Common use of Obtain Deficiency Clause in Contracts

Obtain Deficiency. Lender may obtain a judgment against Grantor for any deficiency remaining on the Indebtedness due to Lender after application of all amounts received from the exercise of the rights provided in this Agreement and any Related Document.

Appears in 3 contracts

Samples: Business Loan Agreement (Flotek Industries Inc/Cn/), Commercial Security Agreement (Search Financial Services Inc), Commercial Security Agreement (Lakes Gaming Inc)

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Obtain Deficiency. Lender may obtain a judgment against Grantor for any deficiency remaining on the Indebtedness due to Lender after application of all amounts received from the exercise of the rights provided in this Agreement and any Related DocumentAgreement. Grantor shall be liable for a deficiency even if the transaction described in this subsection is a sale of accounts or chattel paper.

Appears in 2 contracts

Samples: Security Agreement (Espre Solutions Inc), Commerical Security Agreement (Ricex Co)

Obtain Deficiency. Lender may obtain a judgment against Grantor for any deficiency remaining on the Indebtedness indebtedness due to Lender after application of all amounts received from the exercise of the rights provided in this Agreement and any Related Document.

Appears in 1 contract

Samples: Security Agreement (American Fire Retardant Corp)

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Obtain Deficiency. Lender may obtain a judgment against Grantor for any deficiency remaining on the Indebtedness due to Lender after application of all amounts received from the exercise of the rights provided in this Agreement and any Related DocumentDocuments.

Appears in 1 contract

Samples: Security Agreement (Fair Grounds Corp)

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