Common use of Reinstatement Clause in Contracts

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 80 contracts

Samples: Credit Agreement (Audacy, Inc.), Abl Credit Agreement (Prestige Consumer Healthcare Inc.), Credit Agreement (Portillo's Inc.)

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Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 79 contracts

Samples: First Lien Credit Agreement (SolarWinds Corp), Senior Secured Term Loan Credit Agreement (Internap Corp), Term Loan Credit Agreement (Internap Corp)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization or otherwise.

Appears in 38 contracts

Samples: Credit Agreement (Hilton Grand Vacations Inc.), Credit Agreement (Hilton Worldwide Holdings Inc.), Credit Agreement (Hilton Grand Vacations Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 38 contracts

Samples: Loans and Payments (Option Care Health, Inc.), Credit Agreement (Trinseo PLC), First Lien Credit Agreement (Option Care Health, Inc.)

Reinstatement. The obligations of the Subsidiary Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 23 contracts

Samples: Credit Agreement (Merge Healthcare Inc), Credit Agreement (CSG Systems International Inc), Credit Agreement (Merge Healthcare Inc)

Reinstatement. The obligations of the Guarantors under this Article XI 11 shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 19 contracts

Samples: Credit Agreement (Yellow Corp), Credit Agreement (Yellow Corp), Credit Agreement (Surgery Partners, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI 11 shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization or otherwise.

Appears in 15 contracts

Samples: Credit Agreement (Alight, Inc. / Delaware), Credit Agreement (NRG Energy, Inc.), Credit Agreement (Alight, Inc. / Delaware)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the any Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 12 contracts

Samples: Revolving Syndicated Facility Agreement (Tronox LTD), Revolving Syndicated Facility Agreement (Tronox LTD), Credit Agreement (TiVo Corp)

Reinstatement. The obligations of the Guarantors under this Article XI X shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 9 contracts

Samples: Credit Agreement (SeaWorld Entertainment, Inc.), Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (SeaWorld Entertainment, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization reorganization, pursuant to any Debtor Relief Law or otherwise.

Appears in 8 contracts

Samples: Credit Agreement (iHeartMedia, Inc.), Credit Agreement (iHeartMedia, Inc.), Credit Agreement

Reinstatement. The obligations of the Guarantors and the Borrower under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Credit Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether in each case, including as a result of any proceedings in bankruptcy or reorganization or otherwisepursuant to a Debtor Relief Law.

Appears in 7 contracts

Samples: Credit Agreement (Cvent Holding Corp.), Credit Agreement (Dragoneer Growth Opportunities Corp. II), Second Lien Credit Agreement (Allvue Systems Holdings, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 6 contracts

Samples: Credit Agreement (Layne Christensen Co), Credit Agreement (Layne Christensen Co), Credit Agreement (International Seaways, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 6 contracts

Samples: Credit Agreement (Loar Holdings, LLC), Pledge Agreement (International Seaways, Inc.), Assignment and Assumption (Philadelphia Energy Solutions Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI X shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the applicable Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the applicable Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 6 contracts

Samples: Credit Agreement (Telesat Holdings Inc.), Credit Agreement (Telesat Holdings Inc.), Credit Agreement (Telesat Holdings Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI 13 shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan any Credit Party in respect of the Guaranteed Guarantors’ Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Guarantors’ Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 5 contracts

Samples: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc), Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc), Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the applicable Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the applicable Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 5 contracts

Samples: Credit Agreement (Ply Gem Holdings Inc), Credit Agreement (Ply Gem Holdings Inc), Credit Agreement (Ply Gem Holdings Inc)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 5 contracts

Samples: Security Agreement, Credit Agreement (Meredith Corp), Credit Agreement (Time Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Credit Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 5 contracts

Samples: Subordination and Intercreditor Agreement (Volta Inc.), Term Loan, Guarantee and Security Agreement (Volta Inc.), Guarantee and Security Agreement (EVmo, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 4 contracts

Samples: Credit Agreement (Magnachip Semiconductor LLC), Credit Agreement (Magnachip Semiconductor LLC), Credit Agreement (USA Mobility, Inc)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.. Section 11.04

Appears in 3 contracts

Samples: Existing Credit Agreement (Prestige Consumer Healthcare Inc.), Credit Agreement (Activision Blizzard, Inc.), Credit Agreement (Activision Blizzard, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization or otherwise.

