Revival and Reinstatement. If Bank is required to pay, return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank shall continue with regard to such amounts, all as though they had never been paid.
Appears in 3 contracts
Samples: Credit Loan Agreement (Bre Properties Inc /Md/), Assignment and Assumption Agreement (Essex Property Trust Inc), Trex Co Inc
Revival and Reinstatement. If Bank Lender is required to pay, return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank Lender shall continue with regard to such amounts, all as though they had never been paid.
Appears in 3 contracts
Samples: Farmland Partners Inc., Farmland Partners Inc., Owens Realty Mortgage, Inc.
Revival and Reinstatement. If Bank is required to pay, return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank shall continue with regard to such amounts, all as though they had never been paid.
Appears in 3 contracts
Samples: Payment Guaranty (Historic Preservation Properties 1989 Limited Partnership), Payment Guaranty (Historic Preservation Properties 1989 Limited Partnership), Newmark Homes Corp
Revival and Reinstatement. If Bank is required to pay, return or ------------------------- restore to ------------------------- Borrower or any other person any amounts previously paid on the Loan because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank shall continue with regard to such amounts, all as though they had never been paid.
Appears in 2 contracts
Samples: Indemnity Agreement (Prolong International Corp), Secured and Unsecured Indemnity Agreement (Prolong International Corp)
Revival and Reinstatement. If Bank is the Banks are required to pay, ------------------------- return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan Loans because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, to the extent that the source of such payment was a Cash Equity Contribution from Guarantors pursuant to this Guaranty, the obligations of Guarantor Guarantors shall be reinstated and revived and the rights of Bank the Managing Agent and the Banks shall continue with regard to such amounts, all as though they had never been paid.
Appears in 1 contract
Samples: MGM Grand Inc
Revival and Reinstatement. If Bank is required to pay, return or ------------------------- restore to any Borrower or any other person any amounts previously paid on the any Loan Obligations because of any Insolvency Proceeding of Borrower, any stop notice Borrower or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank shall continue with regard to such amounts, all as though they had never been paid.
Appears in 1 contract
Samples: Arlen Corp
Revival and Reinstatement. If Bank the Lender is required to pay, return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan Guaranteed Obligations because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank the Lender shall continue with regard to such amounts, all as though they had never been paid.
Appears in 1 contract
Revival and Reinstatement. If Bank the Lender is required to pay, return or ------------------------- restore to Borrower or any other person any amounts previously paid on the Loan because of any Insolvency Proceeding of Borrower, any stop notice or any other reason, the obligations of Guarantor shall be reinstated and revived and the rights of Bank the Lender shall continue with regard to such amounts, all as though they had never been paid.
Appears in 1 contract
Samples: General Guaranty and Indemnity Agreement (CMR Mortgage Fund II, LLC)