Return of Payment. Grantor hereby agrees that if at any time all or any part of any payment theretofore paid by Grantor and applied by Secured Party under any of the Obligations is returned by Secured Party for any reason whatsoever (including, without limitation, the insolvency, bankruptcy, reorganization or assignment for the benefit of creditors of Grantor) such Obligations, for the purpose of this Agreement, to the extent that such payment is returned, shall be deemed to have continued in existence, notwithstanding such application by Secured Party, and this Agreement shall continue to be effective or be reinstated, as the case may be, as to such Obligations, all as though such application by Secured Party had not been made.
Return of Payment. We may require a claim payment to be returned to us if it subsequently appears that such a claim should not have been paid under the provisions of this contract and if, in the case of insolvency of the buyer, the debt is not subsequently admitted to rank.
Return of Payment. Guarantor hereby agrees that if at any time all or any part of any payment theretofore applied by Lender to any Indebtedness Hereby Guaranteed is rescinded or returned by Lender for any reason whatsoever (including, without limitation, the insolvency, bankruptcy, liquidation or reorganization of any party), the Indebtedness Hereby Guaranteed shall, for the purposes of this Guaranty, be deemed to have continued in existence to the extent of such payment, notwithstanding such application by Lender, and this Guaranty shall continue to be effective or be reinstated, as the case may be, as to the Indebtedness Hereby Guaranteed, all as though such application by Lender had not been made.
Return of Payment. If the Creditor Equity Rights Offering is not consummated, any cash paid to the Subscription Agent will be returned, without interest except in the case of a Debt Commitment Party, to the applicable Eligible Holder as soon as reasonably practicable, but in any event within five Business Days, after the date on which the Creditor Equity Rights Offering is terminated.
Return of Payment. In the event that the Investment Company is unable to locate a Designated Shareholder within 60 days of the initial disbursement of the Designated Shareholder Amounts, such Designated Shareholder’s Designated Shareholder Payment shall be returned to the Treasury except as prohibited by law.
Return of Payment. We may require a claim payment to be returned to us if it subsequently appears that such a claim should not have been paid under the provisions of this contract and if, in the case of insolvency of the buyer, the debt is not subsequently admitted to rank. Registered and Corporate Office address: ICICI Lombard General Insurance Company Ltd., ICICI Lombard House, 000, Xxxx Xxxxxxxx Marg, Prabhadevi, Mumbai – 400025, IRDAI Registration No: 115, CIN: L67200MH2000PLC129408, Telephone: 00000000000, Email Id: xxxxxxxxxxxxxxxxx@xxxxxxxxxxxx.xxx. Website: xxx.xxxxxx-xxxxx.xx.xx. Product Name: Trade Credit Insurance. UIN: IRDAN139CP0048V01201819. ICICI Lombard General Insurance Company Limited
Return of Payment. In the event of payment to Purchaser of any amount for a Total Loss or Partial Loss pursuant to this Contract with respect to a Satellite and it is later determined that the Available Communications Capacity of such Satellite has not been reduced to the extent claimed as the basis for such payment, Purchaser shall return to Contractor, within thirty (30) days after receipt of Contractor's invoice, which shall be issued no earlier than the date of such determination, an amount such that the payment retained by Customer equals the amount that would have been paid had the Available Communications Capacity been calculated as subsequently determined.
Return of Payment. To the extent any payment for the account of ----------------- Borrower is required to be returned as a voidable transfer or otherwise, the Lenders shall contribute to one another as is necessary to ensure that such return of payment is on a pro rata basis.
Return of Payment. If you breach any of your obligations under this Agreement, in addition to any other legal or equitable remedies it may have for such breach, you shall return the Severance Pay to the Company.
Return of Payment. Unless the Closing Date has occurred, the Rights Offering will be deemed automatically terminated without any action of any party upon the earliest of (i) revocation of the Plan, (ii) termination of the Plan Support Agreement (as defined in the Equity Purchase and Commitment Agreement) in accordance with its terms, (iii) termination of the Equity Purchase and Commitment Agreement in accordance with its terms, and (iv) August 31, 2021 (as may be extended pursuant to Section 9.2(b)(i) of the Equity Purchase and Commitment Agreement). If the Rights Offering is terminated or otherwise not consummated, any cash paid to the Subscription Agent will be returned, without interest, to the applicable Eligible Existing Hertz Shareholder, Eligible Unsecured Funded Debt Holder or Backstop Investor as soon as reasonably practicable, but in no event later than five Business Days after the date on which the Rights Offering is terminated.
