Common use of Reinstatement, etc Clause in Contracts

Reinstatement, etc. (a) Each of the Guarantors agrees that this Guarantee shall continue to be effective or be reinstated, as the case may be, if at any time any payment (in whole or in part) of any of the Guaranteed Obligations is rescinded or must otherwise be restored by any Guaranteed Party, upon the insolvency, bankruptcy or reorganization of the Lessee or otherwise, as though such payment had not been made.

Appears in 2 contracts

Samples: Guarantee (Fred Meyer Inc), Guarantee (Quality Food Centers Inc)

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Reinstatement, etc. (a) Each of the Guarantors The Lessee Guarantor agrees that this Guarantee shall continue to be effective or be reinstated, as the case may be, if at any time any payment (in whole or in part) of any of the Guaranteed Obligations is rescinded or must otherwise be restored by any Guaranteed Party, upon the insolvency, bankruptcy or reorganization of the Lessee any Loan Party or otherwise, as though such payment had not been made.

Appears in 2 contracts

Samples: Lessee Guarantee (Fred Meyer Inc), Lessee Guarantee (Quality Food Centers Inc)

Reinstatement, etc. (a) Each of the Guarantors The Guarantor agrees that this Guarantee shall continue to be effective or be reinstated, as the case may be, if at any time any payment (in whole or in part) of any of the Guaranteed Obligations obligations is rescinded or must otherwise be restored by any Guaranteed PartyBank Party or any holder of any Note, upon the insolvency, bankruptcy or reorganization of the Lessee Company or otherwise, all as though such payment had not been made.

Appears in 1 contract

Samples: Revolving Credit Agreement (Kaman Corp)

Reinstatement, etc. (a) Each of the Guarantors The Guarantor agrees that this Guarantee shall continue to be effective or be reinstated, as the case may be, if at any time any payment or performance (in whole or in part) of any of the Guaranteed Guarantee Obligations is rescinded or must otherwise be restored by any Guaranteed PartyLessee, upon the its insolvency, bankruptcy or reorganization of the Lessee or otherwise, as though such payment or performance had not been made.

Appears in 1 contract

Samples: Participation Agreement (Lam Research Corp)

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Reinstatement, etc. (a) Each of the Guarantors The Guarantor agrees that this Guarantee shall continue to be effective or be reinstated, as the case may be, if at any time any payment (in whole or in part) of any of the Guaranteed Obligations is rescinded or must otherwise be restored by any Guaranteed PartyBank Party or any holder of any Note, upon the insolvency, bankruptcy or reorganization of the Lessee Company or otherwise, all as though such payment had not been made. SECTION 2.5.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Kaman Corp)

Reinstatement, etc. (a) Each of the Guarantors The Guarantor agrees that this Guarantee shall continue to be effective or be reinstated, as the case may be, if at any time any payment (in whole or in part) of any of the Guaranteed Obligations is rescinded or must otherwise be restored by any Guaranteed PartyBank Party or any holder of any Note, upon the insolvency, bankruptcy or reorganization of the Lessee Company or otherwise, all as though such payment had not been made.

Appears in 1 contract

Samples: Revolving Credit Agreement (Kaman Corp)

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