Payments Returned. Mxxxxxxxx agrees that, if at any time all or any part of any payment previously applied by Mortgagee to the Debt is or must be returned by Mortgagee--or recovered from Mortgagee--for any reason (including the order of any bankruptcy court), this Deed of Trust shall automatically be reinstated to the same effect as if the prior application had not been made, and, in addition, Mxxxxxxxx hereby agrees to indemnify Mortgagee against, and to save and hold Mortgagee harmless from any required return by Mortgagee--or recovery from Mortgagee--of any such payment because of its being deemed preferential under applicable bankruptcy, receivership or insolvency laws, or for any other reason.
Payments Returned. Guarantor agrees that, if at any time all or any part of any payment previously applied by any Lender or Agent to the Debt is or must be returned by any Lender or Agent--or recovered from any Lender or Agent-- for any reason (including the order of any bankruptcy court), this Guaranty shall automatically be reinstated to the same effect as if the prior application had not been made, and, in addition, Guarantor hereby agrees to indemnify the Lenders and Agent against, and to save and hold the Lenders and Agent harmless from any required return by any Lender or Agent--or recovery from any Lender or Agent--of any such payment because of its being deemed preferential under applicable bankruptcy, receivership or insolvency laws, or for any other reason. ARTICLE 4 Guarantor warrants and represents as follows:
Payments Returned. Guarantor agrees that, if at any time all or any part of any payment previously applied by Lender to the Obligation is or must be returned by Lender—or recovered from Lender—for any reason (including the order of any bankruptcy court), this Guaranty shall automatically be reinstated to the same effect as if the prior application had not been made, and, in addition, each Guarantor hereby agrees to indemnify Lender against, and to save and hold Lender harmless from any required return by Lender—or recovery from Lender—of any such payment because of its being deemed preferential under applicable bankruptcy, receivership or insolvency laws, or for any other reason.
Payments Returned. Each Guarantor agrees that, if at any time all or any part of any payment previously applied by Administrative Agent or any Lender to the Debt is or must be returned by Administrative Agent or any Lender--or recovered from Administrative Agent or any Lender--for any reason (including the order of any bankruptcy court), this Guaranty shall automatically be reinstated to the same effect as if the prior application had not been made, and, in addition, each Guarantor hereby agrees to indemnify Administrative Agent and each Lender against, and to save and hold Administrative Agent and each Lender harmless from any required return by Administrative Agent or any Lender--or recovery from Administrative Agent or any Lender--of any such payment made by such Guarantor because of its being deemed preferential under applicable bankruptcy, receivership or insolvency laws, or for any other reason other than the gross negligence or willful misconduct of Administrative Agent or the applicable Lender, as the case may be.
Payments Returned. Guarantor agrees that, if at any time all or any part of any payment previously applied by Lender to the Debt is or must be returned by Lender--or recovered from Lender--for any reason (including the order of any bankruptcy court), this Guaranty shall automatically be reinstated to the same effect as if the prior application had not been made.
Payments Returned. Guarantor agrees that, if at any time all or any part of any payment previously applied by the Agent to the Guaranteed Debt is or must be returned by the Agent -- or recovered from the Agent -- for any reason (including the order of any bankruptcy court), this Guaranty shall automatically be reinstated to the same effect as if the prior application had not been made, and, in addition (although without duplication of any recovery or other remedy), Guarantor hereby agrees to indemnify the Agent against, and to save and hold it harmless from any required return by the Agent -- or recovery from it -- of any such payment because of its being deemed preferential under applicable bankruptcy, receivership or insolvency Laws, or for any other reason.
Payments Returned. Guarantor agrees that, if at any time all or any part of any payment previously applied by Administrative Agent or any Lender to the Debt is or must be returned by Administrative Agent or any Lender or recovered from Administrative Agent or any Lender for any reason (including the order of any bankruptcy court), this Guarantee shall automatically be reinstated to the same effect as if the prior application had not been made, and, in addition, Guarantor hereby agrees to indemnify Administrative Agents and Lenders against, and to save and hold Administrative Agents and Lenders harmless from any required return by Administrative Agent and any Lender or recovery from Administrative Agent or any Lender of any such payment because of its being deemed preferential under applicable bankruptcy, receivership or insolvency laws, or for any other reason.
Payments Returned. Guarantors agree that, if at any time all or any part of any payment previously applied by Any Purchaser to the Debt is or must be returned by any Purchaser--or recovered from any Purchaser--for any legally binding reason (including the order of any bankruptcy court), to the extent not prohibited by applicable law, this Guaranty shall automatically be reinstated to the same effect as if the prior application had not been made, and, in addition, each Guarantor hereby agrees, to the extent not prohibited by applicable law, to indemnify each Purchaser against, and to save and hold each Purchaser harmless from any required return by any Purchaser--or recovery from any Purchaser--of any such payment because of its being deemed preferential under applicable bankruptcy, receivership or insolvency laws, or for any other reason. Article IV Each Guarantor warrants and represents as follows:
Payments Returned. Guarantors agree that, if at any time all or any part of any payment previously applied by Agent to the Debt is or must be returned by any Bank or Agent--or recovered from any Bank or Agent--for any legally binding reason (including the order of any bankruptcy court), to the extent not prohibited by applicable law, this Guaranty shall automatically be reinstated to the same effect as if the prior application had not been made, and, in addition, each Guarantor hereby agrees, to the extent not prohibited by applicable law, to indemnify each Bank and Agent against, and to save and hold each Bank and Agent harmless from any required return by any Bank or Agent--or recovery from any Bank or Agent--of any such payment because of its being deemed preferential under applicable bankruptcy, receivership or insolvency laws, or for any other reason.
Payments Returned. Guarantors agree that, if at any time all or any part of any payment previously applied by any Purchaser to the Debt is or must be returned by any Purchaser- -or recovered from any Purchaser--for any legally binding reason (including the order of any bankruptcy court), to the extent not prohibited by applicable law, this Guaranty shall automatically be reinstated to the same effect as if the prior application had not been made, and, in addition, each Guarantor hereby agrees, to the extent not prohibited by applicable law, to indemnify each Purchaser against, and to save and hold each Purchaser harmless from any required return by any Purchaser--or recovery from any Purchaser--of any such payment because of its being deemed preferential under application bankruptcy, receivership or insolvency laws, or for any other reason.