Appears in 3 contracts

Samples: Credit Agreement (Hilton Grand Vacations Inc.), Credit Agreement (Hilton Grand Vacations Inc.), Credit Agreement (Hilton Grand Vacations Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI XIII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 3 contracts

Samples: Credit Agreement (NPC Restaurant Holdings, LLC), Credit Agreement (NPC Restaurant Holdings, LLC), Franchise Agreement (NPC Operating Co B, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI IX shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other any Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 3 contracts

Samples: Credit and Guarantee Agreement (Janus International Group, Inc.), Credit and Guarantee Agreement (Janus International Group, Inc.), Abl Credit and Guarantee Agreement (Janus International Group, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI X shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization or otherwise.

Appears in 3 contracts

Samples: Credit Agreement (Tradeweb Markets Inc.), Credit Agreement (Tradeweb Markets Inc.), Credit Agreement (Tradeweb Markets Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 3 contracts

Samples: Credit Agreement (Leiner Health Services Corp.), Credit Agreement (Kendle International Inc), Credit Agreement (Builders FirstSource, Inc.)

Reinstatement. The obligations of the Guarantors each Guarantor under this Article XI IX shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Party in respect of the Guaranteed Obligations is rescinded or must otherwise be otherwise restored or returned by the Administrative Agent or any holder of any of the Guaranteed ObligationsLender, whether as a result of insolvency, any proceedings in bankruptcy bankruptcy, dissolution, liquidation or reorganization or otherwise.

Appears in 3 contracts

Samples: Day Credit Agreement (Stanley Black & Decker, Inc.), Day Credit Agreement (Stanley Black & Decker, Inc.), Day Credit Agreement (Stanley Works)

Reinstatement. The obligations of the Guarantors under this Article XI VIII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 3 contracts

Samples: Intercreditor Agreement (Delta Tucker Holdings, Inc.), Bridge Loan Agreement (Allis Chalmers Energy Inc.), Credit Agreement (Geokinetics Inc)

Reinstatement. The obligations of the Guarantors under this Article XI IX shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Credit Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization under any Debtor Relief Law or otherwise.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Par Petroleum Corp/Co), Term Loan Agreement (Gevo, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Credit Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.. 11.4

Appears in 2 contracts

Samples: Loan Agreement (Volta Inc.), Loan Agreement (Volta Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Parent Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 2 contracts

Samples: Credit Agreement (Change Healthcare Holdings, Inc.), Credit Agreement (TC3 Health, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI Section 2 shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Company or any other Loan Note Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Global Eagle Entertainment Inc.), Guaranty (Global Eagle Entertainment Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise. Section 11.04.

Appears in 2 contracts

Samples: Credit Agreement (Redwire Corp), Credit Agreement (Redwire Corp)

Reinstatement. The obligations of the Guarantors and the Borrower under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization reorganization, pursuant to any Debtor Relief Law or otherwise.

Appears in 2 contracts

Samples: Credit Agreement (iHeartMedia, Inc.), Credit Agreement (iHeartMedia, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Credit Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether in each case, as a result of any proceedings in bankruptcy or reorganization or otherwisepursuant to a Debtor Relief Law.

Appears in 2 contracts

Samples: Credit Agreement (Transfirst Holdings Corp.), Credit Agreement (Transfirst Holdings Corp.)

Reinstatement. The obligations of the Guarantors each Guarantor under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 2 contracts

Samples: Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD)

Reinstatement. The obligations of the Guarantors under this Article XI XIII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower PESRM or other Loan Transaction Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings Proceedings in bankruptcy or reorganization or otherwise.

Appears in 2 contracts

Samples: Supply and Offtake Agreement (Philadelphia Energy Solutions Inc.), Supply and Offtake Agreement (Philadelphia Energy Solutions Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization reorganization, pursuant to any Debtor Relief Law or otherwise.. 153

Appears in 2 contracts

Samples: Credit Agreement (Nebula Parent Corp.), Credit Agreement (Nebula Parent Corp.)

