Common use of Revival of Obligations Clause in Contracts

Revival of Obligations. If all or any part of any payment under or on account of the Credit Agreement, the other Loan Documents, this Amendment or any agreement, instrument or other document executed or delivered by the Credit Parties in connection with this Amendment is invalidated, set aside, declared or found to be void or voidable or required to be repaid to the issuer or to any trustee, custodian, receiver, conservator, master, liquidator or any other person pursuant to any bankruptcy law or pursuant to any common law or equitable cause then, to the extent of such invalidation, set aside, voidness, voidability or required repayment, such payment would be deemed to not have been paid, and the obligations of the Credit Parties in respect thereof shall be immediately and automatically revived without the necessity of any action by the Lenders.

Appears in 6 contracts

Samples: Credit Agreement (Rohn Industries Inc), Credit Agreement (Rohn Industries Inc), Forbearance Agreement (Rohn Industries Inc)

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Revival of Obligations. If all or any part of any payment under or on account of the Credit Agreement, the Notes, the other Loan Documents, this Amendment or any agreement, instrument or other document executed or delivered by the Credit Parties in connection with this Amendment is invalidated, set aside, declared or found to be void or voidable or required to be repaid to the issuer or to any trustee, custodian, receiver, conservator, master, liquidator or any other person pursuant to any bankruptcy law or pursuant to any common law or equitable cause then, to the extent of such invalidation, set aside, voidness, voidability or required repayment, such payment would be deemed to not have been paid, and the obligations of the Credit Parties in respect thereof shall be immediately and automatically revived without the necessity of any action by the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Rohn Industries Inc), Credit Agreement (Rohn Industries Inc)

Revival of Obligations. If all or any part of any payment under or on account of the Credit Agreement, the other Loan Restructuring Lender Documents, this Amendment Agreement or any agreement, instrument or other document executed or delivered by the any Credit Parties Party in connection with this Amendment Agreement is invalidated, set aside, declared or found to be void or voidable or required to be repaid to the issuer or to any trustee, custodian, receiver, conservator, master, liquidator or any other person pursuant to any bankruptcy law or pursuant to any common law or equitable cause then, to the extent of such invalidation, set aside, voidness, voidability or required repayment, such payment would be deemed to not have been paid, and the obligations of the such Credit Parties Party in respect thereof shall be immediately and automatically revived without the necessity of any action by the LendersRestructuring Lenders signatory hereto.

Appears in 2 contracts

Samples: Restructuring Agreement (Amcast Industrial Corp), Restructuring Agreement (Amcast Industrial Corp)

Revival of Obligations. If all or any part of any payment under or on account of the Credit Agreement, the other Loan Credit Documents, this Amendment Agreement or any agreement, instrument or other document executed or delivered by the Credit Parties Borrower in connection with this Amendment Agreement is invalidated, set aside, declared or found to be void or voidable or required to be repaid to the issuer or to any trustee, custodian, receiver, conservator, master, liquidator or any other person pursuant to any bankruptcy law or pursuant to any common law or equitable cause then, to the extent of such invalidation, set aside, voidness, voidability or required repayment, such payment would be deemed to not have been paid, and the obligations of the Credit Parties Borrower in respect thereof shall would be immediately and automatically revived without the necessity of any action by the Lenders.

Appears in 1 contract

Samples: Forbearance Agreement (McSi Inc)

Revival of Obligations. If all or any part of any payment under or on account of the Credit Agreement, the other Loan Documents, this Amendment Forbearance Agreement or any agreement, instrument or other document executed or delivered by the Credit Parties in connection with this Amendment Forbearance Agreement is invalidated, set aside, declared or found to be void or voidable or required to be repaid to the issuer or to any trustee, custodian, receiver, conservator, master, liquidator or any other person pursuant to any bankruptcy law or pursuant to any common law or equitable cause then, to the extent of such invalidation, set aside, voidness, voidability or required repayment, such payment would be deemed to not have been paid, and the obligations of the Credit Parties in respect thereof shall be immediately and automatically revived without the necessity of any action by the Lenders.

Appears in 1 contract

Samples: Forbearance Agreement (Rohn Industries Inc)

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Revival of Obligations. If all or any part of any payment under or on account of the Credit Agreement, the other Loan Documents, this Amendment Waiver or any agreement, instrument or other document executed or delivered by the Credit Parties in connection with this Amendment Waiver is invalidated, set aside, declared or found to be void or voidable or required to be repaid to the issuer or to any trustee, custodian, receiver, conservator, master, liquidator or any other person pursuant to any bankruptcy law or pursuant to any common law or equitable cause then, to the extent of such invalidation, set aside, voidness, voidability or required repayment, such payment would be deemed to not have been paid, and the obligations of the Credit Parties in respect thereof shall be immediately and automatically revived without the necessity of any action by the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Rohn Industries Inc)

Revival of Obligations. If all or any part of any payment under or on account of the Credit Financing Agreement, the other Loan Documents, this Amendment Agreement or any agreement, instrument or other document executed or delivered by the Continuing Credit Parties in connection with this Amendment Agreement is invalidated, set aside, declared or found to be void or voidable or required to be repaid to the issuer or to any trustee, custodian, receiver, conservator, master, liquidator or any other person pursuant to any bankruptcy law or pursuant to any common law or equitable cause then, to the extent of such invalidation, set aside, voidness, voidability or required repayment, such payment would be deemed to not have been paid, and the obligations of the Continuing Credit Parties in respect thereof shall be immediately and automatically revived without the necessity of any action by the Lenders.

Appears in 1 contract

Samples: Forbearance Agreement (Archibald Candy Corp)

Revival of Obligations. If all or any part of any payment under or on account of the Credit Agreement, the other Loan Documents, this Amendment Agreement or any agreement, instrument or other document executed or delivered by the Credit Parties in connection with this Amendment Agreement is invalidated, set aside, declared or found to be void or voidable or required to be repaid to the issuer or to any trustee, custodian, receiver, conservator, master, liquidator or any other person pursuant to any bankruptcy law or pursuant to any common law or equitable cause then, to the extent of such invalidation, set aside, voidness, voidability or required repayment, such payment would be deemed to not have been paid, and the obligations of the Credit Parties in respect thereof shall be immediately and automatically revived without the necessity of any action by the Lenders.

Appears in 1 contract

Samples: Forbearance Agreement (Rohn Industries Inc)

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