EFFECT OF BANKRUPTCY BY COMPANY. The Guarantor's obligation to pay under this Guarantee shall not be affected in any way by the institution with respect to the Company of a bankruptcy, reorganization, moratorium or similar insolvency proceeding or other relief under any bankruptcy or insolvency law affecting creditor's rights or a petition for the Company's winding-up or liquidation.
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Samples: Counterparty Guarantee Agreement (Sierra Pacific Power Co), Counterparty Guarantee Agreement (American States Water Co), Counterparty Guarantee Agreement (Nevada Power Co)
EFFECT OF BANKRUPTCY BY COMPANY. The Guarantor's obligation to ------------------------------- pay under this Guarantee shall not be affected in any way by the institution with respect to the Company of a bankruptcy, reorganization, moratorium or similar insolvency proceeding or other relief under any bankruptcy or insolvency law affecting creditor's rights or a petition for the Company's winding-up or liquidation.
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