Common use of Termination; Reinstatement Clause in Contracts

Termination; Reinstatement. This Guaranty is irrevocable and shall continue without limit of time. This Guaranty shall be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor upon the insolvency, bankruptcy or reorganization of the Company, or otherwise, all as though such payment had not been made or value received.

Appears in 5 contracts

Samples: Global Guaranty Agreement (Kraig Biocraft Laboratories, Inc), Global Guaranty Agreement (Kona Gold Beverage, Inc.), Global Guaranty Agreement (Kraig Biocraft Laboratories, Inc)

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Termination; Reinstatement. This Guaranty is irrevocable and shall continue without limit of timeuntil such time as the Obligations have been indefeasibly paid or performed in full. This Guaranty shall be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor Creditor upon the insolvency, bankruptcy or reorganization of the CompanyDebtor, or otherwise, all as though such payment had not been made or value received.

Appears in 4 contracts

Samples: Global Guaranty Agreement (Next.e.GO N.V.), Global Guaranty Agreement (Spectral AI, Inc.), Global Guaranty Agreement (Next.e.GO N.V.)

Termination; Reinstatement. This Guaranty is irrevocable and shall continue without limit of timeuntil such time as the Obligations have been indefeasibly paid in full. This Guaranty shall be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor Creditor upon the insolvency, bankruptcy or reorganization of the CompanyDebtor, or otherwise, all as though such payment had not been made or value received.

Appears in 4 contracts

Samples: Global Guaranty Agreement (VinFast Auto Ltd.), Global Guaranty Agreement (VinFast Auto Ltd.), Global Guaranty Agreement (Sadot Group Inc.)

Termination; Reinstatement. This Guaranty is irrevocable shall remain in full force and shall continue without limit of timeeffect notwithstanding any attempt by the Guarantor to revoke this Guaranty. This Guaranty shall continue to be reinstated effective or be reinstated, notwithstanding any such attempted revocation, if at any time any payment made or value received with respect to an any Guaranteed Obligation is rescinded or must otherwise be returned by the Investor TKV upon the insolvency, bankruptcy or reorganization of the Company, or otherwise, all as though such payment had not been made or value received.

Appears in 2 contracts

Samples: Continuing Guaranty Agreement (Aegis Industries, Inc.), Continuing Guaranty Agreement (Fortified Holdings Corp.)

Termination; Reinstatement. This Guaranty is irrevocable and shall continue without limit of timeuntil such time as the Obligations (other than inchoate indemnification obligations) have been indefeasibly paid or performed in full. This Guaranty shall be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor Creditor upon the insolvency, bankruptcy or reorganization of the CompanyDebtor, or otherwise, all as though such payment had not been made or value received.

Appears in 2 contracts

Samples: Prepaid Advance Agreement (Applied Digital Corp.), Global Guaranty Agreement (Applied Digital Corp.)

Termination; Reinstatement. This Upon payment in full in cash of the Secured Obligations in accordance with the provisions of the Transaction Documents, this Guaranty is irrevocable and shall continue without limit of timeterminate. This Notwithstanding the foregoing, this Guaranty shall be reinstated after such termination if at any time any payment made or value received with respect to an any Secured Obligation is rescinded or must otherwise be returned by the Investor Purchasers upon the insolvency, bankruptcy or reorganization of the CompanyCompany or any of its Subsidiaries, or otherwise, all as though such payment had not been made or value received.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Elephant Talk Communications Corp), Guaranty (Ants Software Inc)

Termination; Reinstatement. This Guaranty is irrevocable shall remain in full force and shall continue without limit of timeeffect until the Guarantied Obligations are paid in full and not subject to any recapture or preference in bankruptcy or similar proceedings. This Guaranty shall continue to be effective or be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor Secured Party upon the insolvency, bankruptcy or reorganization of the CompanyBorrower, or otherwise, all as though such payment had not been made or value received.

Appears in 2 contracts

Samples: Guaranty (Implant Sciences Corp), Guaranty (Implant Sciences Corp)

Termination; Reinstatement. This Guaranty is irrevocable and shall continue without limit of timeuntil such time as the Obligations have been indefeasibly paid or performed in full. This Guaranty shall be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor Purchasers upon the insolvency, bankruptcy or reorganization of the CompanyIssuer, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Global Guaranty Agreement (Niocorp Developments LTD)

Termination; Reinstatement. This Guaranty is irrevocable shall remain in full force and shall continue without limit effect until the payment in full of timethe Obligations. This Guaranty shall continue to be effective or be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor Bank upon the insolvency, bankruptcy or reorganization of the Companyany Customer, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Unlimited Guaranty (Grove Property Trust)

Termination; Reinstatement. This Guaranty is irrevocable shall remain in full force and shall continue without limit effect until the final and indefeasible payment in full in cash of timeall of the Obligations. This Guaranty shall be reinstated reinstated, notwithstanding the foregoing, if at any time any payment made or value received with respect to an any Obligation is rescinded or must otherwise be returned by the Investor Collateral Agent or any Holder upon the insolvency, bankruptcy or reorganization of the Company, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Guaranty (National Investment Managers Inc.)

