Common use of Bankruptcy No Discharge Clause in Contracts

Bankruptcy No Discharge. (a) Without limiting Section 2.03, this Guaranty shall not be discharged or otherwise affected by any bankruptcy, insolvency, reorganization or similar proceeding commenced by or against the Buyers or any other Obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Obligations in or as a result of any such proceeding, whether or not assented to by the Beneficiary, and (ii) any disallowance of all or any portion of any Beneficiary’s claim for repayment of the Obligations. The Guarantor understands and acknowledges that by virtue of this Guaranty, it has specifically assumed any and all risks of any such proceeding with respect to the Buyers and each other Obligor.

Bankruptcy No Discharge. (a) 2.7.1. Without limiting Section 2.032.3, this Guaranty shall not be ----------- discharged or otherwise affected by any bankruptcy, insolvency, reorganization or similar proceeding commenced by or against the Buyers Principal Obligor or any other Obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Obligations in or as a result of any such proceeding, whether or not assented to by the Beneficiary, and (ii) any disallowance of all or any portion of any the Beneficiary’s 's claim for repayment of the Obligations. The Each Guarantor understands and acknowledges that by virtue of this Guaranty, it has specifically assumed any and all risks of any such proceeding with respect to the Buyers Principal Obligor and each other Obligor.

Bankruptcy No Discharge. (a) Without limiting Section 2.033, this Guaranty shall not be discharged or otherwise affected by any bankruptcy, insolvencyreorganization, reorganization liquidation, dissolution or similar proceeding commenced by or against the Buyers or any other Obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Guarantied Obligations in or as a result of any such proceeding, whether or not assented to by the Beneficiary, and (ii) any disallowance of all or any portion of any the Beneficiary’s claim for repayment of the Guarantied Obligations. The Each Guarantor understands and acknowledges that by virtue of this Guaranty, it has specifically assumed any and all risks of any such proceeding with respect to the Buyers and each any other Obligor.

Bankruptcy No Discharge. (a) Without limiting Section 2.033, this Guaranty shall not be discharged or otherwise affected by any bankruptcy, insolvencyreorganization, reorganization liquidation, dissolution or similar proceeding commenced by or against the Buyers or any other Obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Guarantied Obligations in or as a result of any such proceeding, whether or not assented to by the Beneficiary, and (ii) any disallowance of all or any portion of any the Beneficiary’s claim for repayment of the Guarantied Obligations. The Guarantor understands and acknowledges that by virtue of this Guaranty, it he has specifically assumed any and all risks of any such proceeding with respect to the Buyers and each any other Obligor.