Common use of Discharge; Reinstatement Clause in Contracts

Discharge; Reinstatement. Each Guarantor’s obligations hereunder will remain in full force and effect until the principal of, and interest on, the Notes and all other amounts payable by the Issuer under the Indenture have been paid in full. If at any time any payment of the principal of, or interest on, any Note or any other amount payable by the Issuer under the Indenture is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Issuer or otherwise, each Guarantor’s obligations hereunder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.

Appears in 5 contracts

Samples: Supplemental Indenture (Kennedy-Wilson Holdings, Inc.), Supplemental Indenture (Kennedy-Wilson Holdings, Inc.), Supplemental Indenture (Kennedy-Wilson Holdings, Inc.)

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Discharge; Reinstatement. Each Guarantor’s obligations hereunder will remain in full force and effect until the principal of, of and interest on, on the Notes Securities of each series and all other amounts payable by the Issuer under the Indenture have been paid in full. If at any time any payment of the principal of, of or interest on, on any Note Security or any other amount payable by the Issuer under the Indenture is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Issuer or otherwise, each Guarantor’s obligations hereunder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.

Appears in 3 contracts

Samples: Indenture (NBCUniversal Media, LLC), Indenture (Comcast Corp), Supplemental Indenture (Comcast Corp)

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Discharge; Reinstatement. Each Guarantor’s obligations hereunder will remain in full force and effect until the principal of, of and interest on, on the Notes Securities of each series and all other amounts payable by the Issuer under the Indenture have been paid in full. If at any time any payment of the principal of, of or interest on, on any Note Security or any other amount payable by the Issuer under the Indenture is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Issuer or otherwise, each Guarantor’s obligations hereunder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.. 63

Appears in 1 contract

Samples: Indenture (Comcast Corp)

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