Common use of DISCHARGE CONDITIONAL Clause in Contracts

DISCHARGE CONDITIONAL. Any settlement with, or discharge of, a Guarantor will be subject to a condition. This condition is that the settlement or discharge will be set aside if any prior payment, or any other guarantee or security, is set aside, invalidated or reduced. In this event each Guarantor agrees to reimburse each Lender and the Agent for the value of the payment, guarantee or security which is set aside, invalidated or reduced.

DISCHARGE CONDITIONAL. Any settlement with, or discharge of, a the Guarantor will be subject to a condition. This condition is that the settlement or discharge will be set aside if any prior payment, or any other guarantee or securitySecurity, is set aside, invalidated or reduced. In this event each the Guarantor agrees to reimburse each Lender and the Agent for the value of the payment, guarantee or security Security which is set aside, invalidated or reduced.

DISCHARGE CONDITIONAL. Any settlement with, or discharge of, a the Guarantor will be subject to a condition. This condition is that the settlement or discharge will be set aside if any prior payment, or any other guarantee or security, is set aside, invalidated or reduced. In this event each Guarantor agrees to reimburse each Lender and the Agent for the value of the payment, guarantee or security which is set aside, invalidated or reduced.

DISCHARGE CONDITIONAL. Any settlement with, or discharge of, a the Guarantor will be subject to a condition. This the condition is that the settlement or discharge will be set aside if any prior payment, or any other guarantee or securitysecurity relating to any amount due under this Agreement, is set aside, invalidated or reduced. In this event each the Guarantor agrees to reimburse each Lender and the Agent Syndicate Party for the value of the payment, guarantee or security which is set aside, invalidated or reduced.

DISCHARGE CONDITIONAL. Any settlement with, or discharge of, a Guarantor will be subject to a condition. This condition is that the settlement or discharge will be set aside if any prior payment, or any other guarantee or securitysecurity relating to the obligations under this Agreement, is set aside, invalidated or reduced. In this event each Guarantor agrees to reimburse each the Lender and the Agent for the value of the payment, guarantee or security which is set aside, invalidated or reduced.

DISCHARGE CONDITIONAL. Any settlement with, or discharge of, a each Guarantor will be subject to a condition. This condition is that the settlement or discharge will be set aside if any prior payment, or any other guarantee or securitySecurity, is set aside, invalidated or reduced. In this event each Guarantor agrees to reimburse each Lender and the Agent for the value of the payment, guarantee or security Security which is set aside, invalidated or reduced.