Common use of Discharge; Reinstatement Clause in Contracts

Discharge; Reinstatement. The Guaranteeing Subsidiary’s obligations hereunder 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 the 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of, premium, if any, or interest on any Note or any other amount payable by the Company under the Indenture is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company or otherwise, the Guaranteeing Subsidiary’s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 4 contracts

Samples: Indenture (Armstrong Coal Company, Inc.), Fourth Supplemental Indenture (Armstrong Energy, Inc.), Second Supplemental Indenture (Armstrong Energy, Inc.)

AutoNDA by SimpleDocs

Discharge; Reinstatement. The Guaranteeing Subsidiary’s Subsidiary Guarantors' obligations hereunder will 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 the this Indenture shall 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of, premium, if any, or interest on any Note or any other amount payable by the Company under the this Indenture is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company or otherwise, the Guaranteeing Subsidiary’s Subsidiary Guarantors' obligations hereunder with respect to such payment will shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Indenture (Lyondell Chemical Co), Indenture (Lyondell Chemical Co)

Discharge; Reinstatement. The Guaranteeing Subsidiary’s Subsidiary Guarantors’ obligations hereunder 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 the 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of, premium, if any, or interest on any Note or any other amount payable by the Company under the this Indenture is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company or otherwise, the Guaranteeing Subsidiary’s Subsidiary Guarantors’ 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 1 contract

Samples: Indenture (Adecoagro S.A.)

AutoNDA by SimpleDocs

Discharge; Reinstatement. The Guaranteeing SubsidiaryEach Subsidiary Guarantor’s obligations hereunder 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 the 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 the Indenture is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company or otherwise, the Guaranteeing Subsidiaryeach 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.will

Appears in 1 contract

Samples: Indenture

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!