Termination; Reinstatement. This Guaranty is irrevocable and shall continue without limit of timeuntil such time as the Obligations then due and owing have been paid in full. This Guaranty shall be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor Creditor upon the insolvency, bankruptcy or reorganization of the CompanyDebtor, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Equity Purchase Agreement (Celularity Inc)

Termination; Reinstatement. This Notwithstanding any termination of this Guaranty, upon the final payment in full, in cash, of the Obligations and the irrevocable termination of the Total Commitment, this Guaranty is irrevocable and shall continue without limit of time. This Guaranty shall to be reinstated effective or be reinstated, if at any time any payment made or value received with respect to an any Obligation is rescinded or must otherwise be returned by the Investor Agent or any Bank upon the insolvency, bankruptcy or reorganization of the Company, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Revolving Credit Agreement (Digitas Inc)

Termination; Reinstatement. This Guaranty is irrevocable shall remain in full force and shall continue without limit of timeeffect until the Guarantied Obligations are paid in full and not subject to any recapture or preference in bankruptcy or similar proceedings. This Guaranty shall continue to be effective or be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Secured Party or any Investor upon the insolvency, bankruptcy or reorganization of the CompanyIssuer, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Guaranty (Pedevco Corp)

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Termination; Reinstatement. This Guaranty is irrevocable and shall continue without limit of time. This Guaranty shall be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor upon the insolvency, bankruptcy bankruptcy, or reorganization of the Company, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Global Guaranty Agreement (Kona Gold Beverage, Inc.)

Termination; Reinstatement. This Guaranty is irrevocable and shall continue without limit exipre upon the repayment in full of timeall amounts owed by Debtor under the Note. This Guaranty shall be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor YA II upon the insolvency, bankruptcy or reorganization of the CompanyDebtor, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Note Purchase Agreement (Bos Better Online Solutions LTD)

Termination; Reinstatement. This Guaranty is irrevocable and shall continue without limit of timeuntil such time as the Obligations have been indefeasibly paid in full. This Guaranty shall be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor Creditors upon the insolvency, bankruptcy or reorganization of the CompanyDebtor, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Global Guaranty Agreement (Tanzanian Gold Corp)

Termination; Reinstatement. This Guaranty is irrevocable shall remain in full force and shall continue without limit of timeeffect until the Guarantied Obligations are paid in full and not subject to any recapture or preference in bankruptcy or similar proceedings. This Guaranty shall continue to be effective or be reinstated if at any time any payment made or value received with respect to an a Guarantied Obligation is rescinded or must otherwise be returned by the Investor Investors upon the insolvency, bankruptcy or reorganization of the CompanyBorrower, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Guaranty (First Blush Brands, Inc.)

Termination; Reinstatement. This Guaranty is irrevocable shall remain in full force and shall continue without limit of timeeffect until the Guarantied Obligations are paid in full and not subject to any recapture or preference in bankruptcy or similar proceedings. This Guaranty shall continue to be effective or be reinstated if at any time any payment made or value received with respect to an Obligation is rescinded or must otherwise be returned by the Investor Secured Party upon the insolvency, bankruptcy or reorganization of the CompanyIssuer, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Guaranty (Blast Energy Services, Inc.)

Termination; Reinstatement. This Guaranty is irrevocable shall remain in full force and shall continue without limit of timeeffect until the Guaranteed Obligations are paid in full. This Guaranty shall be reinstated if at any time any payment made or value received with respect to an Obligation any obligation of the Company to the Investor under the Transaction Documents is rescinded or must otherwise be returned by the Investor upon the insolvency, bankruptcy or reorganization of the Company, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Guaranty (American Standard Energy Corp.)

Termination; Reinstatement. This Guaranty shall remain in full force and effect until the Guarantied Obligations are paid in full and is irrevocable and shall continue without limit of timenot subject to any recapture or preference in bankruptcy or similar proceedings. This Guaranty shall continue to be effective or be reinstated if at any time any payment made or value received with respect to an Obligation any portion of the Guaranteed Obligations is rescinded or must otherwise be returned by the Investor upon the insolvency, bankruptcy or reorganization of the CompanyIssuer, or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Blast Energy Services, Inc.

Termination; Reinstatement. This Guaranty is irrevocable shall remain in full force and shall continue without limit of timeeffect against each individual Guarantor until all Obligations have been paid in full to the Noteholders at which time this Guaranty shall, subject to the following sentence, terminate. This Guaranty shall be reinstated reinstated, if at any time any payment made or value received with respect to an Obligation any obligation is rescinded or must otherwise be returned by the Investor Noteholders upon the insolvency, bankruptcy or reorganization of the Company, Apparel or otherwise, all as though such payment had not been made or value received.

Appears in 1 contract

Samples: Baker J Inc

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