Termination and Reinstatement. This Guaranty shall be effective as of the Effective Date (a) shall terminate when all the Obligations have been (i) performed in full, including the indefeasible payment in full of the Monetary Obligations or (ii) terminated and (b) shall continue to be effective or be reinstated, as the case may be, if at any time any payment, or any part thereof, of any Obligation is rescinded or must otherwise be restored by the Jurisdictions upon the bankruptcy or reorganization of the Company or Guarantor or for any other reason.
Appears in 2 contracts
Samples: Operating Lease Agreement, Waste Disposal and Service Agreement
Termination and Reinstatement. This Guaranty shall be effective as of the Effective Contract Date and (a) shall terminate when all the Obligations have been (i) performed in full, including the indefeasible payment in full of the Monetary Obligations or (ii) terminated and (b) shall continue to be effective or be reinstated, as the case may be, if at any time any payment, or any part thereof, of any Obligation is rescinded or must otherwise be restored by the Jurisdictions SPSA upon the bankruptcy or reorganization of the Company Contractor or Guarantor or for any other reason.
Appears in 1 contract
Termination and Reinstatement. This Guaranty shall be effective as of the Effective Date (a) shall terminate when all the Obligations have been (i) performed in full, including the indefeasible payment in full of the Monetary Obligations or (ii) terminated and (b) shall continue to be effective or be reinstated, as the case may be, if at any time any payment, or any part thereof, of any Obligation is rescinded or must otherwise be restored by the Jurisdictions upon the bankruptcy or reorganization of the Company or Guarantor or for any other reason. Section 11.
Appears in 1 contract
Samples: Operating Lease Agreement
