Common use of Payment Invalidated Clause in Contracts

Payment Invalidated. In the event that any of the First Priority Secured Obligations shall be paid in full and subsequently, for whatever reason (including, but not limited to, an order or judgment for disgorgement of a preference under Title 11 of the United Stated Code, or any similar law, or the settlement of any claim in respect thereof), formerly paid or satisfied First Priority Secured Obligations become unpaid or unsatisfied, the terms and conditions of this Section 11 shall be fully applicable thereto until all such First Priority Secured Obligations are again paid in full.