Continuing Obligations; Revival of Obligations. The obligations of the Company under this Agreement shall continue until all amounts due and owing to the Bank hereunder as of the Termination Date shall have been paid in full; provided, however, that the obligations of the Company pursuant to Sections 10.1 and 10.2 hereof shall survive the termination of this Agreement. The Company further agrees that to the extent the Company makes a payment to the Bank, which payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to a trustee, receiver, or any other party under any bankruptcy, insolvency or other similar state or federal statute, common law or principles of equity, then, to the extent of such repayment by the Bank, the Reimbursement Obligations or part thereof intended to be satisfied by such payment shall be revived and continued in full force and effect as if such payment had not been received by the Bank.
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Samples: Reimbursement and Security Agreement (Open Plan Systems Inc)
Continuing Obligations; Revival of Obligations. The obligations of the Company under this Reimbursement Agreement shall continue until all amounts due and owing to the Bank hereunder as of the Termination Date shall have been paid in full; providedPROVIDED, howeverHOWEVER, that the obligations of the Company pursuant to Sections SECTIONS 10.1 and 10.2 hereof shall survive the termination of this Reimbursement Agreement. The Company further agrees that to the extent the Company makes a payment to the Bank, which payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to a trustee, receiver, or any other party under any bankruptcy, insolvency or other similar state or federal statute, common law or principles of equity, then, to the extent of such repayment by the Bank, the Reimbursement Obligations or part thereof intended to be satisfied by such payment shall be revived and continued in full force and effect as if such payment had not been received by the Bank.
Appears in 1 contract
Continuing Obligations; Revival of Obligations. The obligations of the Company under this Agreement shall continue until all amounts due and owing to the Bank hereunder as of the Termination Date shall have been paid in full; provided, however, that the obligations of the Company pursuant to Sections 10.1 9.1 and 10.2 9.2 hereof shall survive the termination of this Agreement. The Company further agrees that to the extent the Company makes a payment to the Bank, which payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to a trustee, receiver, or any other party under any bankruptcy, insolvency or other similar state or federal statute, common law or principles of equity, then, to the extent of such repayment by the Bank, the Reimbursement Obligations or part thereof intended to be satisfied by such payment shall be revived and continued in full force and effect as if such payment had not been received by the Bank.
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Samples: Reimbursement and Security Agreement (Atlantic American Corp)
Continuing Obligations; Revival of Obligations. The obligations of the Company under this Agreement shall continue until all amounts due and owing to the Bank Landmark hereunder as of the Termination Date shall have been paid in full; providedPROVIDED, howeverHOWEVER, that the obligations of the Company pursuant to Sections 10.1 Section 6.1 and 10.2 Section 6.2 hereof shall survive the termination of this AgreementAgreement for the full period of the applicable statutes of limitation. The Company further agrees that to the extent the Company makes a payment to the BankLandmark, which payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to a trustee, receiver, or any other party under any bankruptcy, insolvency or other similar state or federal statute, common law or principles of equity, then, to the extent of such repayment by the BankLandmark, the Reimbursement Obligations or part thereof intended to be satisfied by such payment shall be revived and continued in full force and effect as if such payment had not been received by the BankLandmark.
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Continuing Obligations; Revival of Obligations. The ---------------------------------------------- obligations of the Company Obligor under this Agreement shall continue until all amounts due and owing to the Bank Company hereunder as of the Termination Date date of termination of this Agreement shall have been paid in full; provided, however, that the obligations of the Company Obligor pursuant to Sections 10.1 Section 6.1 and 10.2 Section 6.2 hereof shall survive the termination of this Agreement. The Company Obligor further agrees that to the extent the Company Obligor makes a payment to the BankCompany, which payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to a trustee, receiver, or any other party under any bankruptcy, insolvency or other similar state or federal statute, common law or principles of equity, then, to the extent of such repayment by the BankCompany, the Reimbursement Obligations or part thereof intended to be satisfied by such payment shall be revived and continued in full force and effect as if such payment had not been received by the BankCompany.
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Continuing Obligations; Revival of Obligations. The obligations of the Company under this Reimbursement Agreement shall continue until all amounts due and owing to the Bank hereunder as of the Termination Date shall have been paid in full; provided, however, that the obligations of the Company pursuant to Sections 10.1 and 10.2 hereof shall survive the termination of this Reimbursement Agreement. The Company further agrees that to the extent the Company makes a payment to the Bank, which payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to a trustee, receiver, or any other party under any bankruptcy, insolvency or other similar state or federal statute, common law or principles of equity, then, to the extent of such repayment by the Bank, the Reimbursement Obligations or part thereof intended to be satisfied by such payment shall be revived and continued in full force and effect as if such payment had not been received by the Bank.
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