Continuation of Guaranty. The Guarantor further agrees that the obligations hereunder shall continue to be effective or reinstated, as the case may be, if at any time payment or any part thereof of the Loan or the Note is rescinded or must otherwise be restored by the Lender upon the bankruptcy or reorganization of the Borrower, the Guarantor or otherwise.
Continuation of Guaranty. Guarantor covenants that this Guaranty will not be discharged except by complete performance of the Guaranteed Obligations contained in this Guaranty. This Guaranty shall not be affected by, and shall remain in full force and effect notwithstanding, any bankruptcy, insolvency, liquidation, or reorganization of Maker or Guarantor.
Continuation of Guaranty. This guaranty shall continue to be effective, or be reinstated, as the case may be, if at any time payment or performance, or any part thereof, of any of Buyer’s Obligations is rescinded or must otherwise be restored or returned by Sellers upon insolvency, bankruptcy, dissolution, liquidation or reorganization of Buyer, or upon or as a result of the appointment of any receiver, intervenor or conservator of, or trustee or similar officer for Buyer or any substantial part of its property; or otherwise, as if such payments or performances had not been made.
Continuation of Guaranty. In the event that all or any portion of the Obligations are paid by the Issuer, the obligations of the Guarantors hereunder shall continue [EXECUTION COPY] and remain in full force and effect or be reinstated, as the case may be, in the event that all or any part of such payment(s) are rescinded or recovered directly or indirectly from the Holders of Notes as a preference, fraudulent transfer or otherwise, and any such payments which are so rescinded or recovered shall constitute Obligations for all purposes under this ARTICLE III.
Continuation of Guaranty. The Guarantor further agrees that the obligations hereunder shall continue to be effective or reinstated, as the case may be, if at any time payment or any part thereof of the Secured Notes is rescinded or must otherwise be restored by the Trustee upon the bankruptcy or reorganization of CB-US, the Guarantor or otherwise.
Continuation of Guaranty. Jxxxx hereby agrees that the Guaranty shall continue in full force and effect with respect to Assignee's repayment of the Loan under the terms of the Agreement.
Continuation of Guaranty. Guarantor further agrees that the obligations hereunder shall continue to be effective or reinstated, as the case may be, if at any time payment or any part thereof of the Obligations is rescinded or must otherwise be restored by Lender upon the bankruptcy or reorganization of Borrower, Guarantor or otherwise. If any demand is made at any time upon Lender for the repayment or recovery of any amount received by it in payment or on account of any of the Obligations and if Lender repays all or any part of such amount by reason of any judgment, decree or order of any court or administrative body or by reason of any settlement or compromise of any such demand, Guarantor will be and remain liable hereunder for the amount so repaid or recovered to the same extent as if such amount had never been received originally by Lender. The provisions of this Section will be and remain effective notwithstanding any contrary action which may have been taken by Guarantor in reliance upon such payment, and any such contrary action so taken will be without prejudice to Lender’s rights hereunder and will be deemed to have been conditioned upon such payment having become final and irrevocable.
Continuation of Guaranty. The Guarantor further agrees that the obligations hereunder shall continue to be effective or reinstated, as the case may be, if at any time payment or any part thereof of the Clinton Brookside Loan or the Note is rescinded or must otherwise be restored by the Lender upon the bankruptcy or reorganization of the Clinton Brookside Borrower, the Guarantor or otherwise.
Continuation of Guaranty. In the event that the Obligations of the Borrower under the Credit Agreement shall be accelerated pursuant to the provisions of Section 8.1 thereof, this Guaranty shall continue to be in full force and effect. Subject to the provisions of Section 10 hereof, upon the indefeasible payment and performance of the Guaranteed Obligations by the Guarantors, this Completion Guaranty shall terminate. All amounts received by the Administrative Agent hereunder shall be applied by it to the payment of the Guaranteed Obligations and in accordance with the Loan Documents.
Continuation of Guaranty. This Guaranty is in renewal, extension, and modification, but not discharge or novation, of that certain Second Amended and Restated Guaranty dated as of November 10, 2005, executed by Guarantor in favor of Royal Bank of Canada, in its capacity as administrative agent, which was in renewal, extension, and modification, of that certain Amended and Restated Guaranty dated as of October 29, 2004, executed by Guarantor in favor of Royal Bank of Canada, in its capacity as administrative agent, which was in renewal, extension, and modification, but not discharge or novation, of that certain Guaranty dated as of November 6, 2002, executed by Guarantor in favor of Royal Bank of Canada, in its capacity as administrative agent.
