Common use of Reinstatement in Certain Circumstances Clause in Contracts

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 33 contracts

Samples: Guaranty Agreement (ACRES Commercial Realty Corp.), Completion Guaranty Agreement (ACRES Commercial Realty Corp.), Carry Guaranty Agreement (ACRES Commercial Realty Corp.)

AutoNDA by SimpleDocs

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 26 contracts

Samples: Guaranty Agreement (Nexpoint Diversified Real Estate Trust), Guaranty Agreement (Griffin Capital Essential Asset REIT II, Inc.), Guaranty Agreement (Griffin Capital Essential Asset REIT, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 18 contracts

Samples: Limited Recourse Guaranty (Generation Income Properties, Inc.), Guaranty Agreement (Terra Tech Corp.), Guaranty of Recourse Obligations (TPG RE Finance Trust, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 13 contracts

Samples: Guaranty (Inland Real Estate Income Trust, Inc.), Guaranty (Glimcher Realty Trust), Guaranty (Charming Shoppes Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 9 contracts

Samples: Guaranty Agreement (Cim Real Estate Finance Trust, Inc.), Guaranty and Indemnity Agreement (Ashford Hospitality Trust Inc), Guaranty and Indemnity Agreement (Ashford Hospitality Trust Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the any Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the any Borrower or otherwise, the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 8 contracts

Samples: Guaranty Agreement (Morgans Hotel Group Co.), Third Mezzanine Guaranty Agreement (Morgans Hotel Group Co.), Mezzanine Guaranty Agreement (Morgans Hotel Group Co.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower Borrowers under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the any Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 8 contracts

Samples: Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc), Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc), Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 7 contracts

Samples: Guaranty (Owens Realty Mortgage, Inc.), Guaranty (Owens Realty Mortgage, Inc.), Guaranty (IMH Financial Corp)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 7 contracts

Samples: Mezzanine Guaranty (Hospitality Investors Trust, Inc.), Guaranty (Hospitality Investors Trust, Inc.), Mezzanine Guaranty of Recourse Obligations (Hospitality Investors Trust, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, then, upon the restoration or return of such payments, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 6 contracts

Samples: Guaranty Agreement (MGM Resorts International), Guaranty Agreement (MGM Resorts International), Guaranty Agreement (CorePoint Lodging Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, if and to the extent such payment is in satisfaction of a Guaranteed Obligation, the Guarantor’s obligations hereunder with respect to such payment of the Guaranteed Obligation shall be reinstated as though such payment has been due but not made at such time.

Appears in 6 contracts

Samples: Non Recourse Guaranty, Non Recourse Guaranty (Maguire Properties Inc), Non Recourse Guaranty (Maguire Properties Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the any Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or otherwise, the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 5 contracts

Samples: Third Mezzanine Closing Guaranty of Completion (Morgans Hotel Group Co.), Guaranty of Completion (Morgans Hotel Group Co.), Guaranty of Completion (Morgans Hotel Group Co.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 4 contracts

Samples: Completion Guaranty Agreement (Lodging Fund REIT III, Inc.), Guaranty of Recourse Obligations (Inland Diversified Real Estate Trust, Inc.), Guaranty of Recourse Obligations (Unsecured) (Inland Diversified Real Estate Trust, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under on the Note Loans or any other amount payable by the Borrower Borrowers under the Loan Transaction Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower a Borrower, or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 4 contracts

Samples: Non Recourse Carveout Guaranty Agreement, Non Recourse Carveout Guaranty Agreement (Owl Rock Capital Corp II), Non Recourse Carveout Guaranty Agreement (Owl Rock Capital Corp II)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 4 contracts

Samples: Guaranty of Recourse Obligations (Alexanders Inc), Guaranty of Completion (Allegiant Travel CO), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 4 contracts

Samples: Guarantee (Prime Group Realty Trust), Guaranty Agreement (Skilled Healthcare Group Inc), Guaranty of Payment (Skilled Healthcare Group Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under on the Note Loans or any other amount payable by the Borrower under the Loan Transaction Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Borrower, or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 3 contracts

Samples: Non Recourse Carveout Guaranty Agreement (Kennedy Lewis Capital Co), Non Recourse Carveout Guaranty Agreement (Stone Point Credit Corp), Non Recourse Carveout Guaranty Agreement (Apollo Debt Solutions BDC)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower Borrowers under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the either Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 3 contracts

Samples: Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (MPG Office Trust, Inc.), Guaranty Agreement (Maguire Properties Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower or any Individual Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Individual Borrower or Borrower or otherwise, the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 3 contracts

Samples: Guaranty of Recourse Obligations (Hospitality Investors Trust, Inc.), Guaranty of Recourse Obligations (Hospitality Investors Trust, Inc.), Guaranty of Recourse Obligations (Hospitality Investors Trust, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwiseotherwise then, upon the restoration or return of such payments, Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 3 contracts

Samples: Guaranty Agreement (BRE Select Hotels Corp), Guaranty Agreement (BRE Select Hotels Corp), Guaranty Agreement (BRE Select Hotels Corp)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 3 contracts

Samples: Guaranty of Recourse Obligations (Generation Income Properties, Inc.), Guaranty of Recourse Obligations (American Realty Capital Hospitality Trust, Inc.), Guaranty of Recourse Obligations (American Realty Capital Hospitality Trust, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by any one or both of the Borrower Borrowers under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or Borrowers or otherwise, the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 2 contracts

