Common use of Continuation of Guaranty Clause in Contracts

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as the case may be, if at any time payment or performance, or any part thereof, of any of Buyer’s Obligations is rescinded or must otherwise be restored or returned by Sellers upon insolvency, bankruptcy, dissolution, liquidation or reorganization of Buyer, or upon or as a result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. 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the case may be, if at any time payment or performance, or any part thereof, of any of Buyer’s the Buyer Obligations is rescinded or must otherwise be restored or returned by Sellers Seller upon insolvency, bankruptcy, dissolution, liquidation or reorganization of Buyer, or upon or as a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 for, Buyer or any substantial part of its property; , or otherwise, as if such payments or performances had not been made.

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case may be, if at any time payment or performance, or any part thereof, of any of Buyer’s the Seller Obligations is rescinded or must otherwise be restored or returned by Sellers Buyer upon insolvency, bankruptcy, dissolution, liquidation or reorganization of BuyerSeller, or upon or as a result of the appointment of any receiver, intervenor or conservator of, or trustee or similar officer for Buyer for, Seller or any substantial part of its property; , or otherwise, as if such payments or performances had not been made.

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as the case may be, if at any time payment or performance, or any part thereof, of any of Buyer’s Obligations is rescinded or must otherwise be restored or returned by Sellers Seller upon insolvency, bankruptcy, dissolution, liquidation or reorganization of Buyer, or upon or as a result of the appointment of any receiver, intervenor intervener or conservator of, or trustee or similar officer for for, Buyer or any substantial part of its property; , or otherwise, as if such payments or performances had not been made.

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 BuyerSeller’s Obligations is rescinded or must otherwise be restored or returned by Sellers Buyer upon insolvency, bankruptcyBankruptcy, dissolution, liquidation or reorganization of BuyerSeller, or upon or as a result of the appointment of any receiver, intervenor intervener or conservator of, or trustee or similar officer for Buyer for, Seller or any substantial part of its property; , or otherwise, as if such payments or performances had not been made.