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 all Guaranteed Obligations shall have been indefeasibly paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the Borrower of or interest on any Note or any other amount payable by the Borrower or any other party under the Credit Agreement, any Note or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, each of the Guarantor’s obligations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), Collateral Agreement (Clarksburg Skylark, LLC)

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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 all Guaranteed Obligations shall have been indefeasibly paid in full and full, the Commitments under the Credit Agreement shall have terminated or expired and all Rate Management Transactions and Facility LCs have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note or any other amount payable by the any Borrower or any other party under the Credit Agreement, any Note Rate Management Transaction or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the any Borrower or otherwise, each of the Guarantor’s 's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 4 contracts

Samples: Guaranty Agreement (Asset Acceptance Capital Corp), Guaranty Agreement (Asset Acceptance Capital Corp), Guaranty Agreement (Asset Acceptance Capital Corp)

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 termination of the Loan Facility) shall have been indefeasibly paid in full and the Commitments commitments under the Credit Agreement Loan Facility shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any the Note or any other amount payable by the Borrower or any other party under the Credit Agreement, any Note Loan Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of 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 3 contracts

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

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 Commitments under the Credit Agreement Aggregate Commitment shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note the Notes or any other amount payable by the Borrower or any other party under the Credit Agreement, any Note Agreement or any other Loan Document Document, or by any Subsidiary Guarantor hereunder, is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the 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 3 contracts

Samples: Assignment and Assumption (Southwestern Energy Co), Assignment and Assumption (Southwestern Energy Co), Assignment and Assumption (Southwestern Energy Co)

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 Guaranteed of the Obligations shall have been indefeasibly paid in full (other than inchoate or contingent or reimbursable obligations for which no claim has been asserted) and all of the Commitments under the Credit Agreement shall have terminated or expiredterminated. If at any time any payment of the Borrower of principal or interest on any Note or any other amount payable by the Borrower or any other party Borrowers under the Credit Agreement, any Note this Agreement or any other Loan Document is rescinded or must otherwise be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower 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 3 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 The Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and full, all commitments of the Commitments City under the Credit Loan Agreement shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note of the Guaranteed Obligations or any other amount payable by the Borrower or any other party under the Credit Agreement, any Note or any other Loan Document Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of 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 's obligations hereunder shall remain in full force and effect until the Commitments shall have terminated, the principal of and interest on the Loans and all Guaranteed Obligations other amounts payable by the Borrowers under this Agreement shall have been indefeasibly paid in full and the Commitments under the no Letter of Credit Agreement shall have terminated or expiredLiabilities remain outstanding. If at any time any payment of the Borrower principal of or interest on any Note Loan, any reimbursement obligation or any other amount payable by the any Borrower or any other party under the Credit Agreement, any Note or any other Loan Document this Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the 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 Commitments shall have terminated, the principal of and interest on the Loans and all Guaranteed Obligations other amounts payable by the Borrowers under this Agreement shall have been indefeasibly paid in full and the Commitments under the no Letter of Credit Agreement shall have terminated or expiredLiabilities remain outstanding. If at any time any payment of the Borrower principal of or interest on any Note Loan, any reimbursement obligation or any other amount payable by the any Borrower or any other party under the Credit Agreement, any Note or any other Loan Document this Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the 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: 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 Guarantors’ obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and the Commitments under the Credit Agreement shall have terminated in cash or expireduntil such Guarantor is released from its obligations hereunder pursuant to Section 13 below. If at any time any payment of the Borrower principal of or interest on any Note Loan or any other amount payable by the any Borrower or any other party under the Credit Agreement, any Note Related Swap Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the 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 Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note or any other amount payable by the Borrower or any other party under the Credit Agreement, any Note or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of 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 Subject to Section 8.11, each Guarantor’s obligations as guarantor hereunder shall remain in full force and effect until the Commitments shall have terminated and the principal of and interest on the Loans and all Guaranteed Obligations other amounts payable by the Borrowers under this Agreement shall have been indefeasibly paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the Borrower principal of or interest on any Note Loan or any other amount payable by the any Borrower or any other party under the Credit Agreement, any Note or any other Loan Document this Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the 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 all Guaranteed Obligations shall have been indefeasibly paid in full and the Commitments under the Credit Agreement shall have terminated or expiredand the principal of and 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 Borrower principal of or interest on any Note Loan or any other amount payable by the Borrower or any other party under the Credit Agreement, any Note or any other Loan Document Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of 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: Credit Facility Agreement (At&t Corp), At&t 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 indefeasibly paid in full and the Commitments under the Credit Agreement shall have terminated in cash or expireduntil such Guarantor is released from its obligations hereunder pursuant to Section 13 below. If at any time any payment of the Borrower principal of or interest on any Note Loan or any other amount payable by the Borrower or any other party under the Credit Loan Agreement, any Note Swap Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of 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 obligations hereunder under this Article VIII shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and the Commitments under the Credit Agreement any Term Loan Commitment shall have terminated or expired. If at any time any payment of the Borrower of or interest on any Note or any other amount payable by the Borrower or any other party under the Credit Agreement, any Note this Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of 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 The Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and full, the Commitments 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 Borrower principal of or interest on any Note or any other amount payable by the Borrower Principal or any other party under the Credit Agreement, any Note Rate Management Transaction or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower 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 Guarantor’s Guarantors’ obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full in cash and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note Advance or any other amount payable by the Borrower or any other party under the Credit this Agreement, any Note Designated Financial Contract or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of 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. (A) Each of the Guarantor’s Guarantors’ obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full in cash and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note Loan, any Reimbursement Obligation or any other amount payable by the Borrower or any other party under the Credit Agreement, any Note Swap Agreement, any Banking Services Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of 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: Term Credit Agreement (Stepan Co)

