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to be effective or reinstated, as the case may be, if at any time payment or any part thereof of the Obligations is rescinded or must otherwise be restored by the Lender upon the bankruptcy or reorganization of the Borrower, the Guarantor or otherwise.
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Samples: Guaranty of Payment and Performance (Viewcast Com Inc)
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or reinstated, as the case may be, if at any time payment or any part thereof of the Obligations Secured Notes is rescinded or must otherwise be restored by the Lender Trustee upon the bankruptcy or reorganization of the BorrowerCB-US, the Guarantor or otherwise.
Appears in 1 contract
Samples: Guaranty of Payment and Performance (Castle Brands Inc)