Common use of Reversal of Payments Clause in Contracts

Reversal of Payments. To the extent the Borrower makes a payment or payments to any Agent for the ratable benefit of the Lenders or any Agent receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such Agent.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any the Agent for the ratable benefit of the Lenders or any the Agent receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such the Agent.

Reversal of Payments. To the extent the Borrower makes Borrowers make a payment or payments to any the Agent for the ratable benefit of the Lenders or any the Agent receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such the Agent.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any the Administrative Agent for the ratable benefit of the Lenders or any the Administrative Agent receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such the Administrative Agent.

Reversal of Payments. To the extent the a Borrower makes a payment or payments to any the Administrative Agent for the ratable benefit of the Lenders or any the Administrative Agent receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such the Administrative Agent.

Reversal of Payments. To the extent the any Borrower makes a payment or payments to any Agent for the ratable benefit of the Lenders or any Agent receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such Agent.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any Agent for the ratable benefit of Bank or the Lenders or any Agent Bank receives any payment or proceeds Proceeds of the collateral Collateral for the Borrower's benefit, which payments payment(s) or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaidreceived, the Obligations or part thereof intended to be satisfied shall be revived and continued continue in full force and effect effect, as if such payment or proceeds had not been received by such Agentthe Bank.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any the Agent for the ratable benefit of the Lenders or any the Agent receives any payment or proceeds of the collateral Collateral for the Borrower's benefit, which payments payment(s) or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set 63 70 aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaidreceived, the Secured Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect effect, as if such payment or proceeds had not been received by such the Agent.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any the Agent for the ratable benefit of the Lenders or any the Agent receives any payment or proceeds of the collateral Collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or of proceeds had not been received by such the Agent.

Reversal of Payments. To the extent the any Borrower makes a payment or payments to any the Agent for the ratable benefit of the Lenders or any the Agent receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such the Agent.

Reversal of Payments. To the extent the any Borrower makes a -------------------- payment or payments to any Agent for the ratable benefit of the Lenders or any Agent receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such Agent.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any the Agent for the ratable benefit of the Lenders or any the Agent receives any payment or proceeds of the collateral Collateral for the Borrower's benefit which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaidreceived, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such the Agent.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any the Administrative Agent for the ratable benefit of the Lenders or any the Administrative Agent receives any payment or proceeds of the collateral proceeds, which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such the Administrative Agent.

Reversal of Payments. To the extent the Borrower makes Borrowers make a payment or payments to any the Agent for the ratable benefit of the Lenders or any the Agent receives any payment or proceeds of the collateral Collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such Agent.such

Reversal of Payments. To the extent the Borrower makes a payment or payments to any Agent for the ratable benefit of Issuing Lender or the Lenders or any Agent Issuing Lender receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations obligations hereunder or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such Agentthe Issuing Lender.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any the Agent for the ratable benefit of the Lenders or any the Agent receives any payment or proceeds of the collateral Collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such the Agent.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any the Agent for the ratable benefit of the Term Lenders or any the Agent receives any payment or proceeds of the collateral Collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such the Agent.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any Agent for the ratable benefit of the Lenders Lender or any Agent Lender receives any payment or proceeds of the any collateral security for Borrower's benefit which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaidreceived, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such AgentLender.

Reversal of Payments. To the extent the Borrower makes Borrowers make a payment or payments to any the Agent for the ratable benefit of the Lenders or any the Agent receives any payment or proceeds of the collateral Collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such the Agent.

Reversal of Payments. To the extent the Borrower makes a payment or payments to any Administrative Agent for the ratable benefit of the Lenders or any Administrative Agent receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaidreceived, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by such Administrative Agent.