Rescission of Payment Sample Clauses

Rescission of Payment. Whenever for any reason (including under any law relating to Liquidation, fiduciary obligations or the protection of creditors):
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Rescission of Payment. 8.01 Notwithstanding Section 9 below, this Agreement shall continue to be effective, or be reinstated as the case may be, as though such payment had not been made, if any payment by the Borrower pursuant to the terms and conditions of the Notes, the Loan Agreement, this Agreement or any other of the Loan Documents is rescinded or must otherwise be restored or returned by the Agent Bank for any reason, including, without limitation (a) the invalidity or unenforceability of the obligation paid, for any reason; (b) failure or insufficiency of consideration for the obligation paid, or (c) the insolvency, bankruptcy or reorganization of the Borrower or any of any other guarantor(s).
Rescission of Payment. Whenever any of the following occurs for any reason:
Rescission of Payment. If at any time payment or performance, or any part of any payment or performance, of any of the Obligations is rescinded or must otherwise be returned by ISOMEDIA to Buyer, upon the insolvency, bankruptcy or reorganization of Buyer or otherwise, this Guaranty will continue to be effective or will be reinstated, as the case may be, all as though payment had not been made.
Rescission of Payment. Whenever any of the following occurs for any reason (including under any law relating to bankruptcy, insolvency, liquidation, fiduciary obligations or the protection of creditors generally):
Rescission of Payment. This Mortgage Agreement shall continue to be effective or 92 be reinstated, as the case may be, if at any time, payment, or a part thereof, of the Secured Obligations, is rescinded or must otherwise be restored or returned by IFC, upon the insolvency, bankruptcy or reorganization of any of the Co-Borrowers or otherwise, all as though such payment had not been made.
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Rescission of Payment. 13 SECTION 13.
Rescission of Payment. To the fullest extent permitted by applicable law, this Agreement shall continue to be effective or be reinstated, as the case may be, if at any time any payment (or part thereof), made or caused to be made by any Equity Holder pursuant to this Agreement, is rescinded or must otherwise be restored or returned to any Equity Holder by any beneficiary of this Agreement upon the insolvency, bankruptcy or reorganization of such Equity Holder or any other Person or otherwise, all as though such payment has not been made or caused to be made.
Rescission of Payment. So long as this Pledge Agreement shall not have terminated pursuant to Article VII, for the avoidance of doubt, this Pledge Agreement shall continue to be effective or be reinstated, as the case may be, in respect of any payment, or a part thereof, of the Secured Obligations that is rescinded or must otherwise be restored or returned by IFC, upon the insolvency, bankruptcy or reorganization of any of the Co-Borrowers or otherwise, all as though such payment had not been made.
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