Common use of Bankruptcy of Borrower Clause in Contracts

Bankruptcy of Borrower. Notwithstanding any modification, discharge or extension of the Obligations or any amendment, modification, stay or cure of the Lender’s rights which may occur in any bankruptcy or reorganization case or proceeding concerning the Borrower, whether permanent or temporary, and whether assented to by the Lender, the Guarantor hereby agrees that it shall be obligated hereunder to pay and perform the Obligations and discharge its other obligations in accordance with the terms of the Obligations and the terms of this Guaranty in effect on the date hereof. The Guarantor understands and acknowledges that by virtue of this Guaranty, it has specifically assumed any and all risks of a bankruptcy or reorganization case or proceeding with respect to the Borrower. As an example and not in any way of limitation, a subsequent modification of the Obligations in any reorganization case concerning the Borrower shall not affect the obligation of the Guarantor to pay and perform the Obligations in accordance with their original terms.

Bankruptcy of Borrower. Notwithstanding Regardless of any modification, discharge discharge, or extension of the Obligations or any amendment, modification, stay stay, or cure of the Lender’s rights which that may occur in any bankruptcy or reorganization case or proceeding concerning the Borrower, whether permanent or temporary, temporary and whether assented to by the Lender, the Guarantor hereby agrees that it shall will be obligated hereunder to pay and perform the Obligations and discharge its other obligations in accordance with the terms of the Obligations and the terms of this Guaranty in effect on the date hereofof this Guaranty. The Guarantor understands and acknowledges that by virtue of this Guaranty, it has specifically assumed any and all risks of a bankruptcy or reorganization case or proceeding with respect to the Borrower. As an example example, and not in any way of limitation, a subsequent modification of the Obligations in any reorganization case concerning the Borrower shall will not affect the obligation of the Guarantor to pay and perform the Obligations in accordance with their original terms.

Bankruptcy of Borrower. Notwithstanding any modification, discharge or extension of the Obligations or any amendment, modification, stay or cure of the Lender’s 's rights which may occur in any bankruptcy or reorganization case or proceeding concerning the Borrower, whether permanent or temporary, and whether assented to by the Lender, the Guarantor hereby agrees that it shall be obligated hereunder to pay and perform the Obligations and discharge its other obligations in accordance with the terms of the Obligations and the terms of this Guaranty in effect on the date hereof. The Guarantor understands and acknowledges that by virtue of this Guaranty, it has specifically assumed any and all risks of a bankruptcy or reorganization case or proceeding with respect to the Borrower. As an example and not in any way of limitation, a subsequent modification of the Obligations in any reorganization case concerning the Borrower shall not affect the obligation of the Guarantor to pay and perform the Obligations in accordance with their original terms.

Bankruptcy of Borrower. Notwithstanding any modification, discharge or extension of the Obligations or any amendment, modification, stay or cure of the LenderBANK’s rights which may occur in any bankruptcy or reorganization case or proceeding concerning the Borrower, BORROWER whether permanent or temporary, and whether assented to by the LenderBANK, the Guarantor GUARANTOR hereby agrees that it shall be obligated hereunder to pay and perform the Obligations and discharge its other obligations in accordance with the terms of the Obligations and the terms of this Guaranty in effect on the date hereof. The Guarantor GUARANTOR understands and acknowledges that by virtue of this Guaranty, it has specifically assumed any and all risks of a bankruptcy or reorganization case or proceeding with respect to the BorrowerBORROWER. As an example and not in any way of limitation, a subsequent modification of the Obligations in any reorganization case concerning the Borrower BORROWER shall not affect the obligation of the Guarantor GUARANTOR to pay and perform the Obligations in accordance with their original terms.