Common use of Surplus or Deficiency Clause in Contracts

Surplus or Deficiency. Any surplus shall be delivered to the Company. If there is any deficiency, the Company shall promptly pay it to the Secured Parties on demand.

Appears in 3 contracts

Samples: Security Agreement (Unity Wireless Corp), Security Agreement (Unity Wireless Corp), Loan and Security Agreement (Us Electricar Inc)

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Surplus or Deficiency. Any surplus shall be delivered to the Company. If there is any deficiency, the Company shall promptly pay it to the Secured Parties Party on demand.

Appears in 1 contract

Samples: Security Agreement (MDwerks, Inc.)

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