Revival of Obligations. To the extent that any payment made or received with respect to the Obligations is subsequently invalidated, determined to be fraudulent or preferential, set aside or required to be repaid to a trustee, debtor in possession, receiver, custodian or any other Person under any Debtor Relief Law, common law or equitable cause or any other law, then the Obligations intended to be satisfied by such payment (whether or not previously terminated) shall be revived and shall continue as if such payment had not been received by Lender. Any payments received with respect to such revived Obligations shall be credited and applied in such manner and order, as Lender shall decide in its Permitted Discretion.
Appears in 6 contracts
Samples: Credit and Security Agreement (Scilex Holding Co), Credit and Security Agreement (ALKALINE WATER Co INC), Credit and Security Agreement (Interpace Diagnostics Group, Inc.)
