Stay of Acceleration Ineffective with Respect to Guarantor. In the event that acceleration of the time for payment of any amount payable by the Company under the Agreement(s) is stayed upon the insolvency, bankruptcy or reorganization of the Company, all such amounts otherwise subject to acceleration or required to be paid upon an early termination pursuant to the terms of the Agreement(s) shall nonetheless be payable by the Guarantor hereunder forthwith on demand by the Counterparty.
Appears in 10 contracts
Samples: Master Certificate Purchase Agreement, Master Power Supply Agreement, Master Certificate Purchase Agreement
Stay of Acceleration Ineffective with Respect to Guarantor. In the event that acceleration of the time for payment of any amount payable by the Company under the Agreement(s) Agreement is stayed upon the insolvency, bankruptcy or reorganization of the Company, all such amounts otherwise subject to acceleration or required to be paid upon an early termination pursuant to the terms of the Agreement(s) Agreement shall nonetheless be payable by the Guarantor hereunder forthwith on demand by the Counterparty.
Appears in 4 contracts
Samples: www.transmissionhub.com, www.transmissionhub.com, www.transmissionhub.com
Stay of Acceleration Ineffective with Respect to Guarantor. In the event that acceleration of the time for payment of any amount payable by the Company Counterparty under the Agreement(s) Agreement is stayed upon the insolvency, bankruptcy or reorganization of the CompanyCounterparty, all such amounts otherwise subject to acceleration or required to be paid upon an early termination pursuant to the terms of the Agreement(s) Agreement shall nonetheless be payable by the Guarantor hereunder forthwith on demand by the CounterpartyBank.
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