Reinstatement. The obligations of the Guarantors under this Article XI Section 2 shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 2 contracts

Samples: Intercreditor Agreement (Philadelphia Energy Solutions Inc.), Credit Agreement (Philadelphia Energy Solutions Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI ARTICLE VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the applicable Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the applicable Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 2 contracts

Samples: Credit Agreement (Ply Gem Industries Inc), Credit Agreement (Ply Gem Industries Inc)

Reinstatement. The obligations of the Guarantors Guarantor under this Article XI VIII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 2 contracts

Samples: Credit Agreement and Guarantee (Weyerhaeuser Co), Credit Agreement and Guarantee (Plum Creek Timber Co Inc)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.. Section 11.04

Appears in 2 contracts

Samples: Credit Agreement (Option Care Health, Inc.), Credit Agreement (Trinseo S.A.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower BorrowerBorrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Hilton Grand Vacations Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI IV shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or any other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Smart Sand, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI IV shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party any Person in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy applicable domestic or reorganization foreign bankruptcy, insolvency, receivership or other similar law or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Centerpoint Energy Resources Corp)

Reinstatement. The obligations of the Guarantors under this Article XI IV shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party any Person in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed ObligationsSecured Party, whether as a result of any proceedings in bankruptcy or reorganization or otherwise., and each Guarantor agrees that it will indemnify the Secured 61 CHAR1\1707916v5

Appears in 1 contract

Samples: Credit Agreement (Establishment Labs Holdings Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.. 141

Appears in 1 contract

Samples: Credit Agreement (Internap Network Services Corp)

Reinstatement. The obligations of the Guarantors each Guarantor under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other any Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the such Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Term Loan Agreement (Nabors Industries LTD)

Reinstatement. The obligations of the Guarantors under this Article XI XI11 shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Uniti Group Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI XIII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Term Loan Credit and Guaranty Agreement (New Enterprise Stone & Lime Co., Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI ‎XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.. 190

Appears in 1 contract

Samples: Credit Agreement (OTG EXP, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the a Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Astronics Corp)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the any Borrower or any other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (NDS Group Holdings, LTD)

Reinstatement. The obligations of the Guarantors under this Article XI Agreement shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Guarantee Agreement (Colonial Downs, LLC)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization reorganization, pursuant to any Debtor Relief Law or otherwise.. 210

Appears in 1 contract

Samples: Credit Agreement (Travelport Worldwide LTD)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the applicable Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the applicable Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Bridge Loan Agreement (Loral Space & Communications Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on 101 behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Mattress Firm Holding Corp.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any 173 holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Velocity Financial, Inc.)

Reinstatement. The obligations of the Guarantors each Guarantor under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other any Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the such Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Term Loan Agreement (Nabors Industries LTD)

Reinstatement. The obligations of the Guarantors under this Article XI X shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored or turned over by any holder of any of the Guaranteed ObligationsObligations upon the insolvency, whether as a result of any proceedings in bankruptcy bankruptcy, dissolution, liquidation or reorganization of the Borrower or otherwiseany Loan Party.

Appears in 1 contract

Samples: Loan Agreement (Body & Mind Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI Section 3 shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Guarantee Assumption Agreement

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Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Party Guarantors in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Five Below, Inc)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party Borrowers in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Tele Norte Celular Participacoes Sa)

Reinstatement. The obligations of the Guarantors Limited Guarantor under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Solarcity Corp)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.other wise. Section 11.04

Appears in 1 contract

Samples: Term Loan Credit Agreement (Prestige Brands Holdings, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI ‎VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Inotiv, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI IX shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other any Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.#4848-1207-1386 143

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Janus International Group, Inc.)

Reinstatement. The obligations and liabilities of the Guarantors under this Article XI VII shall continue or be automatically reinstated if and to the extent that for any reason any payment payment, security or other disposition by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded rescinded, avoided, set aside or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or bankruptcy, liquidation, reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Hercules Offshore, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI ARTICLE VIII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Term Loan Agreement (Stanadyne Holdings, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI X shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the thea Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Dave & Buster's Entertainment, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.. 162

Appears in 1 contract

Samples: Credit Agreement (International Seaways, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.. 144

Appears in 1 contract

Samples: Credit Agreement (Res Care Inc /Ky/)

Reinstatement. The obligations of the Guarantors under this Article XI X shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Issuers or other Loan Note Party in respect of the Guaranteed Note Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Note Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Intercreditor Agreement (Option Care Health, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI XIII shall be automatically auto- matically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (NPC Restaurant Holdings, LLC)

Reinstatement. The Subject to Section 10.09, the obligations ------------- of the Guarantors under this Article XI X shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.Credit Agreement ----------------

Appears in 1 contract

Samples: Credit Agreement (Electric Lightwave Inc)

Reinstatement. The obligations of the Guarantors under this Article XI VIII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Company or other Loan Party Issuer in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Purchase Agreement (Digital Domain)

Reinstatement. The obligations of the Guarantors under this Article XI XII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Term Loan Credit and Guaranty Agreement (New Enterprise Stone & Lime Co., Inc.)

