Termination and Reinstatement. Notwithstanding anything to the contrary contained herein, the Subordinated Indebtedness shall no longer be subordinated in right of liquidation pursuant to the terms contained herein otherwise at such time as the Secured Parties no longer have a lien on or security interest in the System Lease Obligations. If any payment to any of the Entitled Party, the Company, the Collateral Agent or the Secured Parties by Sharyland or any other Person in respect of any of the System Lease Obligations is held to constitute a preference or a voidable transfer under applicable Law, or if for any other reason any such party is required to refund such payment to Sharyland or to such Person or to pay the amount thereof to any other Person, each Subordinated Lender agrees and acknowledges that the provisions set forth herein shall continue to be effective or shall be reinstated, as the case may be, to the extent of any such payment or payments.
Termination and Reinstatement. 1. An employee who terminates employment and is rehired within one (1) year in the same job classification shall receive the previous rate of pay. In all other instances the procedures for regular employment shall apply.
Termination and Reinstatement. Guarantor’s obligations hereunder shall remain in full force and effect for a period of six (6) years from the date hereof. If at any time any payment with respect to the Guaranteed Obligations is rescinded or must be otherwise restored or returned as a result of any fraudulent conveyance or the insolvency, bankruptcy or reorganization of Seller or otherwise, Guarantor’s obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.
Termination and Reinstatement. Under no circumstances, however, shall an employee, as a result of termination and subsequent reinstatement, be entitled to payment of a greater uniform allowance than if the employee had remained employed without interruption of service.
Termination and Reinstatement. The guarantee made hereunder (a) shall terminate when all the Obligations have been (i) performed in full, including the indefeasible payment in full in cash of the Monetary Obligations and (ii) terminated and (b) shall continue to be effective or be reinstated, as the case may be, if at any time any payment, or any part thereof, of any Obligation is rescinded or must otherwise be restored by Seller upon the bankruptcy or reorganization of Buyer or Guarantor or for any other reason.
Termination and Reinstatement. This Guaranty shall be effective as of the Effective Date (a) shall terminate when all the Obligations have been (i) performed in full, including the indefeasible payment in full of the Monetary Obligations or (ii) terminated and (b) shall continue to be effective or be reinstated, as the case may be, if at any time any payment, or any part thereof, of any Obligation is rescinded or must otherwise be restored by the Jurisdictions upon the bankruptcy or reorganization of the Company or Guarantor or for any other reason.
Termination and Reinstatement. During the portion of the year when the ECC indicates that an upstream reservoir is refilling, a downstream Project owner may, by giving notice to the Reservoir Party, suspend its right to request further release of water from the upstream reservoir until the end of the current Refill-hold Period. During such period, the downstream Project owner may, by giving notice to the Reservoir Party, designate any portion of the water released from the upstream reservoir in excess of minimum releases as Assigned Water releases up to the amount of its Project’s remaining Assigned Water. The resulting return of In Lieu Energy shall be returned so as to conform to the return requirements in paragraph 9(j)(3) above. If the ECC is adjusted under paragraph 9(f)(1), Updating Variable Energy Curves, any right to request releases of water that had been suspended may be reinstated by the downstream Project owner by giving notice to the Reservoir Party when the adjusted ECC deviates from the previously designated ECC; provided after such reinstatement the downstream Project owner shall not again suspend its right until (i) it has made a request for a release of water at the reservoir, and (ii) seven days have elapsed since reinstatement.
Termination and Reinstatement. The obligations of Guarantor under this Guaranty shall automatically terminate 366 days after Landlord has received, and not been required to disgorge any part of, payment of all Monetary Obligations and all other sums due and owing under this Guaranty. If payment is made by Tenant, whether voluntarily or otherwise, or by any third party, on the Guaranteed Obligations and thereafter Landlord is forced to remit, rescind or restore the amount of that payment under any federal or state bankruptcy law or law for the relief of debtors or for any other reason, (a) the amount of such payment shall be considered to have been unpaid at all times for the purposes of enforcement of this Guaranty and (b) the obligations of Tenant guaranteed herein shall be automatically reinstated to the extent of such payment.
Termination and Reinstatement. If any payment due under the terms of this Agreement becomes sixty (60) days in arrears, the AOC will immediately terminate this Agreement pursuant to Article VIII, Section B, and disconnect LICENSEE'S access to AOC systems. LICENSEE may be permitted to reinstate this Agreement and access to AOC systems hereunder, but reinstatement is within the sole discretion of the AOC. In addition to any other condition that the AOC deems appropriate, reinstatement is dependent upon LICENSEE'S payment, prior to reinstatement, of all outstanding amounts due and the reinstatement fee set out in Attachment A. If access is terminated pursuant to this provision for a LICENSEE that subscribes to any recurring data extract under this Agreement, and LICENSEE'S resulting lack of access to recurring data extract files persists for a duration longer than the applicable recurring data extract files are retained on the AOC's file server accessible to LICENSEE for download of extract files, the file(s) required to make LICENSEE'S records of the type contained in the recurring data extract current may no longer be available on that server. If so, LICENSEE shall be required, as an additional condition of reinstatement, to pay the regular, monthly cost for any calendar month from which recurring data extract files must be provided to bring LICENSEE'S data current. Provided, however, that this additional monthly cost shall not be assessed for a particular calendar month if, prior to termination, LICENSEE has already paid the cost of the recurring data extract applicable to that month.
Termination and Reinstatement. (a) Notwithstanding any provision to the contrary herein, this Agreement and the guarantee made hereunder shall terminate for all purposes upon the termination of the Settlement Agreement pursuant to Section 7 of the Settlement Agreement.
