Bankruptcy No Discharge. (a) Without limiting Section 17.3, the Obligor Guarantee shall not be discharged or otherwise affected by any bankruptcy, reorganization or similar proceeding commenced by or against the Company or any other Obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Obligations in or as a result of any such proceeding, whether or not assented to by any Beneficiary, (ii) any disallowance of all or any portion of any Beneficiary's claim for repayment of the Obligations, (iii) any use of cash or other collateral in any such proceeding, (iv) any agreement or stipulation as to adequate protection in any such proceeding, (v) any failure by any Beneficiary to file or enforce a claim against the Company or any other Obligor or its estate in any bankruptcy or reorganization case, (vi) any amendment, modification, stay or cure of any Beneficiary's rights that may occur in any such proceeding, (vii) any election by any Beneficiary under Section 1112(b)(2) of the Bankruptcy Code, or (viii) any borrowing or grant of a lien under Section 364 of the Bankruptcy Code. Each Guarantor understands and acknowledges that by virtue of the Obligor Guarantee, it has specifically assumed any and all risks of any such proceeding with respect to the Company and each other Obligor.
Bankruptcy No Discharge. (a) Without limiting Section 2.03, this Guaranty shall not be discharged or otherwise affected by any bankruptcy, insolvency, reorganization or similar proceeding commenced by or against the Buyers or any other Obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Obligations in or as a result of any such proceeding, whether or not assented to by the Beneficiary, and (ii) any disallowance of all or any portion of any Beneficiary’s claim for repayment of the Obligations. The Guarantor understands and acknowledges that by virtue of this Guaranty, it has specifically assumed any and all risks of any such proceeding with respect to the Buyers and each other Obligor.
Bankruptcy No Discharge. Without limiting Section 3.03, this Agreement shall not be discharged or otherwise affected by any Insolvency or Liquidation Proceeding commenced by or against any Borrower or any other Obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Senior Debt in or as a result of any such proceeding, whether or not assented to by any Senior Creditor, (ii) any disallowance of all or any portion of any Senior Creditor’s claim for repayment of the Senior Debt, (iii) any use of cash or other Senior Collateral in any such proceeding, (iv) any agreement or stipulation as to adequate protection in any such proceeding, (v) any failure by any Senior Creditor to file or enforce a claim against any Borrower or any other Obligor or its estate in any such proceeding, (vi) any amendment, modification, stay or cure of any Senior Creditor’s rights that may occur in any such proceeding, (vii) any election by any Senior Creditor under Section 1111 (b)(2) of the Bankruptcy Code, or (viii) any borrowing or grant of a Lien under Section 364 of the Bankruptcy Code.
Bankruptcy No Discharge. Without limiting SECTION 7.13, this Agreement and the security interest in favor of the Secured Party shall not be discharged or otherwise affected by any bankruptcy, reorganization or similar proceeding commenced by or against any Other Obligor, including (a) any discharge of, or bar or stay against collecting, all or any part of the Secured Obligations in or as a result of any such proceeding, whether or not assented to by the Secured Party, and (b) any disallowance of all or any portion of the Secured Party's claim for repayment of the Secured Obligations.
Bankruptcy No Discharge. Notwithstanding anything to the contrary herein contained, this Guaranty shall continue to be in effect or be reinstated, as the case may be, if at any time, payment, or any part hereof, of any or all of the Indebtedness is rescinded or must otherwise be restored or returned by Lender upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, all as though such payment had not been made. Notwithstanding any modification, discharge or extension of the Indebtedness or any amendment, modification, stay or cure of Lender’s rights which may occur in any bankruptcy or reorganization case or proceeding concerning the Borrower whether permanent or temporary, and whether assented to by Lender, each Guarantor hereby agrees that such Guarantor shall be obligated hereunder to pay the Indebtedness and discharge such Guarantor’s other obligations in accordance with the Indebtedness and the terms of this Guaranty. Each Guarantor understands and acknowledges that by virtue of this Guaranty, any and all risks of insolvency, bankruptcy or a reorganization case or proceeding with respect to the Borrower have been specifically assumed. As an example and not in any way of limitation, a subsequent modification of the Indebtedness in any reorganization case concerning the Borrower shall not affect the obligation of any Guarantor to pay the Indebtedness in accordance with its original terms.
