Revival and Reinstatement. If Bank is required to pay, return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank shall continue with regard to such amounts, all as though they had never been paid.
Appears in 3 contracts
Samples: Unsecured Line of Credit Loan Agreement (Bre Properties Inc /Md/), Revolving Loan Agreement (Essex Property Trust Inc), Payment Guaranty (Trex Co Inc)
Revival and Reinstatement. If Bank Lender is required to pay, return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank Lender shall continue with regard to such amounts, all as though they had never been paid.
Appears in 3 contracts
Samples: Guaranty (Farmland Partners Inc.), Guaranty (Farmland Partners Inc.), Guaranty (Owens Realty Mortgage, Inc.)
Revival and Reinstatement. If Bank is required to pay, return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank shall continue with regard to such amounts, all as though they had never been paid.
Appears in 3 contracts
Samples: Payment Guaranty (Newmark Homes Corp), Payment Guaranty (Historic Preservation Properties 1989 Limited Partnership), Payment Guaranty (Historic Preservation Properties 1989 Limited Partnership)
Revival and Reinstatement. If Bank is required to pay, return or ------------------------- restore to ------------------------- Borrower or any other person any amounts previously paid on the Loan because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank shall continue with regard to such amounts, all as though they had never been paid.
Appears in 2 contracts
Samples: Standing Loan Agreement (Prolong International Corp), Bridge Loan Agreement (Prolong International Corp)
Revival and Reinstatement. If Bank is required to pay, return or ------------------------- restore to any Borrower or any other person any amounts previously paid on the any Loan Obligations because of any Insolvency Proceeding of Borrower, any stop notice Borrower or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank shall continue with regard to such amounts, all as though they had never been paid.
Appears in 1 contract
Samples: Guaranty (Arlen Corp)
Revival and Reinstatement. If Bank the Lender is required to pay, return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank the Lender shall continue with regard to such amounts, all as though they had never been paid.
Appears in 1 contract
Samples: General Guaranty and Indemnity Agreement (CMR Mortgage Fund II, LLC)
Revival and Reinstatement. If Bank the Lender is required to pay, return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan Guaranteed Obligations because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank the Lender shall continue with regard to such amounts, all as though they had never been paid.
Appears in 1 contract
