Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxx, the undersigned’s obligations to Xxxxxx shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 16 contracts
Samples: Guaranty (Elandia International Inc.), Subsidiary Guaranty (Certified Services Inc), Subsidiary Guaranty (Implant Sciences Corp)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxx, the undersigned’s 's obligations to Xxxxxx shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 13 contracts
Samples: Subsidiary Guaranty (American Water Star Inc), Subsidiary Guaranty (Magic Lantern Group Inc), Subsidiary Guaranty (Ventures National Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx any Creditor Party receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxxthe Creditor Parties, the undersigned’s obligations to Xxxxxx the Creditor Parties shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurusthe Creditor Parties, which payment shall be due on demand.
Appears in 9 contracts
Samples: Guaranty (Biovest International Inc), Guaranty (Accentia Biopharmaceuticals Inc), Guaranty (Rapid Link Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lxxxxx receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLxxxxx, the undersigned’s obligations to Xxxxxx Lxxxxx shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 8 contracts
Samples: Subsidiary Guaranty (Numerex Corp /Pa/), Guaranty (Numerex Corp /Pa/), Subsidiary Guaranty (Numerex Corp /Pa/)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxx, the undersigned’s obligations to Xxxxxx Lender shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 7 contracts
Samples: Guaranty (Lone Star Value Management LLC), Guaranty (MBC Funding Ii Corp.), Guaranty (Nutrition 21 Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLxxxxx, the undersigned’s obligations to Xxxxxx Lender shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 5 contracts
Samples: Guaranty (MBC Funding Ii Corp.), Subsidiary Guaranty (Digital Angel Corp), Guaranty (Emerson Radio Corp)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities guaranteed liabilitiex xxxxanteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s 's obligations to Xxxxxx Laurus shall be reinstated and this xxx xxis Guaranty shall remain in full force and foxxx xxd effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 4 contracts
Samples: Subsidiary Guaranty (Trinity Learning Corp), Subsidiary Guaranty (Gvi Security Solutions Inc), Subsidiary Guaranty (Xstream Beverage Group Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s obligations to Xxxxxx Laurus shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Modtech Holdings Inc), Securities Purchase Agreement (Modtech Holdings Inc), Loan Agreement (Cci Group Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, --------- if Xxxxxx Laurus receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxx, the undersigned’s 's obligations to Xxxxxx shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 3 contracts
Samples: Guaranty (New Century Energy Corp.), Guaranty (Texhoma Energy Inc), Guaranty (New Century Energy Corp.)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lxxxxx receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLxxxxx, the undersigned’s 's obligations to Xxxxxx Lxxxxx shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 3 contracts
Samples: Subsidiary Guaranty (Island Pacific Inc), Guaranty (Netguru Inc), Subsidiary Guaranty (Datalogic International Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLender, the undersigned’s 's obligations to Xxxxxx Lender shall be reinstated and this axx xxxs Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 3 contracts
Samples: Guaranty (Able Energy Inc), Guaranty (Tidel Technologies Inc), Guaranty (Able Energy Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxx, the undersigned’s 's obligations to Xxxxxx Lender shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 2 contracts
Samples: Guaranty (Pipeline Data Inc), Subsidiary Guaranty (Trimedia Entertainment Group Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed guarantied hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLender, the undersigned’s obligations to Xxxxxx Lender shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 2 contracts
Samples: Limited Guaranty (Spar Group Inc), Limited Guaranty (Spar Group Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities lixxxxxxies guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s 's obligations to Xxxxxx Laurus shall be reinstated and reinstaxxx xnd this Guaranty shall remain in full force and fxxxx xnd effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 2 contracts
Samples: Subsidiary Guaranty (Elec Communications Corp), Subsidiary Guaranty (Pacific Biometrics Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments xx xxyments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s obligations 's obxxxxxxons to Xxxxxx Laurus shall be reinstated and this xxxx Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 2 contracts
Samples: Subsidiary Guaranty (Bp International Inc), Subsidiary Guaranty (Netfabric Holdings, Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities guaranteed liabilitixx xxxranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s 's obligations to Xxxxxx Laurus shall be reinstated and reinstatxx xxd this Guaranty shall remain in full force and foxxx xxd effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 2 contracts
Samples: Subsidiary Guaranty (Incentra Solutions, Inc.), Subsidiary Guaranty (Incentra Solutions, Inc.)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLender, the undersigned’s obligations 's oblxxxxxxns to Xxxxxx Lender shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 1 contract
Samples: Guaranty (Pipeline Data Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLender, the undersigned’s 's obligations to Xxxxxx Lender shall be reinstated and reinstaxxx xnd this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 1 contract
Samples: Guaranty (Tidel Technologies Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx any Purchaser receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxxsuch Purchaser, the undersigned’s obligations to Xxxxxx such Purchaser shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurussuch Purchaser, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLender, the undersignedGuarantor’s obligations to Xxxxxx Lender shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 1 contract
Samples: Guaranty (Time America Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Inmark receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxInmark, the undersigned’s Guarantors' obligations to Xxxxxx Inmark shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusInmark, which payment shall be due on demand.
Appears in 1 contract
Samples: Promissory Note (Scient Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on paymxxxx xn account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s obligations to Xxxxxx 's obligatioxx xx Laurus shall be reinstated and this Guaranty Xxxxxnty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities lxxxxxxties guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s 's obligations to Xxxxxx Laurus shall be reinstated reinstxxxx and this Guaranty shall remain in full force xxxxx and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Samples: Subsidiary Guaranty (Nestor Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx __________ receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxx__________, the undersigned’s 's obligations to Xxxxxx __________ shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus__________, which payment shall be due on demand.
