Term; Reinstatement in Certain Circumstances Sample Clauses

Term; Reinstatement in Certain Circumstances. This Guaranty shall remain in full force and effect until the earlier of (i) [expiration date], and (ii) [xx] days after written notice of termination is provided by Guarantor to Counterparty. Such termination shall not release Guarantor from liability for any Guaranteed Obligations arising prior to the effective date of such termination. If at any time any payment of any of the Guaranteed Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company or otherwise, the Guarantor's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had not been made.
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Term; Reinstatement in Certain Circumstances. This Guaranty shall remain in full force and effect for the entire term of the Agreement and the fulfillment of all Guaranteed Obligations. If at any time any payment of any of the Guaranteed Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company or otherwise, the Guarantor's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had not been made.
Sample 1
Term; Reinstatement in Certain Circumstances. This Guaranty shall remain in full force and effect until the payment in full of the Company’s payment obligations under the Host Community Agreement and the Side Agreement; provided, however, that any action to enforce this Guaranty must be commenced within one (1) year from the expiration date or earlier termination of the term of the Host Community Agreement and the Side Agreement (the “Expiry Date”). After the Expiry Date, claims may not be made, and this Guaranty shall cease to be in force except in relation to claims for which legal action has commenced prior to the Expiry Date. Notwithstanding the foregoing, the Guarantor agrees that this Guaranty will be reinstated to the extent any payment of a claim is recovered from the Company in a bankruptcy proceeding for a period not to exceed one (1) year from the date such payment is recovered.
Sample 1

Related to Term; Reinstatement in Certain Circumstances

  • Obligation to Notify Change In the event that any of the representations or warranties made/given by a Party ceases to be true or stands changed, the Party who had made such representation or given such warranty shall promptly notify the other of the same.

  • BANKRUPTCY, DEBARMENT, OR SUSPENSION CERTIFICATION Supplier certifies and warrants that it is not in bankruptcy or that it has previously disclosed in writing certain information to Sourcewell related to bankruptcy actions. If at any time during this Contract Supplier declares bankruptcy, Supplier must immediately notify Sourcewell in writing. Supplier certifies and warrants that neither it nor its principals are presently debarred, suspended, proposed for debarment, declared ineligible, or voluntarily excluded from programs operated by the State of Minnesota; the United States federal government or the Canadian government, as applicable; or any Participating Entity. Supplier certifies and warrants that neither it nor its principals have been convicted of a criminal offense related to the subject matter of this Contract. Supplier further warrants that it will provide immediate written notice to Sourcewell if this certification changes at any time.

  • Alternate or Supplemental Pricing Documents No response Optional. If when completing Pricing Form 1 & Pricing Form 2 you direct TIPS to view additional, alternate, or supplemental pricing documentation, you may upload that documentation.

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