Common use of Bankruptcy; Post-Petition Interest; Reinstatement of Guaranty Clause in Contracts

Bankruptcy; Post-Petition Interest; Reinstatement of Guaranty. (a) So long as any Guaranteed Obligations have not been paid in full, no Guarantor shall, without the prior written consent of the Administrative Agent acting pursuant to the instructions of the Required Lenders, commence or join with any other Person in commencing any bankruptcy, reorganization, insolvency or similar proceedings under Debtor Relief Laws against any Loan Party. The obligations of the Guarantors under this Guaranty shall not be reduced, limited, impaired, discharged, deferred, suspended or terminated by any proceeding, voluntary or involuntary, involving the bankruptcy, insolvency, receivership, reorganization, liquidation, arrangement or similar proceedings under Debtor Relief Laws of any Loan Party or by any defense which any Loan Party may have by reason of the order, decree or decision of any court or administrative body resulting from any such proceeding.

Bankruptcy; Post-Petition Interest; Reinstatement of Guaranty. (a) So long as any Guaranteed the Payment in Full of the Secured Obligations have has not been paid in fulloccurred, no Guarantor shall, without the prior written consent of the Administrative Agent acting pursuant to the instructions of the Required Lenders, commence or join with any other Person in commencing any bankruptcy, reorganization, reorganization or insolvency or similar proceedings under Debtor Relief Laws against any Loan other Credit Party. The obligations of the Guarantors a Guarantor under this Guaranty shall not be reduced, limited, impaired, discharged, deferred, suspended or terminated by any proceeding, voluntary or involuntary, involving the bankruptcy, insolvency, receivership, reorganization, liquidation, liquidation or arrangement or similar proceedings under Debtor Relief Laws of any Loan other Credit Party or by any defense which any Loan other Credit Party may have by reason of the order, decree or decision of any court or administrative body resulting from any such proceeding.

Bankruptcy; Post-Petition Interest; Reinstatement of Guaranty. (a) So long as any Guaranteed Guarantied Obligations have not (other than contingent indemnification obligations for which no claim has been paid in fullmade) remain outstanding, no Guarantor shallthe Guarantors shall not, without the prior written consent of the Administrative Agent Guarantied Party acting pursuant to the instructions of the Required all Lenders, commence or join with any other Person in commencing any bankruptcy, reorganization, reorganization or insolvency proceedings of or similar proceedings under Debtor Relief Laws against any Loan Partythe Borrower. The obligations of the Guarantors under this Guaranty shall not be reduced, limited, impaired, discharged, deferred, suspended or terminated by any proceeding, voluntary or involuntary, involving the bankruptcy, insolvency, receivership, reorganization, liquidation, liquidation or arrangement or similar proceedings under Debtor Relief Laws of any Loan Party the Borrower or by any defense which any Loan Party the Borrower may have by reason of the order, decree or decision of any court or administrative body resulting from any such proceeding.