Common use of Reinstatement of Lien Clause in Contracts

Reinstatement of Lien. Beneficiary’s rights hereunder shall be reinstated and revived, and the enforceability of this Mortgage shall continue, with respect to any amount at any time paid on account of any Secured Obligation which Beneficiary is thereafter required to restore or return in connection with a bankruptcy, insolvency, reorganization or similar proceeding with respect to Borrower or any other person.

Appears in 2 contracts

Samples: Credit Agreement (Pinnacle Entertainment Inc), Credit Agreement (Pinnacle Entertainment Inc)

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Reinstatement of Lien. Beneficiary’s rights hereunder shall be reinstated and revived, and the enforceability of this Mortgage Trust Deed shall continue, with respect to any amount at any time paid on account of any Secured Obligation obligations secured hereby which Beneficiary is thereafter required to restore or return in connection with a bankruptcy, insolvency, reorganization or similar proceeding with respect to Borrower or any other personBorrower.

Appears in 2 contracts

Samples: Rider to Deed of Trust With Assignment of Rents (Shopoff Properties Trust, Inc.), Rider to Deed of Trust With Assignment of Rents (Shopoff Properties Trust, Inc.)

Reinstatement of Lien. Beneficiary’s rights hereunder shall be reinstated and revived, and the enforceability of this Mortgage Deed of Trust shall continue, with respect to any amount at any time paid on account of any Secured Guaranteed Obligation which Beneficiary is thereafter required to restore or return in connection with a bankruptcy, insolvency, reorganization or similar proceeding with respect to Borrower or any other personBorrower.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Cil&d, LLC)

Reinstatement of Lien. Beneficiary’s rights hereunder shall be reinstated and revived, and the enforceability of this Mortgage Deed of Trust shall continue, with respect to any amount at any time paid on account of any Secured Obligation obligations under the Credit Agreement or any other Loan Document which Beneficiary is thereafter required to restore or return in connection with a bankruptcy, insolvency, reorganization or similar proceeding with respect to Borrower or any other personCredit Party (as defined in the Credit Agreement).

Appears in 1 contract

Samples: Deed of Trust (Westaff Inc)

Reinstatement of Lien. Beneficiary’s rights hereunder shall be reinstated and revived, and the enforceability of this Mortgage shall continue, with respect to any amount at any time paid on account of any Secured Obligation which Beneficiary is thereafter required to restore or return in connection with a bankruptcy, insolvency, reorganization or similar proceeding with respect to any Other Borrower or any other person.

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Entertainment Inc)

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Reinstatement of Lien. Beneficiary’s rights hereunder shall be reinstated and revived, and the enforceability of this Mortgage Deed of Trust shall continue, with respect to any amount at any time paid on account of any Secured Obligation which Beneficiary is thereafter required to restore or return in connection with a bankruptcy, insolvency, reorganization or similar proceeding with respect to Borrower or any other person.

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Entertainment Inc)

Reinstatement of Lien. Beneficiary’s 's rights hereunder shall will be reinstated and revived, and the enforceability of this Mortgage shall Deed of Trust will continue, with respect to any amount at any time paid on account of any Secured Obligation which Beneficiary is thereafter required to restore or return in connection with a bankruptcy, insolvency, reorganization or similar proceeding with respect to Borrower or any other personBorrower.

Appears in 1 contract

Samples: Deed of Trust

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