Continuation of Guaranty. The Guarantor further agrees that the obligations hereunder shall continue to be effective or reinstated, as the case may be, if at any time payment or any part thereof of the Loan or the Note is rescinded or must otherwise be restored by the Lender upon the bankruptcy or reorganization of the Borrower, the Guarantor or otherwise.
Continuation of Guaranty. Guarantor covenants that this Guaranty will not be discharged except by complete performance of the Guaranteed Obligations contained in this Guaranty. This Guaranty shall not be affected by, and shall remain in full force and effect notwithstanding, any bankruptcy, insolvency, liquidation, or reorganization of Maker or Guarantor.
Continuation of Guaranty. This guaranty shall continue to be effective, or be reinstated, as the case may be, if at any time payment or performance, or any part thereof, of any of Buyer’s Obligations is rescinded or must otherwise be restored or returned by Sellers upon insolvency, bankruptcy, dissolution, liquidation or reorganization of Buyer, or upon or as a result of the appointment of any receiver, intervenor or conservator of, or trustee or similar officer for Buyer or any substantial part of its property; or otherwise, as if such payments or performances had not been made.
Continuation of Guaranty. The Guarantor further agrees that the obligations hereunder shall continue to be effective or reinstated, as the case may be, if at any time payment or any part thereof of the Loan or the Note is rescinded or must otherwise be restored by the Banks upon the bankruptcy or reorganization of the Borrower, the Guarantor or otherwise.
Continuation of Guaranty. In the event that all or any portion of the Obligations are paid by the Issuer, the obligations of the Guarantors hereunder shall continue and remain in full force and effect or be reinstated, as the case may be, in the event that all or any part of such payment(s) are rescinded or recovered directly or indirectly from the Holders of Subordinated Notes as a preference, fraudulent transfer or otherwise, and any such payments which are so rescinded or recovered shall constitute Obligations for all purposes under this ARTICLE III.
Continuation of Guaranty. Jxxxx hereby agrees that the Guaranty shall continue in full force and effect with respect to Assignee's repayment of the Loan under the terms of the Agreement.
Continuation of Guaranty. The Guarantor further agrees that the obligations hereunder shall continue to be effective or reinstated, as the case may be, if at any time payment or any part thereof of the Clinton Brookside Loan or the Note is rescinded or must otherwise be restored by the Lender upon the bankruptcy or reorganization of the Clinton Brookside Borrower, the Guarantor or otherwise.
Continuation of Guaranty. Guarantor hereby consents and agrees to each of the following, and agrees that Guarantor's obligations under this Guaranty shall not be released, diminished, impaired, reduced or adversely affected by any of the following, and waives any common law, equitable, statutory or other rights (including without limitation rights to notice) which Guarantor might otherwise have as a result of or in connection with any of the following:
Continuation of Guaranty. In the event that the Obligations of the Borrower under the Credit Agreement shall be accelerated pursuant to the provisions of Section 8.1 thereof, this Guaranty shall continue to be in full force and effect. Subject to the provisions of Section 10 hereof, upon the indefeasible payment and performance of the Guaranteed Obligations by the Guarantors, this Completion Guaranty shall terminate. All amounts received by the Administrative Agent hereunder shall be applied by it to the payment of the Guaranteed Obligations and in accordance with the Loan Documents.
Continuation of Guaranty. This Guaranty Agreement is in renewal, extension, modification but not discharge or novation of that certain Guaranty Agreement dated as of October 26, 2000, executed by Guarantor in favor of PNC Bank, National Association, in its capacity as agent, together with all extensions, renewals, amendments, substitutions and replacements thereof.
