Common use of Reinstatement of Rights Clause in Contracts

Reinstatement of Rights. ‌ Under law relating to a person who is Insolvent, a person may claim that a transaction (including a payment) in relation to this agreement is void or voidable. If a claim is made and upheld, conceded or compromised, then:

Appears in 7 contracts

Samples: Upgrade Agreement, Upgrade Agreement, Upgrade Agreement

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Reinstatement of Rights. Under a law relating to a person who is Insolvent, insolvency a person may claim that a transaction (including a payment) in relation to this agreement connection with the total amount owing is void or voidable. If a claim is made and upheld, conceded or compromised, then:

Appears in 5 contracts

Samples: General Security Agreement, Security Agreement, General Security Agreement

Reinstatement of Rights. Under law relating to a person who is Insolvent, a person may claim that a transaction (including a payment) in relation to this agreement is void or voidable. If a claim is made and upheld, conceded or compromised, then:

Appears in 4 contracts

Samples: Upgrade Agreement, Upgrade Agreement, Upgrade Agreement

Reinstatement of Rights. Under a law relating to a person who is Insolvent, insolvency a person may claim that a transaction (including a payment) in relation to connection with this facility agreement is void or voidable. If a claim is made and upheld, conceded or compromised, then:

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement

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Reinstatement of Rights. Under law relating to a person who is InsolventInsolvency, a person may claim that a transaction (including a payment) in relation to this agreement connection with the Secured Money is void or voidable. If a claim is made and upheld, conceded or compromised, then:

Appears in 1 contract

Samples: Armstrong World Industries Inc

Reinstatement of Rights. Under a law relating to a person who is Insolvent, insolvency a person may claim that a thata transaction (including a payment) in relation to this connection with thisfacility agreement is void or voidable. If a claim is made and upheldandupheld, conceded or compromised, then:

Appears in 1 contract

Samples: www.boqspecialist.com.au

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