Common use of Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances Clause in Contracts

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations hereunder shall remain in full force and effect until the Discharge of Obligations has occurred. If at any time any payment of the principal of or interest on any Loan or any other amount payable by any Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 5 contracts

Samples: Credit Agreement (Unit Corp), Credit Agreement (Unit Corp), Credit Agreement (Unit Corp)

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Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and the Discharge of Obligations has occurredCommitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal Borrower of or interest on any Loan Note or any other amount payable by any the Borrower or any other party under this the Credit Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Note or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 5 contracts

Samples: Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Clarksburg Skylark, LLC)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each The Guaranteed Obligations of the Guarantor’s obligations each Guarantor hereunder shall remain in full force and effect until all of the Discharge Obligations shall have been paid in full (other than inchoate or contingent or reimbursable obligations for which no claim has been asserted) and all of Obligations has occurredthe Commitments shall have terminated. If at any time any payment of the principal of or interest on any Loan or any other amount payable by any Borrower or any other party the Borrowers under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Agreement or any other Loan Document is rescinded or must otherwise be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower the Borrowers or otherwise, each then the obligations of the Guarantor’s obligations such Guarantor hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 4 contracts

Samples: Credit Agreement (AquaVenture Holdings LTD), Credit Agreement (AquaVenture Holdings LTD), Credit Agreement (AquaVenture Holdings LTD)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Subsidiary Guarantor’s 's obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and the Discharge of Obligations has occurredCommitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any the Parent or the US Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Parent or the US Borrower or otherwise, each of the Subsidiary Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 3 contracts

Samples: Credit Agreement (Core Laboratories N V), Credit Agreement (Core Laboratories N V), Credit Agreement (Core Laboratories N V)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s Guarantors’ obligations hereunder shall remain in full force and effect until the Discharge of all Guaranteed Obligations has occurredshall have been paid in full in cash or until such Guarantor is released from its obligations hereunder pursuant to Section 13 below. If at any time any payment of the principal of or interest on any Loan or any other amount payable by any Borrower or any other party under this the Credit Agreement, any Lender Related Swap Agreement, any document evidencing Bank Product Obligations, Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower or otherwise, each of the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time. The obligations of the Guarantors with respect to the immediately preceding sentence shall survive termination of this Guaranty.

Appears in 2 contracts

Samples: Credit Agreement (Global Payments Inc), Term Loan Agreement (Global Payments Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Subject to Section 8.11, each Guarantor’s obligations as guarantor hereunder shall remain in full force and effect until the Discharge Commitments shall have terminated and the principal of Obligations has occurredand interest on the Loans and all other amounts payable by the Borrowers under this Agreement shall have been paid in full. If at any time any payment of the principal of or interest on any Loan or any other amount payable by any Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other Loan Document Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any such Borrower or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Credit Agreement (PENTAIR PLC), Credit Agreement (Pentair LTD)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the (a) The Guarantor’s 's obligations hereunder shall remain in full force and effect until the Discharge Commitments under the Credit Agreement shall have terminated and the principal of Obligations has occurredand interest on the Loans and all other amounts payable by the Borrower under the Credit Agreement shall have been paid in full. If at any time any payment of the principal of or interest on any Loan or any other amount payable by any the Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other Loan Document the Credit Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: 364 Day Competitive Advance and Revolving Credit Facility Agreement (At&t Corp), Competitive Advance and Revolving Credit Facility Agreement (At&t Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s 's obligations hereunder shall remain in full force and effect until the Discharge Commitments shall have terminated, the principal of Obligations has occurredand interest on the Loans and all other amounts payable by the Borrowers under this Agreement shall have been paid in full and no Letter of Credit Liabilities remain outstanding. If at any time any payment of the principal of or interest on any Loan Loan, any reimbursement obligation or any other amount payable by any Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other Loan Document Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any such Borrower or otherwise, each of the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Credit Agreement (Estee Lauder Companies Inc), Credit Agreement (Estee Lauder Companies Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations hereunder shall remain in full force and effect until the Discharge Commitments shall have terminated, the principal of Obligations has occurredand interest on the Loans and all other amounts payable by the Borrowers under this Agreement shall have been paid in full and no Letter of Credit Liabilities remain outstanding. If at any time any payment of the principal of or interest on any Loan Loan, any reimbursement obligation or any other amount payable by any Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other Loan Document Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any such Borrower or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Credit Agreement (Estee Lauder Companies Inc), Credit Agreement (Estee Lauder Companies Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the (a) Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations (other than Cash Management Obligations that continue after the Discharge termination of Obligations has occurredthe Loan Facility) shall have been paid in full and the commitments under the Loan Facility shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan the Note or any other amount payable by any Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, the Loan Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Guaranty of Payment (Assuranceamerica Corp), Guaranty Agreement (Assuranceamerica Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and the Discharge of Obligations has occurredCommitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any the Borrower or any other party under this the Credit Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Note or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Credit Agreement (Ryland Group Inc), Credit Agreement (Ryland Group Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s 's obligations hereunder shall remain in full force and effect until the Discharge Commitments shall have terminated and the principal of Obligations has occurredand interest on the Notes and all other amounts payable by the Obligors under the Loan Documents shall have been paid in full. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any Borrower or any other party the Obligors under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other the Loan Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower Obligor or otherwise, each of the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Credit Agreement (United Auto Group Inc), Credit Agreement (Exide Electronics Group Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the The Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full, all commitments of the Discharge of Obligations has occurredCity under the Loan Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan of the Guaranteed Obligations or any other amount payable by any the Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other the Loan Document Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Unconditional Guaranty, Unconditional Guaranty

