DISCHARGE TO BE CONDITIONAL. 9.1 Any release, discharge or settlement between the Guarantor and the Creditor in relation to this Guarantee shall be conditional upon no right, security, disposition or payment to the Creditor by the Guarantor and any other person being void, set aside or ordered to be refunded pursuant to any enactment or law relating to breach of duty by any person, bankruptcy, liquidation, administration, protection from creditors generally or insolvency or for any other reason.
9.2 If any such right, security, disposition or payment is void or is at any time so set aside or ordered to be refunded, the Creditor shall be entitled subsequently to demand payment under and to enforce this Guarantee against the Guarantor as if such release, discharge or settlement had not occurred and any such security, disposition or payment had not been made.
DISCHARGE TO BE CONDITIONAL. Any release, discharge or settlement between the Guarantor and the Beneficiary shall be conditional upon no security, disposition or payment to the Beneficiary by the Operator or any other person in respect of the Guaranteed Obligations being void, set aside or ordered to be refunded pursuant to any enactment or law in relation to bankruptcy, liquidation or insolvency (or its equivalent in any relevant jurisdiction) or for any reason whatever, and if such condition shall not be fulfilled the Beneficiary shall be entitled to enforce this Deed of Guarantee and Indemnity as if such release, discharge or settlement had not occurred and any such payment had not been made.
DISCHARGE TO BE CONDITIONAL. 6.1 Any release, discharge or settlement between the Guarantor and TTL in relation to this Guarantee shall be conditional upon no right, security, disposition or payment to TTL by any of the Guarantor, the Service Provider and any other person being void, set aside or ordered to be refunded pursuant to any enactment or law relating to breach of duty of any person, bankruptcy, liquidation, administration, the protection of creditors or insolvency or for any other reason.
6.2 If any such right, security, disposition or payment is void or at any time so set aside or ordered to be refunded, TTL shall be entitled subsequently to enforce this Guarantee against the Guarantor as if such release, discharge or settlement had not occurred and any such security, disposition or payment had not been made.
DISCHARGE TO BE CONDITIONAL. Any release, discharge or settlement between the Guarantor and EBRD in relation to this Guarantee shall be conditional upon no right, security, disposition or payment to EBRD by the Guarantor or any other person being void, set aside or ordered to be refunded pursuant to any enactment or law relating to breach of duty by any person, bankruptcy, liquidation, administration, protection from creditors generally or insolvency or for any other reason. If any such right, security, disposition or payment is void or at any time so set aside or ordered to be refunded, EBRD shall be entitled subsequently to enforce this Guarantee against the Guarantor as if such release, discharge or settlement had not occurred and any such security, disposition or payment had not been made.
DISCHARGE TO BE CONDITIONAL. 4.1 Any release, discharge or settlement between the Parent and the Farmor shall be conditional upon no security, disposition or payment to the Farmor by the Farmee, the Parent or any other person in respect of the Guaranteed Obligations being void, set aside or ordered to be refunded pursuant to any enactment or law in relation to bankruptcy, liquidation or insolvency (or its equivalent in any relevant jurisdiction) or for any reason whatever, and if any such security, disposition or payment is avoided, set aside or ordered to be refunded the Farmor shall be entitled to enforce this Deed as if such release, discharge or settlement had not occurred and any such payment had not been made.
DISCHARGE TO BE CONDITIONAL. Any release, discharge or settlement between any of the Guarantors and the Creditor in relation to this Guarantee shall be conditional upon no right, security, disposition or payment to the Creditor by any of the Guarantors and the Principal Debtor and any other person being void, set aside or ordered to be refunded pursuant to any enactment or law relating to breach of duty by any person, bankruptcy, liquidation, administration, the protection from creditors generally or insolvency or for any other reason. If any such right, security, disposition or payment is void or at any time so set aside or ordered to be refunded, the Creditor shall be entitled subsequently to enforce this Guarantee against any of the Guarantors as if such release, discharge or settlement had not occurred and any such security, disposition or payment had not been made.
DISCHARGE TO BE CONDITIONAL. 6.1 Any release, discharge or settlement between the Guarantor and TfL in relation to this Guarantee shall be conditional upon no right, security, disposition or payment to TfL by any of the Guarantor, the Service Provider and any other person being void, set aside or ordered to be refunded pursuant to any enactment or law relating to breach of duty of any person, bankruptcy, liquidation, administration, the protection of creditors or insolvency or for any other reason.
6.2 If any such right, security, disposition or payment is void or at any time so set aside or ordered to be refunded, TfL shall be entitled subsequently to enforce this Guarantee against the Guarantor as if such release, discharge or settlement had not occurred and any such security, disposition or payment had not been made.
DISCHARGE TO BE CONDITIONAL. Any release, discharge, settlement or arrangement on the faith of any security, disposition or payment between the Guarantor and a Holder shall be conditional upon no security, disposition or payment to any of the Holders by the Company or any other Person (not being the Guarantor) being void, set aside or ordered to be refunded pursuant to any enactment or law relating to bankruptcy, liquidation or insolvency or for any reason whatever and, if such condition shall not be fulfilled, each Holder shall be entitled to enforce this Guarantee subsequently as if such release, discharge or settlement had not occurred and any such payment had not been made.
DISCHARGE TO BE CONDITIONAL. 8.1 Any release, discharge or settlement between the Guarantor and the Funder in relation to this Deed shall be conditional upon no right, Security, disposition or payment to the Funder by the Guarantor or any other person being void, set aside or ordered to be refunded pursuant to any enactment or law relating to breach of duty by any person, bankruptcy, liquidation, administration, the protection of creditors or insolvency or for any other reason.
8.2 If any such right, Security, disposition or payment is void or at any time so set aside or ordered to be refunded, the Funder shall be entitled subsequently to enforce this Deed against the Guarantor as if such release, discharge or settlement had not occurred and any such Security, disposition or payment had not been made.
DISCHARGE TO BE CONDITIONAL. 9.1 Any release, discharge or settlement between the Guarantor and the Security Agent (for the benefit of itself and the other Secured Parties) in relation to this Guarantee shall be conditional upon no right, security, disposition or payment to the Security Agent by any of the Guarantor and any other person being void, set aside or ordered to be refunded pursuant to any enactment or law relating to breach of duty by any person, bankruptcy, liquidation, administration, protection from creditors generally or insolvency or for any other reason.
9.2 If any such right, security, disposition or payment is void or at any time so set aside or ordered to be refunded, the Security Agent (for the benefit of itself and the other Secured Parties) shall be entitled subsequently to enforce this Guarantee against the Guarantor as if such release, discharge or settlement had not occurred and any such security, disposition or payment had not been made.