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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 Commitments any obligation of Lender to make Advances under the Credit Loan Agreement shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note the Notes or any other amount payable by the Borrower Borrower, Guarantor or any other party under the Credit Agreement, any Note Loan Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the 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 The Guarantor’s 's obligations hereunder shall remain in full force and effect until the Commitments shall have terminated, there shall be no outstanding Letters of Credit and the principal of and interest on the Notes and all Guaranteed Obligations other amounts payable by the Borrower under this Agreement shall have been indefeasibly paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the Borrower principal of or interest on any Note or any other amount payable by the Borrower or any other party under the Credit Agreement, any Note or any other Loan Document this Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of 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)

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 full, the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note or any other amount payable by the Borrower Borrowers or any other party under the Credit Agreement, any Note Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the 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: Assignment Agreement (Clayton Williams Energy Inc /De)

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 Guaranteed of the Obligations shall have been indefeasibly paid in full (other than inchoate or contingent or reimbursable obligations for which no claim has been asserted) and all of the Commitments under the Credit Agreement shall have terminated or expiredterminated. If at any time any payment of the Borrower of principal or interest on any Note or any other amount payable by the Borrower or any other party Borrowers under the Credit Agreement, any Note this Agreement or any other Loan Document is rescinded or must otherwise be otherwise restored or returned upon the insolvency, bankruptcy or 112 reorganization of the Borrower 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 1 contract

Samples: Credit Agreement (AquaVenture Holdings LTD)

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 Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note or any other amount payable by the Borrower Principal or any other party under the Credit Agreement, any Note Agreement or any other Loan Credit Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower 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 Guarantors’ obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full in cash and the Commitments and all Letters of Credit issued under the Credit Loan Agreement shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note Loan or any other amount payable by the Borrower or any other party under the Credit Loan Agreement, any Note Swap Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of 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 Commitments shall have terminated and the principal of and interest on the Loans, the Reimbursement Obligations and all Guaranteed Obligations other amounts payable by the Borrowers under this Agreement shall have been indefeasibly paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the Borrower principal of or interest on any Note Loan or any other amount payable by the any Borrower or any other party under the Credit Agreement, any Note or any other Loan Document this Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the 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 obligations Guarantors’obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and full, the Commitments 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 Borrower principal of or interest on any Note or any other amount payable by the Borrower Principal or any other party under the Credit Agreement, any Note Rate Management Transaction or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower 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 The Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and full, all commitments of the Commitments Lessor under the Credit Lease Agreement shall have terminated or expired. If at any time any payment of the Borrower principal of or interest on any Note of the Guaranteed Obligations or any other amount payable by the Borrower XX Xxxxxxxxx or any other party under the Credit Agreement, any Note or any other Loan Document Lease Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the 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 Except as otherwise permitted hereunder, each Guarantor’s obligations hereunder shall remain in full force and effect until the Commitments shall have terminated and the principal of and interest on the Loans, the LC Disbursements and all Guaranteed Obligations other amounts payable by the Borrowers under this Agreement shall have been indefeasibly paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the Borrower principal of or interest on any Note Loan or any other amount payable by the any Borrower or any other party under the Credit Agreement, any Note or any other Loan Document this Agreement is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the 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 (Westlake Chemical Corp)

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