Liability for Deficiency. The Company shall remain liable for any deficiency relating to the obligations underlying the Notes resulting from a sale of the Collateral and shall pay any such deficiency forthwith on demand.
Appears in 3 contracts
Samples: Security Agreement (Juniper Content Corp), Security Agreement (Skyepharma PLC), Security Agreement (Vital Living Inc)
Liability for Deficiency. The Company shall remain liable for any deficiency relating to the obligations underlying the Notes resulting from a sale of the Collateral and shall pay any such deficiency forthwith on demand.
Appears in 2 contracts
Samples: Subordinated Convertible Debenture Purchase Agreement (Miscor Group, Ltd.), Security Agreement (Miscor Group, Ltd.)