Common use of Obligations Reinstated Clause in Contracts

Obligations Reinstated. Subject to Section 10.04, the Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 10 contracts

Samples: Indenture (Light & Wonder, Inc.), Indenture (Scientific Games Corp), Indenture (Scientific Games Corp)

AutoNDA by SimpleDocs

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the such Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 9 contracts

Samples: Indenture (Clean Harbors Inc), Clean Harbors Inc, Indenture (Clean Harbors Inc)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Subsidiary Guarantor hereunder under this Indenture shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Subsidiary Guarantor hereunder under this Indenture (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a Subsidiary Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any Subsidiary Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Subsidiary Guarantor as provided herein.

Appears in 9 contracts

Samples: Chaparral Energy, Inc., Indenture (Chaparral Energy, Inc.), Indenture (Chaparral Energy, Inc.)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Subsidiary Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Subsidiary Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Subsidiary Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Subsidiary Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Subsidiary Guarantor as provided herein.

Appears in 6 contracts

Samples: Indenture (Penn National Gaming Inc), Indenture (Magnum Hunter Resources Inc), Atc Group Services Inc /De/

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Issuers or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Issuers or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Issuers is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the such Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 5 contracts

Samples: Quality Distribution Inc, Quality Distribution Inc, Quality Distribution Inc

Obligations Reinstated. Subject to Section 10.0411.04, the Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 4 contracts

Samples: Indenture (Scientific Games Corp), Indenture (Scientific Games Corp), Indenture (Scientific Games Corp)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Issuers or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the either Issuer or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the either Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the such Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 4 contracts

Samples: Progress Rail Services (Progress Rail Services, Inc.), RPP Capital Corp, RPP Capital Corp

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any each Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a such Guarantor) is rescinded or reclaimed from any of the Holders and the Trustee upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any such Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 3 contracts

Samples: Intercreditor Agreement (Manitowoc Co Inc), Indenture (Manitowoc Foodservice, Inc.), Indenture (Manitowoc Co Inc)

Obligations Reinstated. Subject to Section 10.04, The obligations of the Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any the Guarantor hereunder (whether such payment shall have been made by or on behalf of the either Issuer or by or on behalf of a the Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the either Issuer or any the Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the either Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the either Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each the Guarantor as provided herein.

Appears in 3 contracts

Samples: Charter Communications Holdings Capital Corp, Charter Communications Holdings Capital Corp, Charter Communications Holdings Capital Corp

Obligations Reinstated. Subject to Section 10.049.04, the Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 2 contracts

Samples: Note Agreement (Casual Male Retail Group Inc), Note Agreement (Designs Inc)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each ---------------------- Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any each Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a such Guarantor) is rescinded or reclaimed from any of the Holders and the Trustee upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any such Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 2 contracts

Samples: Sola International Inc, Manitowoc Co Inc

Obligations Reinstated. Subject to Section 10.0411.04, the Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 2 contracts

Samples: Indenture (Scientific Games Corp), Indenture (Scientific Games Corp)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder under this Indenture shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder under this Indenture (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 2 contracts

Samples: First Supplemental Indenture (GMX Resources Inc), Indenture (GMX Resources Inc)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 2 contracts

Samples: Indenture (Standard Commercial Corp), Indenture (Cbocs Sierra Inc)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the an Issuer or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the an Issuer or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the an Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the an Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Natg Holdings LLC

Obligations Reinstated. Subject to Except as provided in Section 10.041403, the Obligations obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Fred Meyer Inc

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a Guarantor) is rescinded or reclaimed from JPMorgan or any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Master Issuing and Paying Agency Agreement (Lennar Corp /New/)

Obligations Reinstated. Subject to Section 10.04Except as provided in Sections 11.3 and 11.4, the Obligations obligations of each the Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any the Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a the Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any Guarantor an Obligor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each the Guarantor as provided herein.

Appears in 1 contract

Samples: Indenture (Best Buy Co Inc)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each ---------------------- Guarantor hereunder under its Guarantee shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations such obligations of any such Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a such Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any such Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each such Guarantor as provided hereinherein subject to Section 13.3.

