Common use of Discharge; Reinstatement Clause in Contracts

Discharge; Reinstatement. Each Subsidiary Guarantor or JV Subsidiary Guarantor’s obligations hereunder shall remain in full force and effect until the principal of, premium, if any, and interest on the Notes and all other amounts payable by the Company under this Indenture have been paid in full. If at any time any payment of the principal of, premium, if any, or interest on any Note or any other amount payable by the Company under this Indenture is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company or otherwise, each Subsidiary Guarantor’s and each JV Subsidiary Guarantor’s obligations hereunder with respect to such payment will be reinstated as though such payment had been due but not made at such time. All payments under the Subsidiary Guarantees and the JV Subsidiary Guarantees will be made in U.S. dollars.

Appears in 7 contracts

Samples: Indenture (Xinyuan Real Estate Co., Ltd.), Indenture (Xinyuan Real Estate Co., Ltd.), Indenture (Xinyuan Real Estate Co., Ltd.)

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Discharge; Reinstatement. Each The obligations of each Subsidiary Guarantor or and each JV Subsidiary Guarantor’s obligations Guarantor hereunder shall will remain in full force and effect until the principal of, premium, if any, and interest on the Notes and all other amounts payable by the Company under this Indenture have been paid in full. If at any time any payment of the principal of, premium, if any, or interest on any Note or any other amount payable by the Company under this Indenture is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company or otherwise, the obligations of each Subsidiary Guarantor’s Guarantor and each JV Subsidiary Guarantor’s obligations Guarantor hereunder with respect to such payment will be reinstated as though such payment had been due but not made at such time. All cash payments under the Subsidiary Guarantees and the JV Subsidiary Guarantees Guarantees, as the case may be, will be made in U.S. dollars.

Appears in 5 contracts

Samples: Indenture (Yin Jia Investments LTD), Indenture (Yin Jia Investments LTD), Indenture (Yin Jia Investments LTD)

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