Common use of Trustor’s Payment Duties Clause in Contracts

Trustor’s Payment Duties. Nothing contained herein will limit the Trustor’s duty to make payment on the Obligations when the Proceeds received pursuant to this Article 2 are insufficient to pay the costs, interest, principal and any other portion of the Obligations then owing, and the receipt of Proceeds pursuant hereto will be in addition to all other security now or hereafter existing to secure payment of the Obligations.

Appears in 3 contracts

Samples: Loan Agreement (Gryphon Gold Corp), Deed of Trust (Santa Fe Gold CORP), Deed of Trust (Santa Fe Gold CORP)

AutoNDA by SimpleDocs

Trustor’s Payment Duties. Nothing contained herein will ------------------------ limit the Trustor’s 's duty to make payment on the Obligations when the Proceeds received by Beneficiary pursuant to this Article 2 3 are insufficient to pay the costs, interest, principal and any other portion of the Obligations then owing, and the receipt of Proceeds pursuant hereto by Beneficiary will be in addition to all other security now or hereafter existing to secure payment of the Obligations.

Appears in 1 contract

Samples: Loan Agreement (Royal Gold Inc /De/)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!