Discharge Only Upon Payment In Full. Reinstatement In Certain Circumstances. Each of the Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations (other than contingent indemnity obligations) shall have been paid in full in cash and the Commitments and all Facility LCs issued under the 3-Year Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Advance, any Reimbursement Obligation or any other amount payable by any Borrower or any other party under the Credit Agreements or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower or otherwise, each of the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Acuity Brands Inc), 364 Day Revolving Credit Agreement (Acuity Brands Inc)
Discharge Only Upon Payment In Full. Reinstatement In Certain Circumstances. Each of the Guarantors' β obligations hereunder shall remain in full force and effect until all Guaranteed Obligations (other than contingent indemnity obligations) shall have been paid in full in cash and the Commitments and all Facility LCs issued under the 3-Year Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Advance, any Reimbursement Obligation or any other amount payable by any Borrower or any other party under the Credit Agreements Agreement, any Designated-Financial Contract or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower or otherwise, each of the Guarantors' β obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
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Discharge Only Upon Payment In Full. Reinstatement In Certain Circumstances. Each of the Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations (other than contingent indemnity obligations) shall have been paid in full in cash and the Commitments and all Facility LCs issued under the 3-Year Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Advance, any Reimbursement Obligation or any other amount payable by any the Borrower or any other party under the Credit Agreements Agreement, any Designated Financial Contract or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
Appears in 1 contract
Sources: Revolving Credit Agreement (Applebees International Inc)
Discharge Only Upon Payment In Full. Reinstatement In Certain Circumstances. Each The obligations of the Guarantors' obligations Guarantor hereunder shall remain in full force and effect until all Guaranteed Obligations (other than contingent indemnity obligations) shall have been indefeasibly paid in full in cash and full, the Commitments and all Facility LCs issued under the 3-Year Credit Agreement shall have terminated or expired and all Rate Management Transactions have terminated or expired. If at any time any payment of the principal Borrower of or interest on any Advance, any Reimbursement Obligation Note or any other amount payable by any the Borrower or any other party under the Credit Agreements Agreement, any Rate Management Transaction or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
Appears in 1 contract
Sources: Guaranty (Petroquest Energy Inc)
Discharge Only Upon Payment In Full. Reinstatement In Certain CircumstancesREINSTATEMENT IN CERTAIN CIRCUMSTANCES. Each of the Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until all Guaranteed Obligations (other than contingent indemnity obligations) shall have been indefeasibly paid in full in cash and full, the Commitments and all Facility LCs issued under the 3-Year Credit Agreement shall have terminated or expired and all Rate Management Transactions have terminated or expired. If at any time any payment of the principal Borrower of or interest on any Advance, any Reimbursement Obligation Note or any other amount payable by any the Borrower or any other party under the Credit Agreements Agreement, any Rate Management Transaction, or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any the Borrower or otherwise, each of the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
Appears in 1 contract
Sources: Credit Agreement (Amli Residential Properties Trust)
Discharge Only Upon Payment In Full. Reinstatement In Certain Circumstances. Each of the Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations (other than contingent indemnity obligations) shall have been paid in full in cash and the Commitments and all Facility LCs Letters of Credit issued under the 3-Year Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Advance, any Advance or Reimbursement Obligation or any other amount payable by any the Borrower or any other party under the Credit Agreements Agreement, any Designated Hedging Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower or otherwise, each of the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.. 9 167
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Discharge Only Upon Payment In Full. Reinstatement In Certain Circumstances. Each of the Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations (other than contingent indemnity obligations) shall have been paid in full in cash and the Revolving Loan Commitments and all Facility LCs Letters of Credit issued under the 3-Year Credit Agreement Agreements shall have terminated or expired. If at any time any payment of the principal of or interest on any Advance, any Reimbursement Obligation or any other amount payable by the Company or any Subsidiary Borrower or any other party under the Credit Agreements or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company or any Subsidiary Borrower or otherwise, each of the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
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