Bankruptcy No Discharge. (a) This Guaranty shall not be discharged or otherwise affected by any bankruptcy, reorganization or similar proceeding commenced by or against the Buyer or any other obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Guaranteed Obligations in or as a result of any such proceeding, whether or not assented to by the Seller, (ii) any disallowance of all or any portion of the Seller's claim for repayment of the Guaranteed Obligations and (iii) any amendment, modification, stay or cure of the Seller's rights that may occur in any such proceeding. The Guarantors understand and acknowledge that by virtue of this Guaranty, each Guarantor has specifically assumed any and all risks of any such proceeding with respect to the Buyer and each other obligor.
Bankruptcy No Discharge. Notwithstanding anything to the contrary herein contained, this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time, payment, or any part thereof; of any or all of the Guarantied Obligations is rescinded or must otherwise be restored or returned by Lender upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, all as though such payment had not been made. Notwithstanding any modification, discharge or extension of the Guarantied Obligations or any amendment, modification, stay or cure of Lender’s rights which may occur in any bankruptcy or reorganization case or proceeding concerning the Borrower whether permanent or temporary, and whether assented to by Lenders, the Guarantor hereby agrees that it shall be obligated hereunder to pay the indebtedness and discharge its other obligations in accordance with the terms of the indebtedness and the terms of this Guaranty in effect on the date hereof. Guarantor understands and acknowledges that by virtue of this Guaranty, Guarantor has specifically assumed any and all risks of a bankruptcy or reorganization case or proceeding with respect to the Borrower. As an example and not in any way of limitation, a subsequent modification of the indebtedness in any reorganization case concerning the Borrower shall not affect the obligation of Guarantor to pay the Indebtedness in accordance with its original terms.
Bankruptcy No Discharge. (a) Without limiting Section 2.3, this Guaranty shall not be discharged or otherwise affected by any bankruptcy, reorganization or similar proceeding commenced by or against the Company or any other Obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Obligations in or as a result of any such proceeding, whether or not assented to by any Beneficiary, (ii) any disallowance of all or any portion of any Beneficiary's claim for repayment of the Obligations, (iii) any use of cash or other collateral in any such proceeding, (iv) any agreement or stipulation as to adequate protection in any such proceeding, (v) any failure by any Beneficiary to file or enforce a claim against the Company or any other Obligor or its estate in any bankruptcy or reorganization case, or (vi) any amendment, modification, stay or cure of any Beneficiary's rights that may occur in any such proceeding. The Guarantor understands and acknowledges that by virtue of this Guaranty, it has specifically assumed any and all risks of any such proceeding with respect to the Company and each other Obligor.
Bankruptcy No Discharge. (a) Without limiting Section 8.3, this Agreement shall not be discharged or otherwise affected by any Insolvency or Liquidation Proceeding commenced by or against the Company or any other Obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Senior Obligations in or as a result of any such proceeding, whether or not assented to by any Pari Passu Secured Party, (ii) any disallowance of all or any portion of any Pari Passu Secured Party's claim for repayment of the Senior Obligations, (iii) any use of cash or other Senior Collateral in any such proceeding under US Bankruptcy Law, (iv) any agreement or stipulation as to adequate protection in any such proceeding under US Bankruptcy Law, (v) any failure by any Pari Passu Secured Party to file or enforce a claim against the Company or any other Obligor or its estate in any such proceeding, (vi) any amendment, modification, stay or cure of any Pari Passu Secured Party's rights that may occur in any such proceeding, (vii) any election by any Pari Passu Secured Party under Section 1111(b)(2) of US Bankruptcy Law, or (viii) any borrowing or grant of a Lien under Section 364 of US Bankruptcy Law. Each Junior Creditor understands and acknowledges that, by virtue of this Agreement, it has specifically 25 309 assumed any and all risks of any such proceeding with respect to the Company and each other Obligor.
Bankruptcy No Discharge. (a) Without limiting Section 2.03, this Guaranty shall not be discharged or otherwise affected by any bankruptcy, reorganization or similar proceeding commenced by or against the Issuer or any other Obligor, including (i) any discharge of, or bar or stay against collecting, all or any part of the Obligations in or as a result of any such proceeding, whether or not assented to by any Beneficiary, (ii) any disallowance of all or any portion of any Beneficiary's claim for repayment of the Obligations, (iii) any failure by any Beneficiary to file or enforce a claim against the Issuer or any other Obligor or its estate in any bankruptcy or reorganization case, (iv) any amendment, modification, stay or cure of any Beneficiary's rights that may occur in any such proceeding or (v) any borrowing or grant of a Lien under Section 364 of the Bankruptcy Code. The Guarantor understands and acknowledges that by virtue of this Guaranty, it has specifically assumed any and all risks of any such proceeding with respect to the Issuer and each other Obligor.