Samples: Guaranty of Recourse Obligations (American Realty Capital Hospitality Trust, Inc.), Real Estate Sale Agreement (W2007 Grace Acquisition I Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower or Operating Lessee under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or Operating Lessee or otherwise, then, upon the restoration or return of such payments, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 2 contracts

Samples: Guaranty Agreement (Park Hotels & Resorts Inc.), Guaranty Agreement (Park Hotels & Resorts Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 2 contracts

Samples: Guaranty of Recourse Obligations (Lodging Fund REIT III, Inc.), Guaranty of Recourse Obligations (Lodging Fund REIT III, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment on account of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents Guaranteed Obligation is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 2 contracts

Samples: Guaranty of Recourse Obligations (Behringer Harvard Reit I Inc), Guaranty of Recourse Obligations (Behringer Harvard Reit I Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder hereunder, if any, with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 2 contracts

Samples: Non Recourse Carve Out Guaranty Agreement (Allegiant Travel CO), Guaranty of Payment (Allegiant Travel CO)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 2 contracts

Samples: Guaranty (Prime Group Realty Trust), Guaranty (Prime Group Realty Trust)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 2 contracts

Samples: Guaranty Agreement (Five Point Holdings, LLC), Mezzanine Guaranty Agreement (Five Point Holdings, LLC)

Reinstatement in Certain Circumstances. If at any time time, any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy bankruptcy, or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder under this Guaranty with respect to such payment shall will be reinstated as though such payment has had been due due, but not made made, at such time.

Appears in 1 contract

Samples: Guaranty (TNP Strategic Retail Trust, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note Loan Agreement or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Indemnification & Liability (CURO Group Holdings Corp.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment has been is, at the time of reinstatement, due but has not been made at such time.

Appears in 1 contract

Samples: Guaranty Agreement (Hcp, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.. [NO FURTHER TEXT ON THIS PAGE]

Appears in 1 contract

Samples: Guaranty and Indemnity Agreement

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note Loan Documents or any other amount payable by the Borrower Borrowers under the Loan Documents is are rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the any Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (CBL & Associates Properties Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under on the Note Loans or any other amount payable by the a Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower a Borrower, or otherwise, the each Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (CBRE Acquisition Holdings, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Guaranty (Prime Group Realty Trust)

AutoNDA by SimpleDocs

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents or the Bloomberg Lease is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 1 contract

Samples: Guaranty (Alexanders Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note Notes or any other amount payable by the Borrower Issuers under the Loan Financing Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower any Issuer or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Guaranty Agreement (Kerzner International LTD)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note Loan Agreement or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Indemnity Guaranty (Katapult Holdings, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hudson Pacific Properties, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 1 contract

Samples: Guaranty of Recourse Obligations (Bluerock Residential Growth REIT, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 1 contract

Samples: Non Recourse Guaranty (Net Element International, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower Debtor under the Loan Documents Note is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Debtor or otherwise, . the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 1 contract

Samples: Guaranty (Naturade Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the each Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 1 contract

Samples: Guaranty (Assisted 4 Living, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or the Indemnity Guaranty or any other amount payable by the Borrower or Guarantor under the Loan Documents or the Security Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be immediately reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Guaranty (GMH Communities Trust)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note Loan or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the each Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.

Appears in 1 contract

Samples: Guaranty Agreement (Altitude International Holdings, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower or Property Owner under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwiseProperty Owner or otherwise then, upon the restoration or return of such payments, Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Guaranty Agreement (ESH Hospitality, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.. Guaranty & Indemnity Agreement

Appears in 1 contract

Samples: Guaranty and Indemnity Agreement (Ashford Hospitality Trust Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by any one or both of the Borrower Borrowers under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or Borrowers or otherwise, the Guarantor’s Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment has had been due but not made at such time.. 20 Guaranty of Recourse Obligations

Appears in 1 contract

Samples: Real Estate Sale Agreement (American Realty Capital Hospitality Trust, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned to Borrower upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment payment, to the extent same constitute Guaranteed Obligations hereunder, shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Guaranty Agreement (BlueLinx Holdings Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note Notes or any other amount payable by the any Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the any Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Guaranty Agreement (Inland American Real Estate Trust, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note Loan Documents or any other amount payable by the any Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the any Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (CBL & Associates Properties Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents Note is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Guaranty (MHI Hospitality CORP)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower Borrowers or Guarantor under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Borrowers or Guarantor or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Guaranty of Recourse Carveouts (EnerJex Resources, Inc.)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or the Indemnity Guaranty or any other amount payable by the Borrower or any Guarantor under the Loan Documents or the Security Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the such Guarantor’s obligations hereunder with respect to such payment shall be immediately reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Guaranty (GMH Communities Trust)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the any Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the any Borrower or otherwise, the each Guarantor’s 's obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.

Appears in 1 contract

Samples: Guaranty of Recourse Obligations (Ventas Inc)

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time.. [NO FURTHER TEXT ON THIS PAGE] Guaranty & Indemnity Agreement

Appears in 1 contract

Samples: Guaranty and Indemnity Agreement

Reinstatement in Certain Circumstances. If at any time any payment of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time. EXECUTED as of the day and year first above written.

Appears in 1 contract

Samples: Limited Recourse Guaranty Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!