Common use of Return of Proceeds Clause in Contracts

Return of Proceeds. If at any time payment, in whole or in part, of any Proceeds distributed hereunder is rescinded or must otherwise be restored or returned by the Collateral Agent or by any Creditor as a preference, fraudulent conveyance or otherwise under any bankruptcy, insolvency or similar law, then each Person receiving any portion of such Proceeds agrees, upon demand, to return the portion of such Proceeds it has received to the Person responsible for restoring or returning such Proceeds.

Return of Proceeds. If at any time payment, in whole or in part, of any Proceeds distributed hereunder is rescinded or must otherwise be restored or returned by the Collateral Agent or by any Creditor Secured Party as a preference, fraudulent conveyance or otherwise under any bankruptcy, insolvency or similar law, then each Person receiving any portion of such Proceeds agrees, upon demand, to return the portion of such Proceeds it has received to the Person responsible for restoring or returning such Proceeds.

Return of Proceeds. If at any time payment, in whole or in part, of any Proceeds distributed amount received by Bank hereunder is rescinded or must otherwise be restored or returned by the Collateral Agent or by any Creditor Bank as a preference, fraudulent conveyance conveyance, or otherwise under any bankruptcy, insolvency insolvency, or similar law, then each Person receiving any portion of such Proceeds amount agrees, upon demand, to return the portion of such Proceeds amount it has received to the Person responsible for restoring or returning such ProceedsBank.

Return of Proceeds. If at any time payment, in whole or in part, of any Proceeds proceeds distributed hereunder is rescinded or must otherwise be restored or returned by the Collateral Agent or by any Creditor as a preference, fraudulent conveyance or otherwise under any bankruptcy, insolvency or similar law, then each Person receiving any portion of such Proceeds proceeds agrees, upon demand, to return the portion of such Proceeds proceeds it has received to the Person responsible for restoring or returning such Proceedsproceeds.

Return of Proceeds. If at any time payment, in whole or in part, of any Proceeds distributed hereunder is rescinded or must otherwise be restored or returned by the Collateral Agent or by any Creditor Joined Secured Party or the Company as a preference, fraudulent conveyance or otherwise under any bankruptcy, insolvency or similar law, then each Person receiving any portion of such Proceeds agrees, upon demand, to return the portion of such Proceeds it has received to the Person responsible for restoring or returning such Proceeds.

Return of Proceeds. If at any time payment, in whole or in part, of any Proceeds proceeds distributed hereunder is rescinded or must otherwise be restored or returned by the Collateral Administrative Agent or by any Creditor Secured Party as a preference, fraudulent conveyance or otherwise under any bankruptcy, insolvency or similar law, then each Person receiving any portion of such Proceeds proceeds agrees, upon demand, to return the portion of such Proceeds proceeds it has received to the Person responsible for restoring or returning such Proceedsproceeds.