Common use of Survival of Guaranty Clause in Contracts

Survival of Guaranty. Notwithstanding anything to the contrary herein, this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time any of the amounts paid to the Beneficiary, in whole or in part, is required to be repaid upon the insolvency, bankruptcy, dissolution, liquidation, or reorganization of the Guarantor, the Issuer or any other Person, or as a result of the appointment of a custodian, interviewer, receiver, trustee, or other officer with similar powers with respect to the Guarantor, the Issuer or any other Person or with respect to any substantial part of the property of the Guarantor, the Issuer or such other Person, all as if such payments had not been made.

Survival of Guaranty. Notwithstanding anything to the contrary herein, this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time any of the amounts paid to any of the BeneficiaryBeneficiaries, in whole or in part, is required to be repaid upon the insolvency, bankruptcy, dissolution, liquidation, or reorganization of the Guarantor, Guarantor or the Issuer Owner Participant or any other Person, or as a result of the appointment of a custodian, interviewer, receiver, trustee, or other officer with similar powers with respect to the Guarantor, Guarantor or the Issuer Owner Participant or any other Person or with respect to any substantial part of the property of the Guarantor, Guarantor or the Issuer Owner Participant or such other Person, all as if such payments had not been made.