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and the Discharge of Obligations has occurredCommitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any Borrower the Principal or any other party under this the Credit Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Note or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower the Principal or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Subsidiary Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full, the Discharge of Obligations has occurredCommitments under the Loan Agreement shall have terminated or expired and all Rate Management Transactions have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any Borrower the Principal or any other party under this the Loan Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Rate Management Transaction or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower the Principal or otherwise, each of the Subsidiary Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Loan Agreement (Clayton Williams Energy Inc /De)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the The Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full, the Discharge of Obligations has occurredCommitments under the Credit Agreement shall have terminated or expired and all Rate Management Transactions have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any Borrower the Principal or any other party under this the Credit Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Rate Management Transaction or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower the Principal or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Guaranty (Parallel Petroleum Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Individual Guarantor’s obligations hereunder shall remain in full force and effect until the Discharge Commitment shall have terminated and the principal of Obligations has occurredand interest on any Loan and all other amounts payable by the Borrower under the Loan Documents shall have been paid in full. If at any time any payment of the principal of or interest on any Loan or any other amount payable by any the Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other the Loan Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower Obligor or otherwise, each of the Individual Guarantor’s obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Loan Agreement (Synutra International, Inc.)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full, the Discharge of Obligations has occurredCommitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any Borrower the Borrowers or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Senior Term Credit Agreement (Clayton Williams Energy Inc /De)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s Guarantors’ obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full in cash and the Discharge Commitments and all Letters of Obligations has occurredCredit issued under the Loan Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan or any other amount payable by any the Borrower or any other party under this the Loan Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Loan Agreement (Fuller H B Co)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations hereunder shall remain in full force and effect until the Discharge Commitments shall have terminated and the principal of and interest on the Loans, the Reimbursement Obligations has occurredand all other amounts payable by the Borrowers under this Agreement shall have been paid in full. If at any time any payment of the principal of or interest on any Loan or any other amount payable by any Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other Loan Document Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Johnson Controls Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s Guarantors' obligations hereunder shall remain in full force and effect until the Discharge of all Guaranteed Obligations has occurredshall have been paid in full in cash or until such Guarantor is released from its obligations hereunder pursuant to Section 13 below. If at any time any payment of the principal of or interest on any Loan or any other amount payable by any the Borrower or any other party under this the Loan Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Loan Agreement (Global Payments Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s Guarantors' obligations hereunder shall remain in full force and effect until the Discharge of all Guaranteed Obligations has occurredshall have been paid in full in cash or until such Guarantor is released from its obligations hereunder pursuant to Section 13 below. If at any time any payment of the principal of or interest on any Loan or any other amount payable by any either Borrower or any other party under this the Credit Agreement, any Lender Related Swap Agreement, any document evidencing Bank Product Obligations, Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any each Borrower or otherwise, each of the Guarantor’s Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time. The obligations of the Guarantors with respect to the immediately preceding sentence shall survive termination of this Guaranty.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Global Payments Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the The Guarantor’s 's obligations hereunder shall remain in full force and effect until the Discharge Commitments shall have terminated, there shall be no outstanding Letters of Obligations has occurredCredit and the principal of and interest on the Notes and all other amounts payable by the Borrower under this Agreement shall have been paid in full. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any the Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other Loan Document Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Turner Corp)