Appears in 1 contract

Samples: Indenture (New Horizons of Yonkers Inc)

Obligations Reinstated. Subject to Section 10.04, the The Obligations of each Parent Guarantor hereunder under its Parent Guaranty shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the such Obligations of any Parent Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a Parent Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer or any Parent Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Parent Guarantor as provided herein.

Appears in 1 contract

Samples: Second Supplemental Indenture (Golden Books Family Entertainment Inc)

AutoNDA by SimpleDocs

Obligations Reinstated. Subject to Section 10.04, the The Guarantor Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Guarantor Obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Guarantor) is rescinded or reclaimed from the Trustee or any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Indenture (Heritage Property Investment Limited Partnership)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder and under its Guaran tee shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder and under its Guarantee (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization reorgani zation of the IssuerCompany, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided hereinherein and under its Guarantee.

Appears in 1 contract

Samples: Unilab Corp /De/

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Subsidiary Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Subsidiary Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Issuers or by or on behalf of a Subsidiary Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the either Issuer or any Subsidiary Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Issuers is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the either Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Subsidiary Guarantor as provided herein.. 90 145385.01

Appears in 1 contract

Samples: Abraxas Petroleum Corp

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder under this Agreement shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder under this Agreement (whether such payment shall have been made by or on behalf of the an Issuer or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Note Holders upon the insolvency, bankruptcy, liquidation or reorganization of the an Issuer or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the an Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the such Issuer, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Note and Unit Subscription Agreement (Carlyle Group L.P.)

Obligations Reinstated. Subject to Section 10.04, the The Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Company, the Issuer or any Subsidiary Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be by payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Indenture (Southwest Royalties Holdings Inc)

Obligations Reinstated. Subject to Section 10.04, the Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Indenture (Autotote Corp)

Obligations Reinstated. Subject to Section 10.04, The obligations of the Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any the Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Partners, the Partnership or by or on behalf of a the Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Partners, Partnership or any the Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Partnership is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuersuch Partnership, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each the Guarantor as provided herein.

Appears in 1 contract

Samples: Indenture (RPM International Inc/De/)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Subsidiary Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Subsidiary Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Subsidiary Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Subsidiary Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Subsidiary Guarantor as provided herein. Section 10.09.

Appears in 1 contract

Samples: Sitel Corp

Obligations Reinstated. Subject to Except as provided in Section 10.0411.4, the Obligations obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Indenture (Best Buy Co Inc)

Obligations Reinstated. Subject to Section 10.0411.04, the Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Autotote Corp

Obligations Reinstated. Subject to Except as provided in Section 10.04, the Obligations obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations Indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Nations Title Co Inc

Obligations Reinstated. Subject to Section 10.04, the The Obligations of each Guarantor hereunder shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders upon the insolvency, bankruptcy, liquidation or reorganization of the Company, the Issuer or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer, all such Obligations indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be by payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Indenture (Southwest Royalties Inc)

Obligations Reinstated. Subject to Section 10.04, the Obligations The obligations of each Guarantor hereunder shall shall, to the fullest extent permitted by law, continue to be effective or shall be reinstated, as the case may be, if at any time any payment which would otherwise have reduced the Obligations obligations of any Guarantor hereunder (whether such payment shall have been made by or on behalf of the Issuer Company or by or on behalf of a Guarantor) is rescinded or reclaimed from any of the Holders Guaranteed Parties upon the insolvency, bankruptcy, liquidation or reorganization of the Issuer Company or any Guarantor or otherwise, all as though such payment had not been made. If demand for, or acceleration of the time for, payment by the Issuer Company is stayed upon the insolvency, bankruptcy, liquidation or reorganization of the IssuerCompany, all such Obligations indebtedness otherwise subject to demand for payment or acceleration shall nonetheless be payable by each Guarantor as provided herein.

Appears in 1 contract

Samples: Paging Network Do Brazil Sa

Time is Money Join Law Insider Premium to draft better contracts faster.