Revival. To the extent that Bank receives any payment on account of Borrower's Liabilities and any such payment(s) and/or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside, subordinated and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy act, state or federal law, common law or equitable cause, then, to the extent of such payment(s) and/or proceeds received, Borrower's Liabilities or part thereof intended to be satisfied shall be revived and continue in full force and effect, as if such payment(s) and/or proceeds had not been received by Bank and applied on account of Borrower's Liabilities.
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Samples: Loan Agreement (Taylor Capital Group Inc), Loan Agreement (Taylor Capital Group Inc)
Revival. To the extent that Borrowers make a payment or payments to Bank or to the extent Bank receives any payment on account or proceeds of Borrower's Liabilities and any such payment(s) and/or the Collateral for Borrowers’ benefit, which payment or proceeds or any part thereof are is subsequently invalidated, declared to be fraudulent or preferential, set aside, subordinated and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy actBankruptcy Law, state or federal law, common law or equitable cause, then, to the extent of such payment(s) and/or payment or proceeds receivedreceived by Bank, Borrower's Liabilities the Obligations or part thereof intended to be satisfied shall be revived and shall continue in full force and effect, effect as if such payment(s) and/or payment or proceeds had not been received by Bank and applied on account of Borrower's LiabilitiesBank.
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Revival. To the extent that Bank receives any payment on account of Borrower's Borrowers' Liabilities and any such payment(s) and/or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside, subordinated and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy act, state or federal law, common law or equitable cause, then, to the extent of such payment(s) and/or proceeds received, Borrower's Borrowers' Liabilities or part thereof intended to be satisfied shall be revived and continue in full force and effect, as if such payment(s) and/or proceeds had not been received by Bank and applied on account of Borrower's Borrowers' Liabilities.
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Revival. To the extent that Borrowers make a payment or payments to Bank or to the extent Bank receives any payment on account or proceeds of Borrower's Liabilities and any such payment(s) and/or the Collateral for Borrowers' benefit, which payment or proceeds or any part thereof are is subsequently invalidated, declared to be fraudulent or preferential, set aside, subordinated aside and/or required to be repaid to a trustee, receiver receiver, or any other party under any bankruptcy act, state or federal law, common law or equitable cause, then, to the extent of such payment(s) and/or payment or proceeds received, Borrower's Liabilities the Obligations or part thereof intended to be satisfied shall be revived and shall continue in full force and effect, as if such payment(s) and/or payment or proceeds had not been received by Bank and applied on account of Borrower's LiabilitiesBank.
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Samples: Loan and Security Agreement (Epi Technologies Inc/De)
Revival. To the extent that Borrowers make a payment or payments to ------- Bank or to the extent Bank receives any payment on account or proceeds of Borrower's Liabilities and any such payment(s) and/or the Collateral for Borrowers' benefit, which payment or proceeds or any part thereof are is subsequently invalidated, declared to be fraudulent or preferential, set aside, subordinated aside and/or required to be repaid to a trustee, receiver receiver, or any other party under any bankruptcy act, state or federal law, common law or equitable cause, then, to the extent of such payment(s) and/or payment or proceeds received, Borrower's Liabilities the Obligations or part thereof intended to be satisfied shall be revived and shall continue in full force and effect, as if such payment(s) and/or payment or proceeds had not been received by Bank and applied on account of Borrower's LiabilitiesBank.
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Samples: Loan and Security Agreement (Meridian National Corp)
Revival. To the extent that Bank receives any payment Borrower makes a payment(s) on account the Loan to Lender or Lender enforces its security interests and liens or exercises its right of Borrower's Liabilities set-off, and any such payment(s) and/or or the proceeds of such enforcement or any part thereof set-off are subsequently invalidated, declared to be fraudulent or preferential, set aside, subordinated aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy actlaw, state or federal law, common law or equitable causeclaim, then, then to the extent of such payment(s) and/or proceeds receivedrecovery, Borrower's Liabilities or part thereof the liability originally intended to be satisfied shall be revived and continue continued in full force and effect, effect as if such payment(s) and/or proceeds payment had not been received made or such enforcement or set-off had not occurred and shall be Obligations secured by Bank and applied on account of Borrower's Liabilitiesthe Mortgage.
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