Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Guarantor’s obligations under this Article IX shall remain in full force and effect until the Commitments shall have terminated in full and the principal of and interest on the Loans and all other amounts payable by the Borrower under this Credit Agreement and each other Credit Document shall have been paid in full. If at any time any payment of the principal of or interest on the Loans or any other amount payable by the Borrower under this Credit Agreement or any other Credit Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the obligations of each Guarantor under this Article IX 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: Senior Unsecured Term Loan Credit Agreement (Medtronic Inc), Senior Unsecured Bridge Credit Agreement (Medtronic Inc), Senior Unsecured Term Loan Credit Agreement
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Guarantor’s obligations under this Article IX shall remain in full force and effect until the Commitments shall have terminated in full and the principal of and interest on the Loans and all other amounts payable by the Borrower Borrowers under this Credit Agreement and each other Credit Document shall have been paid in full. If at any time any payment of the principal of or interest on the Loans or any other amount payable by the Borrower Borrowers under this Credit Agreement or any other Credit Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the any Borrower or otherwise, the obligations of each Guarantor under this Article IX 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 (Medtronic PLC), Credit Agreement (Medtronic PLC), Credit Agreement (Medtronic PLC)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Each Guarantor’s obligations under this Article IX Section 12 shall remain in full force and effect until the Commitments shall have are terminated in full and the principal of and interest on the Loans Notes and all other amounts payable by the Borrower under this Credit Agreement and each all other Credit Document Documents and, if then outstanding and unpaid, all Hedging Liability, shall have been paid in full. If at any time any payment of the principal of or interest on the Loans any Note or any other amount payable by the Borrower under this the Credit Agreement or any other Credit Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or of a Guarantor, or otherwise, the each Guarantor’s obligations of each Guarantor under this Article IX Section 12 with respect to such payment shall be reinstated at such time as though such payment had been become due but had not been made at such time.
Appears in 3 contracts
Samples: Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Federal Signal Corp /De/)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Guarantor’s The Guarantors’ obligations under this Article IX XII shall remain in full force and effect until the Commitments commitments of the Lenders hereunder shall have terminated in full and the principal terminated, no Letters of and interest on the Loans Credit shall be outstanding and all other amounts Obligations payable by the Borrower under this Credit Agreement and each other Credit Document Parties under the Credit Documents shall have been paid in full. If at any time any payment of the principal of or interest on the Loans any Loan or any other amount Reimbursement Obligation or any Obligation payable by a Credit Party under the Borrower under this Credit Agreement or any other Credit Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower such Credit Party or otherwise, the Guarantors’ obligations of each Guarantor under this Article IX XII 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 (Platinum Underwriters Holdings LTD), Credit Agreement (Platinum Underwriters Holdings LTD), Credit Agreement (Platinum Underwriters Holdings LTD)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Each Guarantor’s 's obligations under this Article IX VII shall remain in full force and effect until the Commitments shall have terminated in full and the principal of and interest on the Loans Notes and all other amounts payable by the Borrower other Borrowers under this Credit Agreement and each other Credit Document the Loan Documents shall have been paid in full. If at any time any payment of the principal of or interest on the Loans any Note or any other amount payable by the a Borrower under this Credit Agreement or any other Credit Document the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or otherwise, the each Guarantor's obligations of each Guarantor under this Article IX VII 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: 364 Day Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each The Guarantor’s obligations under this Article IX XI shall remain in full force and effect until the Commitments of the Lenders hereunder shall have terminated in full and the principal terminated, no Letters of and interest on the Loans Credit shall be outstanding and all other amounts Obligations payable by the Borrower Borrowers under this the Credit Agreement and each other Credit Document Documents shall have been paid in full. If at any time any payment of the principal of or interest on the Loans or any other amount Obligation payable by the a Borrower under this the Credit Agreement or any other Credit Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or otherwise, the Guarantor’s obligations of each Guarantor under this Article IX XI 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 (Unum Group), Credit Agreement (Unum Group)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Guarantor’s Holdings’ obligations under this Article IX shall remain in full force and effect until the Commitments shall have terminated in full and the principal of and interest on the Loans and all other amounts payable by the Borrower under this Credit Agreement and each other Credit Document shall have been paid in full. If at any time any payment of the principal of or interest on the Loans or any other amount payable by the Borrower under this Credit Agreement or any other Credit Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Holdings’ obligations of each Guarantor under this Article IX 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: Senior Unsecured Bridge Credit Agreement (Medtronic Inc), Senior Unsecured Bridge Credit Agreement