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Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Subsidiary Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full, the Discharge of Obligations has occurredCommitments under the Credit Agreement shall have terminated or expired and all Rate Management Transactions have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any Borrower the Principal or any other party under this the Credit Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Rate Management Transaction or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower the Principal or otherwise, each of the Subsidiary Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Clarcor Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Subsidiary Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full, the Discharge of Obligations has occurredCommitments under the Credit Agreement shall have terminated or expired and all Rate Management Transactions have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any Borrower the Principal or any other party under this the Credit Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Rate Management Transaction or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower the Principal or otherwise, each of the Subsidiary Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Papa Johns International Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s Subsidiary Guarantors’ obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and the Discharge of Obligations has occurredCommitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any Borrower the Principal or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, the Credit Agreement or any other Loan Credit Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower the Principal or otherwise, each of the Subsidiary Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Pulte Homes Inc/Mi/)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and any obligation of Lender to make Advances under the Discharge of Obligations has occurredLoan Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan the Notes or any other amount payable by any Borrower Borrower, Guarantor or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, the Loan Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower Borrower, Guarantor or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Guaranty (Baron Energy Inc.)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s Guarantors’ obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full in cash and the Discharge of Obligations has occurredCommitments shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan Loan, or any other amount payable by any the Borrower or any other party under this the Credit Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time. The parties hereto acknowledge and agree that each of the Guaranteed Obligations shall be due and payable in Dollars.

Appears in 1 contract

Samples: Credit Agreement (Ugi Corp /Pa/)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations hereunder under this Article VIII shall remain in full force and effect until the Discharge of all Guaranteed Obligations has occurredshall have been indefeasibly paid in full and any Term Loan Commitment shall have terminated or expired. If at any time any payment of the principal Borrower of or interest on any Loan or any other amount payable by any the Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Term Loan Agreement (Beazer Homes Usa Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations Guarantors’obligations hereunder shall remain in full force and effect until all Guaranteed Obligations have been indefeasibly paid in full, the Discharge of Obligations has occurredCommitments under the Credit Agreement have terminated or expired and all Rate Management Transactions have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any Borrower the Principal or any other party under this the Credit Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Rate Management Transaction or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower the Principal or otherwise, each of the Guarantor’s obligations Guarantors’obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Guaranty (SCP Pool Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s Guarantors’ obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full in cash and the Discharge of Obligations has occurredCommitments shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan Advance or any other amount payable by any the Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Designated Financial Contract or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Modine Manufacturing Co)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Subsidiary Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and the Discharge of Obligations has occurredCommitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any the Parent or the US Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Parent or the US Borrower or otherwise, each of the Subsidiary Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Core Laboratories N V)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s 's obligations hereunder shall remain in full force and effect until the Discharge Commitments shall have terminated and the principal of Obligations has occurredand interest on the Notes and all other amounts payable by the Borrower under the Loan Documents shall have been paid in full. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any the Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other the Loan Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Ace LTD)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the The Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full, all commitments of the Discharge of Obligations has occurredLessor under the Lease Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan of the Guaranteed Obligations or any other amount payable by any Borrower XX Xxxxxxxxx or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other Loan Document the Lease Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower XX Xxxxxxxxx or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Unconditional Guaranty

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full, the Discharge of Obligations has occurredcommitments under the Credit Agreement shall have terminated or expired and all Permitted Swap Contracts have terminated or expired. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any Borrower the Principal or any other party under this the Credit Agreement, any Lender Swap AgreementNote, any document evidencing Bank Product Obligations, Permitted Swap Contract or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower the Principal or otherwise, each of the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Ladish Co Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s 's obligations hereunder shall remain in full force and effect until the Discharge Commitments shall have terminated and the principal of Obligations has occurredand interest on the Notes and all other amounts payable by the Borrower under the Loan Documents shall have been indefeasibly paid in full. If at any time any payment of the principal of or interest on any Loan Note or any other amount payable by any the Borrower or any other party under this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other the Loan Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Term Loan Agreement (Qwest Communications International Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Each of the Guarantor’s Guarantors’ obligations hereunder shall remain in full force and effect until all Guaranteed Obligations (other than contingent indemnity obligations) shall have been paid in full in cash and the Discharge Commitments and all Letters of Obligations has occurredCredit issued under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Loan Loan, any Reimbursement Obligation or any other amount payable by any the Borrower or any other party under this the Credit Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, Banking Services Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Zebra Technologies Corp/De)

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