Common use of Reinstatement; Stay of Acceleration Clause in Contracts

Reinstatement; Stay of Acceleration. If at any time any payment of any portion of the Guaranteed Obligations (including a payment effected through exercise of a right of setoff) is rescinded, or must otherwise be restored or returned upon the insolvency, bankruptcy, or reorganization of any Borrower or otherwise (including pursuant to any settlement entered into by a Secured Party in its discretion), each Loan Guarantor’s obligations under this Loan Guaranty with respect to that payment will be reinstated at such time as though the payment had not been made and whether or not the Administrative Agent, the Issuing Banks, and the Lenders are in possession of this Loan Guaranty. If acceleration of the time for payment of any of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy, or reorganization of any Borrower, all such amounts otherwise subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations will nonetheless be payable by the Loan Guarantors forthwith on demand by the Administrative Agent.

Reinstatement; Stay of Acceleration. If at any time any payment of any portion of the Guaranteed Obligations (including a payment effected through exercise of a right of setoff) is rescinded, rescinded or must otherwise be restored or returned upon the insolvency, bankruptcy, or reorganization of any Borrower or otherwise (including pursuant to any settlement entered into by a Secured Party Lender in its discretion), each Loan Guarantor’s obligations under this Loan Guaranty with respect to that payment will shall be reinstated at such time as though the payment had not been made and whether or not the Administrative Agent, the Issuing Banks, and the Lenders are Lender is in possession of this Loan Guaranty. If acceleration of the time for payment of any of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy, bankruptcy or reorganization of any Borrower, all such amounts otherwise subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations will shall nonetheless be payable by the Loan Guarantors forthwith on demand by the Administrative Agent.Lender.‌

Reinstatement; Stay of Acceleration. If at any time any payment of any portion of the Guaranteed Obligations (including a payment effected through exercise of a right of setoff) is rescinded, rescinded or must otherwise be restored or returned upon the insolvency, bankruptcy, or reorganization of any Borrower or otherwise (including pursuant to any settlement entered into by a Secured Party in its discretion)otherwise, each Loan Guarantor’s 's obligations under this Loan Guaranty with respect to that payment will shall be reinstated at such time as though the payment had not been made and whether or not the Administrative AgentAgents, the Issuing BanksBank, the Lenders, the Export-Related Lender and the Lenders any Other Secured Parties are in possession of this Loan Guaranty. If acceleration of the time for payment of any of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy, bankruptcy or reorganization of any Borrower, all such amounts otherwise subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations will shall nonetheless be payable by the Loan Guarantors forthwith on demand by the Administrative AgentLender, the Export-Related Lender, any Other Secured Parties and the Issuing Bank.

Reinstatement; Stay of Acceleration. If at any time any payment of any portion of the Guaranteed Obligations (including a payment effected through exercise of a right of setoff) is rescinded, rescinded or must otherwise be restored or returned upon the insolvency, bankruptcy, or reorganization of any Borrower or otherwise (including pursuant to any settlement entered into by a Secured Party in its discretion), each Loan Guarantor’s obligations under this Loan Guaranty with respect to that payment will shall be reinstated at such time as though the payment had not been made and whether or not the Administrative Agent, the Issuing Banks, and the Lenders are Lender is in possession of this Loan Guaranty. If acceleration of the time for payment of any of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy, bankruptcy or reorganization of any Borrower, all such amounts otherwise subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations will shall nonetheless be payable by the Loan Guarantors forthwith on demand by the Administrative AgentLender.

Reinstatement; Stay of Acceleration. If at any time any payment of any portion of the Guaranteed Obligations (including a payment effected through exercise of a right of setoff) is rescinded, or must otherwise be restored or returned upon the insolvency, bankruptcy, bankruptcy or reorganization of any Borrower or otherwise (including pursuant to any settlement entered into by a Secured Party Lender in its discretion), each Loan Guarantor’s obligations under this Loan Guaranty with respect to that payment will shall be reinstated at such time as though the payment had not been made and whether or not the Administrative Agent, the Issuing Banks, and the Lenders are Lender is in possession of this Loan Guarantyguaranty. If acceleration of the time for payment of any of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy, bankruptcy or reorganization of any Borrower, all such amounts otherwise subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations will shall nonetheless be payable by the Loan Guarantors forthwith on demand by the Administrative AgentLender.

