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of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder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 29 contracts
Samples: Guaranty Agreement (ACRES Commercial Realty Corp.), Completion Guaranty Agreement (ACRES Commercial Realty Corp.), Carry Guaranty Agreement (ACRES Commercial Realty 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of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder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 Agreement (Terra Tech 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of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder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 11 contracts
Samples: Guaranty Agreement (Griffin Capital Essential Asset REIT II, Inc.), Guaranty Agreement (Griffin Capital Essential Asset REIT, Inc.), Guaranty Agreement (New York 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of the principal of or interest under the Note or any other amount payable by the Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantor’s obligations hereunder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 been due but not made at such time.
Appears in 9 contracts
Samples: Guaranty Agreement (Cim Real Estate Finance Trust, Inc.), Mezzanine 3 Guaranty and Indemnity Agreement (Ashford Hospitality Trust Inc), Mezzanine 2 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 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 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: Third Mezzanine Guaranty Agreement (Morgans Hotel Group Co.), First Mezzanine Guaranty Agreement (Morgans Hotel Group Co.), Second 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 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: Assumption Agreement (American Realty Capital Hospitality Trust, Inc.), Hospitality Investors Trust, Inc., 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, 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 5 contracts
Samples: Guaranty (Inland Real Estate Income Trust, Inc.), Guaranty Agreement (Skilled Healthcare Group Inc), Glimcher 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 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: First Mezzanine Closing (Morgans Hotel Group Co.), Closing Guaranty of Completion (Morgans Hotel Group Co.), Loan 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 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 5 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 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 (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, Second Amended (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 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: 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 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 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 3 contracts
Samples: Guaranty of Completion (Allegiant Travel CO), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Mezzanine 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 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.), Hospitality Investors Trust, Inc., 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, 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 2 contracts
Samples: Guaranty and Indemnity Agreement, 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.
Appears in 2 contracts
Samples: Assumption Agreement (American Realty Capital Hospitality Trust, Inc.), Environmental Indemnity 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 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.. [Signature Follows on Next Page]
Appears in 2 contracts
Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office 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 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: Guaranty of Payment (Allegiant Travel CO), Non Recourse Carve Out Guaranty Agreement (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 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 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 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.), Lodging Fund REIT III, 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
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
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 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
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 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 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
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 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
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
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
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 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 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 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 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 Regarding Pip Requirements (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 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: 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 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: Special Warranty Deed (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 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.. [Signature Follows on Next Page]
Appears in 1 contract
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 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 1 contract
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
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
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.)