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Guarantor’s obligations under this Article IX shall remain in full force and effect until the Commitments shall have terminated in full and the principal of and interest on the Loans and all other amounts payable by the Borrower Company under this Credit Agreement and each other Credit Document shall have been paid in full. If at any time any payment of the principal of or interest on the Loans or any other amount payable by the Borrower Company under this Credit Agreement or any other Credit Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Company or otherwise, the obligations of each Guarantor under this Article IX 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: Term Loan Agreement (Medtronic PLC), Term Loan Agreement (Medtronic PLC)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Guarantor’s obligations under this Article IX shall remain in full force and effect until the Commitments shall have terminated in full and the principal of and interest on the Loans and all other amounts payable by the Borrower under this Credit Agreement and each other Credit Document shall have been paid in full. If at any time any payment of the principal of or interest on the Loans or any other amount payable by the Borrower under this Credit Agreement or any other Credit Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the each Guarantor’s obligations of each Guarantor under this Article IX 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: Senior Unsecured Cash Bridge Credit Agreement (Medtronic Inc), Senior Unsecured Cash Bridge Credit Agreement
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Guarantor’s Each Borrower's obligations under this Article IX VII shall remain in full force and effect until the Commitments shall have terminated in full and the principal of and interest on the Loans Notes and all other amounts payable by the Borrower other Borrowers under this Credit Agreement and each other Credit Document the Loan Documents shall have been paid in full. If at any time any payment of the principal of or interest on the Loans any Note or any other amount payable by the a Borrower under this Credit Agreement or any other Credit Document the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or otherwise, the each other Borrower's obligations of each Guarantor under this Article IX VII 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 (Ace LTD), Credit Agreement (Ace LTD)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Guarantor’s obligations under this Article IX 9 shall remain in full force and effect until the Aggregate Commitments shall have terminated in full and the principal of and interest on the Loans and all other amounts payable by the Borrower under this Credit Agreement and each other Credit Loan Document shall have been paid in full. If at any time any payment of the principal of or interest on the Loans or any other amount payable by the Borrower under this Credit Agreement or any other Credit Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the each Guarantor’s obligations of each Guarantor under this Article IX 9 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: Senior Unsecured Bridge Credit Agreement (Eaton Corp)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Subject to Section 9.083.22(b), each Guarantor’s 's obligations under this Article IX hereunder shall remain in full force and effect until the Commitments Indenture shall have terminated in full and the principal of and premium and interest on the Loans Senior Notes and all other amounts payable by the Borrower Issuer under this Credit Agreement Indenture and each other Credit Document the Collateral Documents shall have been paid in full. If at any time any payment of the principal of or premium or interest on the Loans any Senior Note or any other amount payable by the Borrower Issuer under this Credit Agreement Indenture or any other Credit Collateral Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Issuer or otherwise, the each Guarantor's obligations of each Guarantor under this Article IX 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: Indenture (Triarc Companies Inc)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Each Guarantor’s obligations under this Article IX Section 11 shall remain in full force and effect until the Revolving Credit Commitments shall have are terminated in full and the principal of and interest on the Loans Obligations and all other amounts payable by the Borrower under this Credit Agreement and each all other Credit Document Documents shall have been paid in fullfull or such Guarantor is released pursuant to Section 11.9. If at any time any payment of the principal of or interest on the Loans any Obligation or any other amount payable by the Borrower under this the Credit Agreement or any other Credit Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or of a Guarantor, or otherwise, the each Guarantor’s obligations of each Guarantor under this Article IX Section 11 with respect to such payment shall be reinstated at such time as though such payment had been become due but had not been made at such time.
