Return of Payment. Grantor hereby agrees that if at any time all or any part of any payment theretofore paid by Grantor and applied by Secured Party under any of the Obligations is returned by Secured Party for any reason whatsoever (including, without limitation, the insolvency, bankruptcy, reorganization or assignment for the benefit of creditors of Grantor) such Obligations, for the purpose of this Agreement, to the extent that such payment is returned, shall be deemed to have continued in existence, notwithstanding such application by Secured Party, and this Agreement shall continue to be effective or be reinstated, as the case may be, as to such Obligations, all as though such application by Secured Party had not been made.
Return of Payment. We may require a claim payment to be returned to us if it subsequently appears that such a claim should not have been paid under the provisions of this contract and if, in the case of insolvency of the buyer, the debt is not subsequently admitted to rank.
Return of Payment. Guarantor hereby agrees that if at any time all or any part of any payment theretofore applied by Lender to any Indebtedness Hereby Guaranteed is rescinded or returned by Lender for any reason whatsoever (including, without limitation, the insolvency, bankruptcy, liquidation or reorganization of any party), the Indebtedness Hereby Guaranteed shall, for the purposes of this Guaranty, be deemed to have continued in existence to the extent of such payment, notwithstanding such application by Lender, and this Guaranty shall continue to be effective or be reinstated, as the case may be, as to the Indebtedness Hereby Guaranteed, all as though such application by Lender had not been made.
Return of Payment. If the Debt Rights Offering is not consummated, any cash paid to the Subscription Agent will be returned, without interest except in the case of a Debt Commitment Party, to the applicable Eligible Holder as soon as reasonably practicable, but in any event within five Business Days, after the date on which the Debt Rights Offering is terminated.
Return of Payment. In the event that the Investment Company is unable to locate a Designated Shareholder within 60 days of the initial disbursement of the Designated Shareholder Amounts, such Designated Shareholder’s Designated Shareholder Payment shall be returned to the Treasury except as prohibited by law.
Return of Payment. If you wish to return a payment sent to you through the RTP System, you must contact us at 0.000.000.0000 and provide us with sufficient information to identify the RTP transaction you wish to return. We will attempt to honor your request, but we will have no liability for our failure to do so. You authorize us to debit such amounts from your account in order to complete any such return.
Return of Payment. In the event that the Transaction does not close for any reason or if the Company (as defined in the Subscription Agreement) rejects the subscription, the Payment will be returned to the Subscriber, without interest thereon or deduction therefrom, by check endorsed to the Subscriber as indicated on the signature page to the Subscription Agreement and sent to the Subscriber’s address as set forth on the signature page to the Subscription Agreement.
Return of Payment. We may require a claim payment to be returned to us if it subsequently appears that such a claim should not have been paid under the provisions of this contract and if, in the case of insolvency of the buyer, the debt is not subsequently admitted to rank. Registered and Corporate Office address: ICICI Lombard General Insurance Company Ltd., ICICI Lombard House, 000, Xxxx Xxxxxxxx Marg, Prabhadevi, Mumbai – 400025, IRDAI Registration No: 115, CIN: L67200MH2000PLC129408, Telephone: 00000000000, Email Id: xxxxxxxxxxxxxxxxx@xxxxxxxxxxxx.xxx. Website: xxx.xxxxxx-xxxxx.xx.xx. Product Name: Trade Credit Insurance. UIN: IRDAN139CP0048V01201819.
Return of Payment. In the event that you (a) file any charge, claim, demand, action or arbitration with regard to your relationship or service (including as a director or your resignation therefrom) with the Company or any other member of the Company Group under any federal, state, local or foreign law, or an arbitration under any industry regulatory entity, except in either case for a claim for breach of this Agreement or failure to honor the obligations set forth herein or (b) breach any of the covenants contained in this Agreement, you will be required to promptly repay to the Company the payment previously made by the Company to you pursuant to Section 2(a).
Return of Payment. In the event that Escrow Agent makes any payment to any party or Person pursuant to this Escrow Agreement and for any reason such payment (or any portion thereof) is required to be returned to the Escrow Account or another Person or is subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a receiver, trustee or other party under any bankruptcy or insolvency law, other federal or state law, common law or equitable doctrine, then the recipient shall repay to the Escrow Agent upon written request the amount so paid to it.
