Continuation and Reinstatement. Each Pledgor further agrees that its pledge hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any Obligation is rescinded or must otherwise be restored by the Administrative Agent, the Issuing Bank or the Lenders upon the bankruptcy or reorganization of any Pledgor or otherwise.
Continuation and Reinstatement. Each Credit Party further agrees that the security interest granted hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment or any part thereof of any Obligation is rescinded or must otherwise be restored by the Administrative Agent, the Issuing Bank or the Lenders upon the bankruptcy or reorganization of any Credit Party or otherwise.
Continuation and Reinstatement. The security interest granted hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment of any Obligation or any part thereof is rescinded or must otherwise be restored by the Administrative Agent or any other Secured Party upon the bankruptcy or reorganization of any Credit Party or otherwise.
Continuation and Reinstatement. This Security Agreement shall remain in full force and effect and continue to be effective in the event any petition is filed by or against any of the Grantor for liquidation or reorganization, or in the event any of the Grantor becomes insolvent or makes an assignment for the benefit of creditors or in the event a receiver or trustee is appointed for all or any significant part of a Grantor's assets, and shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Obligations, or any part thereof, is, pursuant to Applicable Law, rescinded or reduced in amount, or must otherwise be restored or returned by the Collateral Agent or any other Secured Party, whether as a "voidable preference," "fraudulent conveyance," or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Obligations shall be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned.
Continuation and Reinstatement. The security interest granted hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment of any Obligation, or any part thereof is rescinded or must otherwise be restored by the Administrative Agent, or any other Secured Party upon the bankruptcy or reorganization of any Credit Party or otherwise.
Continuation and Reinstatement. (a) The Limited Guarantor further agrees that this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any of the Guaranteed Obligations is rescinded or must otherwise be restored or returned by any Secured Party upon the bankruptcy or reorganization of RRI or any Grantor, or otherwise. In furtherance of the provisions hereof, and not in limitation of any other right which any Secured Party may have at law or in equity against RRI, any other Grantor or any other Person by virtue hereof, upon failure of RRI or any other Grantor which is a borrower under any Secured Debt Document to pay any Secured Obligation when and as the same shall become due, whether at maturity, by acceleration, after notice or otherwise, the Limited Guarantor hereby promises to and will, upon receipt of written demand by the Collateral Trustee pursuant to an Act of Secured Debtholders, forthwith pay or cause to be paid to the Collateral Trustee for the benefit of the Secured Parties, in cash, an amount equal to the unpaid amount of such Secured Obligation, subject to the limitations of Section 2.04, including interest thereon at the rate provided in the applicable Secured Debt Document (including any applicable default rate of interest). All payments made hereunder shall be subject to distribution as provided in Section 2.06.
(b) Upon any payment as provided above, the applicable Representative shall assign, without recourse and without representation or warranty of any kind, such Secured Obligation, and the Collateral Trustee shall, without recourse and without representation or warranty of any kind, to assign all security interests, if any, then held by the Collateral Trustee, in respect of such Secured Obligation, to the Limited Guarantor; such assignment to be subordinate and junior to the rights of the Collateral Trustee or the Tranche A Collateral Agent on behalf of the Secured Parties or the Lenders owed the Adjusted Tranche A Obligations (as defined in the Citibank Intercreditor Agreement), as applicable, with regard to amounts payable by RRI or any other Grantor in connection with the remaining unpaid Secured Obligations (including Post-Petition Interest) and to be pro tanto to the extent to which the Secured Obligation in question was discharged by the Limited Guarantor.
(c) All rights of the Limited Guarantor against any Grantor which is a borrower under any Secured Debt Document, arising as a result ...
Continuation and Reinstatement. Etc. Guarantor agrees that, to the extent that payments of any of the Guaranteed Obligations are made, or the Administrative Agent, the Issuing Agent, or any Lender receives any proceeds of collateral, and such payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside, or otherwise required to be repaid, then to the extent of such repayment the Guaranteed Obligations shall be reinstated and continued in full force and effect as of the date such initial payment or collection of proceeds occurred. GUARANTOR SHALL DEFEND AND INDEMNIFY THE ADMINISTRATIVE AGENT, THE ISSUING LENDER, AND EACH LENDER FROM AND AGAINST ANY CLAIM OR LOSS UNDER THIS SECTION 4 (INCLUDING REASONABLE ATTORNEYS' FEES AND EXPENSES) IN THE DEFENSE OF ANY SUCH ACTION OR SUIT.
Continuation and Reinstatement. Each Borrower further agrees that its pledge hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any Subject Obligation is rescinded or must otherwise be restored by Hallmark or the Hallmark Lenders upon the bankruptcy or reorganization of any Borrower or otherwise.
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Continuation and Reinstatement. 15 SECTION 6.10. TERMINATION.. . . . . . . . . . . . . . . . . . . . . . . .15
