Common use of Reinstatement of obligation to pay Clause in Contracts

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower or of any other Obligor (or similar person) on the ground that the Loan Agreement or any other Finance Document, or a payment by the Borrower or of such other Obligor, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the any Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Document, or a payment by the any Borrower or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the any Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance DocumentMaster Agreement, or a payment by the any Borrower or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of any of the Borrower Borrowers or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Documentthe Master Agreement, or a payment by any of the Borrower Borrowers or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the any Borrower or of any other Obligor Security Party (or similar person) on the ground that the Loan Agreement Agreement, the Master Agreements or any other Finance Document, or a payment by the any Relevant Borrower or of such other Obligoranother Security Party in respect of a Guaranteed Advance, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the any Borrower or of any other Obligor Security Party (or similar person) on the ground that the Loan Agreement Agreement, the Master Agreements or any other Finance Document, or a payment by the any Relevant Borrower or of such other Obligoranother Security Party in respect of a Guaranteed Tranche, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Corporate Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower Borrowers (or any of them) or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Document, or a payment by the Borrower Borrowers (or any of them) or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the either Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement, the Master Agreement or any other Finance Document, or a payment by the either Borrower or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Corporate Guarantor shall pay to the Security Trustee on its first demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Document, Document or a payment by the Borrower or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee or any other Creditor Party on its demand any amount which the Security Trustee or any Secured other Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance DocumentAgreement, or a payment by the Borrower or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance DocumentMaster Agreement, or a payment by the Borrower or of such other Obligoranother Security Party, was invalid or on any similar groundground and as a result thereof any payment previously made to such Creditor Party by the Borrower or another Security Party must be rescinded or disgorged.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its first demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower or any of any other Obligor (or similar person) on the ground that the Loan Agreement or any other Finance Document, or a payment by the Borrower or of such other Obligor, was invalid or on any similar ground.the

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower Borrowers (or any of them) or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Document, or a payment by the Borrower Borrowers (or any of them) or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its first demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Document, or a payment by the Borrower or of such other Obligorany Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the either Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement, a Master Agreement or any other Finance Document, or a payment by the either Borrower or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the a Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Documentthe Master Agreement, or a payment by the a Borrower or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee or, as the case may be, to any other Creditor Party on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Document, or a payment by the Borrower or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower or of any other Obligor (or similar person) on the ground that the Loan Agreement or any other Finance Documentthe Master Agreements, or a payment by the Borrower or of such other ObligorGuarantor, was invalid or on any similar ground.. PAYMENTS

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Document, or a payment by the Borrower or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee or, as the case may be, to any other Creditor Party on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower Borrowers or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Document, or a payment by the Borrower Borrowers or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Documentof the Master Agreements, or a payment by the Borrower or of such other Obligoranother Security Party, was invalid or on any similar ground.

Reinstatement of obligation to pay. The Guarantor shall pay to the Security Trustee on its demand any amount which any Secured Creditor Party is required, or agrees, to pay pursuant to any claim by, or settlement with, a trustee in bankruptcy of the any Borrower or of any other Obligor another Security Party (or similar person) on the ground that the Loan Agreement or any other Finance Document, Master Agreement or a payment by the Borrower Borrowers or either of such other Obligorthem or by another Security Party, was invalid or on any similar ground.