Appears in 1 contract
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Each Guarantor’s obligations under this Article IX 7 shall remain in full force and effect until the Commitments shall have terminated in full and the principal of and interest on the Loans Notes and all other amounts payable by the Borrower other Borrowers under this Credit Agreement and each other Credit Document the Loan Documents shall have been paid in full. If at any time any payment of the principal of or interest on the Loans any Note or any other amount payable by the a Borrower under this Credit Agreement or any other Credit Document the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or otherwise, the each Guarantor’s obligations of each Guarantor under this Article IX 7 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 (Ace LTD)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Each Guarantor’s obligations under this Article IX ARTICLE XII shall remain in full force and effect until the Commitments of the Lenders hereunder shall have terminated in full and the principal terminated, no Letters of and interest on the Loans Credit shall be outstanding and all other amounts Obligations payable by the Borrower Borrowers under this the Credit Agreement and each other Credit Document Documents shall have been paid in full. If at any time any payment of the principal of or interest on the Loans any Loan or any Reimbursement Obligation or any other amount Obligation payable by the any Borrower under this the Credit Agreement or any other Credit Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or otherwise, the such Guarantor’s obligations of each Guarantor under this Article IX ARTICLE XII 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 (Allied World Assurance Co Holdings, AG)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Each Guarantor’s 's obligations under this Article IX Section 11 shall remain in full force and effect until the Commitments shall have are terminated in full and the principal of and interest on the Loans Notes and all other amounts payable by the Borrower under this Credit Agreement and each all other Credit Document Loan Documents shall have been paid in full. If at any time any payment of the principal of or interest on the Loans any Note or any other amount payable by the Borrower under this Credit Agreement or any other Credit Document the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or of a Guarantor, or otherwise, the each Guarantor's obligations of each Guarantor under this Article IX X with respect to such payment shall be reinstated at such time as though such payment had been become due but had not been made at such time.
Appears in 1 contract
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Each Guarantor’s 's obligations under this Article IX Section 11 shall remain in full force and effect until the Commitments shall have are terminated in full and the principal of and interest on the Loans Notes and all other amounts payable by the Borrower Company under this Credit Agreement and each all other Credit Document Loan Documents shall have been paid in fullfull at which time the Guarantors' obligations hereunder shall, subject to the following sentence, terminate. If at any time any payment of the principal of or interest on the Loans any Note or any other amount payable by the Borrower Company under this Credit Agreement or any other Credit Document the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Company or of any Guarantor, or otherwise, the each Guarantor's obligations of each Guarantor under this Article IX Section 11 with respect to such payment shall be reinstated at such time as though such payment had been become due but had not been made at such time.
Appears in 1 contract
Samples: Credit Agreement (WLR Foods Inc)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Each Guarantor’s obligations under this Article IX ARTICLE XI shall remain in full force and effect until the Commitments of the Lenders hereunder shall have terminated in full and the principal of and interest on the Loans and all other amounts Obligations payable by the Borrower Borrowers under this the Credit Agreement and each other Credit Document Documents shall have been paid in full. If at any time any payment of the principal of or interest on the Loans any Loan or any other amount Obligation payable by the any Borrower under this the Credit Agreement or any other Credit Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or otherwise, the such Guarantor’s obligations of each Guarantor under this Article IX ARTICLE XI 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 (Allied World Assurance Co Holdings, AG)
Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. Except as set forth in Section 9.08, each Guarantor’s Vencor's obligations under this Article IX constitute a continuing guaranty and shall remain in full force and effect until the Commitments of each Bank shall have terminated in full and the principal Credit Exposure of and interest on the Loans each Bank shall have been reduced to zero and all other amounts payable by the each Subsidiary Borrower under this Credit Agreement and each other Credit Document the Financing Documents shall have been paid in full. If at any time any payment of the principal of or interest on the Loans any Note or any other amount payable by the any Subsidiary Borrower under this Credit Agreement or any other Credit Financing Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Subsidiary Borrower or otherwise, the Vencor's obligations of each Guarantor under this Article IX with respect to such payment shall be reinstated at such time as though such payment had been become due but had not been made at such time.
Appears in 1 contract
Samples: Credit Agreement (Vencor Inc)