Reinstatement. The obligations of the Subsidiary Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.. 115

Appears in 1 contract

Samples: Credit Agreement (Biglari Holdings Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the either Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Bearingpoint Inc)

Reinstatement. The obligations of the Guarantors Guarantor under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (International Flavors & Fragrances Inc)

Reinstatement. The obligations of the Guarantors under this Article XI XIII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (NPC International Inc)

Reinstatement. The obligations of the Guarantors under this Article ARTICLE XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Expro Oilfield Services PLC)

Reinstatement. The obligations of the Guarantors under this Article XI IV shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party any Person in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Syntel Inc)

Reinstatement. The obligations of the Guarantors and the Borrower under this Article XI ‎Article VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Credit Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether in each case, including as a result of any proceedings in bankruptcy or reorganization or otherwisepursuant to a Debtor Relief Law.

Appears in 1 contract

Samples: Credit Agreement (Ping Identity Holding Corp.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.. 210

Appears in 1 contract

Samples: Credit Agreement (Playa Hotels & Resorts N.V.)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by 147 AMERICAS 94626185 any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Jason Industries, Inc.)

Reinstatement. The obligations of the U.S. Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the U.S. Borrower or other Loan Party in respect of the U.S. Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the U.S. Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Gates Industrial Corp PLC)

Reinstatement. The obligations of the Guarantors under this Article XI shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Borrowers or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or 212 otherwise.

Appears in 1 contract

Samples: Credit Agreement (Redwire Corp)

Reinstatement. The obligations of the Guarantors under this Article XI X shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party any Person in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise., and each Guarantor agrees that it will indemnify the 150 US-DOCS\136335661.3140506888.9

Appears in 1 contract

Samples: Credit Agreement (Tutor Perini Corp)

Reinstatement. The obligations of the Guarantors under this Article XI IV shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party any Person in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed ObligationsSecured Party, whether as a result of any proceedings in bankruptcy or reorganization or otherwise., and each Guarantor agrees that it will indemnify the Secured 57 CHAR1\1659840v4

Appears in 1 contract

Samples: Credit Agreement (Establishment Labs Holdings Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the applicable Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the applicable Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Ply Gem Holdings Inc)

Reinstatement. The obligations of the Guarantors under this Article XI X shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower Issuer or other Loan Note Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in insolvency, bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Note Purchase Agreement (Sitio Royalties Corp.)

Reinstatement. The obligations of the Guarantors under this Article XI XII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Party Debtor in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Possession Credit Agreement (Raser Technologies Inc)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the a Borrower or other Loan Party in respect of the relevant Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the relevant Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Petroleum Geo Services Asa)

Reinstatement. The obligations of the Guarantors under this Article XI ARTICLE VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (GSE Lining Technology, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI cle VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (AP Gaming Holdco, Inc.)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of Borrower, the Borrower Guarantors or other Loan Party its Subsidiaries in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Loan and Guaranty Agreement (Net Servicos De Comunicacao S A)

Reinstatement. The obligations of the Guarantors under this Article XI X shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or other Loan Party any Person in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise., and each Guarantor agrees that it will indemnify the 145 US-DOCS\146702970.0000000000.7

Appears in 1 contract

Samples: Credit Agreement (Tutor Perini Corp)

Reinstatement. The obligations of the Guarantors under this Article XI VII shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Party in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Delta Petroleum Corp/Co)

Reinstatement. The obligations of the Guarantors under this Article XI IX shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of the Borrower or any other Loan Credit Party in respect of the Obligations and/or Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Obligations and/or Guaranteed Obligations, whether as a result of any proceedings in bankruptcy or reorganization under any Debtor Relief Law or otherwise.

Appears in 1 contract

Samples: Term Loan and Bridge Loan Credit Agreement (Par Petroleum Corp/Co)

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