Reinstatement in Certain Circumstances. If at any time any payment in whole or in part of any of the Guaranteed Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of WWI, any other Obligor or otherwise, WWI's obligations under this Article VIII with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
Appears in 3 contracts
Samples: Amendment No. 4 (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc), Credit Agreement (Gutbusters Pty LTD)
Reinstatement in Certain Circumstances. If at any time any payment in whole or in part of any of the Guaranteed Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of WWI, any other Obligor or otherwise, WWI's obligations under this Article ARTICLE VIII with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
Appears in 2 contracts
Samples: Credit Agreement (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc)
Reinstatement in Certain Circumstances. If at any time any payment in whole or in part of any of the Guaranteed Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of WWI, any other Obligor or otherwise, WWI's ’s obligations under this Article VIII with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
Appears in 1 contract
Samples: Amendment No. 5 (Weight Watchers International Inc)
Reinstatement in Certain Circumstances. If at any time any payment in whole or in part of any of the Guaranteed Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of WWI, any other Obligor or -82- otherwise, WWI's obligations under this Article ARTICLE VIII with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
Appears in 1 contract
Samples: Credit Agreement (Weight Watchers International Inc)