Appears in 1 contract
Samples: Subsidiary Guaranty (Dyntek Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed guarantied hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLender, the undersigned’s 's obligations to Xxxxxx Lender shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary --------- notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLxxxxx, the undersigned’s 's obligations to Xxxxxx Lxxxxx shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Samples: Subsidiary Guaranty (Sequiam Corp)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx receives the Purchasers receive any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxxthe Purchasers, the undersigned’s Guarantors’ obligations to Xxxxxx the Purchasers shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurusthe Purchasers, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx receives the Lender receive any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxxthe Lender, the undersigned’s obligations to Xxxxxx the Lender shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurusthe Lender, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Inmark receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxInmark, the undersigned’s Guarantor's obligations to Xxxxxx Inmark shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusInmark, which payment shall be due on demand.
Appears in 1 contract
Samples: Promissory Note (Scient Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments pxxxxxxs on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s obligations 's oblxxxxxxns to Xxxxxx Laurus shall be reinstated and this Guaranty Xxxxxxty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Samples: Guaranty (Nestor Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities liabilxxxxx guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s 's obligations to Xxxxxx Laurus shall be reinstated reinsxxxxx and this Guaranty shall remain in full force fulx xxxxe and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Samples: Subsidiary Guaranty (Windswept Environmental Group Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities guaranteed liabilitxxx xxaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s 's obligations to Xxxxxx Laurus shall be reinstated and reinstaxxx xnd this Guaranty shall remain in full force and fxxxx xnd effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lxxxxx receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, interim receiver or receiver and manager or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLxxxxx, the undersigned’s obligations to Xxxxxx Lxxxxx shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx the Lenders receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxxthe Lenders, the undersigned’s obligations to Xxxxxx the Lenders shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurusthe Lenders, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments xx xxyments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s obligations 's oxxxxxxions to Xxxxxx Laurus shall be reinstated and this xxx xxis Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Limited Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxx, the undersigned’s 's obligations to Xxxxxx Lender shall be reinstated and this Limited Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Buyer receives any payment or payments on account of the liabilities Obligations guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party Person under any Insolvency Lawbankruptcy law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxBuyer, the undersignedGuarantor’s obligations to Xxxxxx Buyer shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusBuyer, which payment shall be due on demand.
Appears in 1 contract
Samples: Stock Purchase Agreement (Employers Holdings, Inc.)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, interim receiver or receiver and manager or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxx, the undersigned’s obligations to Xxxxxx shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Samples: Guaranty (Creative Vistas Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx NFB receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxNFB, the undersigned’s Guarantor's obligations to Xxxxxx NFB shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusNFB, which payment shall be due on demand.
Appears in 1 contract
Samples: Promissory Note (Scient Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities liaxxxxxxes guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s 's obligations to Xxxxxx Laurus shall be reinstated and reinstatex xxx this Guaranty shall remain in full force xxxxe and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Samples: Subsidiary Guaranty (Conolog Corp)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLender, the undersigned’s 's obligations to Xxxxxx shall be reinstated Lender shalx xx xeinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 1 contract
Samples: Guaranty (Ep Medsystems Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities liabilitiex guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s 's obligations to Xxxxxx Laurus shall be reinstated and reinstxxxx xnd this Guaranty shall remain in full force fuxx xxxce and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Noteholders receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxNoteholders, the undersigned’s 's obligations to Xxxxxx Noteholders shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusNoteholders, which payment shall be due on demand.
Appears in 1 contract
Samples: Guaranty (Epixtar Corp)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments xxxxxnts on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s obligations 's obligxxxxxx to Xxxxxx Laurus shall be reinstated and this Guaranty thxx Xxxranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx the Lender or receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxxthe Lender, the undersigned’s obligations to Xxxxxx the Lender shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 1 contract
Samples: Guaranty (BOSTON OMAHA Corp)
Recapture. Anything in this Guaranty to the contrary notwithstanding, --------- if Xxxxxx Lender receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLender, the undersigned’s 's obligations to Xxxxxx Lender shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to LaurusLender, which payment shall be due on demand.
Appears in 1 contract
Samples: Guaranty (Texhoma Energy Inc)
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx the Lenders receives any payment or payments on account of the liabilities guaranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by Xxxxxxthe Lenders, the undersigned’s 's obligations to Xxxxxx the Lenders shall be reinstated and this Guaranty shall remain in full force and effect (or be reinstated) until payment shall have been made to Laurusthe Lenders, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities guaranteed liabilitixx xxxranteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s 's obligations to Xxxxxx Laurus shall be reinstated and this xxx xhis Guaranty shall remain in full force and fxxxx xnd effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract
Recapture. Anything in this Guaranty to the contrary notwithstanding, if Xxxxxx Laurus receives any payment or payments on account of the liabilities guaranteed xxxxxnteed hereby, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver, or any other party under any Insolvency Law, common law or equitable doctrine, then to the extent of any sum not finally retained by XxxxxxLaurus, the undersigned’s 's obligations to Xxxxxx Laurus shall be reinstated and this axx xxxs Guaranty shall remain in full force and forxx xxx effect (or be reinstated) until payment shall have been made to Laurus, which payment shall be due on demand.
Appears in 1 contract