Reinstatement; Stay of Acceleration. If at any time any payment of any portion of the Guaranteed Obligations (including a payment effected through exercise of a right of setoff) is rescinded, rescinded or must otherwise be restored or returned upon the insolvency, bankruptcy, or reorganization of any the Borrower or otherwise (including pursuant to any settlement entered into by a Secured Loan Party in its discretion), each Loan Guarantor’s obligations under this Loan Guaranty with respect to that payment will shall be reinstated at such time as though the payment had not been made and whether or not the Administrative Agent, the Issuing Banks, and the Lenders are Lender is in possession of this Loan Guaranty. If acceleration of the time for payment of any of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy, bankruptcy or reorganization of any the Borrower, all such amounts otherwise subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations will shall nonetheless be payable by the Loan Guarantors forthwith on demand by the Administrative AgentLender.

Reinstatement; Stay of Acceleration. If at any time any payment of any portion of the Guaranteed Obligations (including a payment effected through exercise of a right of setoff) is rescinded, or must otherwise be restored or returned upon the insolvency, bankruptcy, bankruptcy or reorganization of any the Borrower or otherwise (including pursuant to any settlement entered into by a Secured Party Lender in its discretion), each Loan Guarantor’s obligations under this Loan Guaranty Section 12 with respect to that payment will shall be reinstated at such time as though the payment had not been made and whether or not the Administrative Agent, the Issuing Banks, and the Lenders are Lender is in possession of this Loan Guarantyguaranty. If acceleration of the time for payment of any of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy, bankruptcy or reorganization of any the Borrower, all such amounts otherwise subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations will shall nonetheless be payable by the Loan Guarantors forthwith on demand by the Administrative AgentLender.

Reinstatement; Stay of Acceleration. If at any time any payment of any portion of the Guaranteed Obligations (including a payment effected through exercise of a right of setoff) is rescinded, rescinded or must otherwise be restored or returned upon the insolvency, bankruptcy, or reorganization of any Borrower or otherwise (including pursuant to any settlement entered into by a Secured Party Bank in its discretion), each Loan Guarantor’s obligations under this Loan Guaranty Guarantee Agreement with respect to that payment will shall be reinstated at such time as though the payment had not been made and whether or not the Administrative Agent, the Issuing Banks, and the Lenders are Bank is in possession of this Loan GuarantyGuarantee Agreement. If acceleration of the time for payment of any of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy, bankruptcy or reorganization of any Borrower, all such amounts otherwise subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations will shall nonetheless be payable by the Loan Guarantors forthwith on demand by the Administrative AgentBank.

Reinstatement; Stay of Acceleration. If at any time any payment of any portion of the Guaranteed Obligations (including a payment effected through exercise of a right of setoff) is rescinded, rescinded or must otherwise be restored or returned upon the insolvency, bankruptcy, or reorganization of any Borrower or otherwise (including pursuant to any settlement entered into by a Secured Party in its discretion)otherwise, each Loan Guarantor’s obligations under this Loan Guaranty with respect to that payment will shall be reinstated at such time as though the payment had not been made and whether or not the Administrative AgentAgents, the Issuing BanksBank, the Lenders, the Export-Related Lender and the Lenders any Other Secured Parties are in possession of this Loan Guaranty. If acceleration of the time for payment of any of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy, bankruptcy or reorganization of any Borrower, all such amounts otherwise subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations will shall nonetheless be payable by the Loan Guarantors forthwith on demand by the Administrative AgentLender, the Export-Related Lender, any Other Secured Parties and the Issuing Bank.