Common use of DISCHARGE TO BE CONDITIONAL Clause in Contracts

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.

DISCHARGE TO BE CONDITIONAL. 9.1 10.01 Any release, discharge or settlement between the Guarantor and the Creditor Company in relation to this Guarantee shall be conditional upon no right, security, disposition or payment to the Creditor Company by any of the Guarantor Guarantor, the Principal 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 of creditors generally or insolvency or for any other reasonperson.

DISCHARGE TO BE CONDITIONAL. 9.1 Any release, discharge or settlement between the Guarantor and the Creditor 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 Creditor 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.

DISCHARGE TO BE CONDITIONAL. 9.1 7.1 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 or the Principal Debtor and/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.