole amount of the Secured Obligations, the Debtor shall forthwith pay to the Secured Party the full amount of the deficiency plus interest thereon at the rate or rates applicable to the Secured Obligations.
Appears in 3 contracts
Samples: General Security Agreement (CurrencyWorks Inc.), General Security Agreement (Northern Dynasty Minerals LTD), General Security Agreement (Maverick Minerals Corp)
Liability for Deficiency. If the aggregate sum realized as a result of any realization pursuant hereto is not sufficient to pay the whole amount of the Secured Obligations, the Debtor shall forthwith pay to the Secured Party Parties the full amount of the deficiency plus interest thereon at the rate or rates applicable to the Secured Obligations.
Appears in 1 contract
Liability for Deficiency. If the aggregate sum realized as a result of any realization pursuant hereto is not sufficient to pay the whole amount of the Secured Obligations, the Debtor shall forthwith pay to the Secured Party the full amount of the deficiency plus interest thereon at the rate or rates applicable to the Secured Obligations.;
Appears in 1 contract
Samples: General Security Agreement (Search by HEADLINES.COM Corp.)