Common use of Invalidated Payments Clause in Contracts

Invalidated Payments. To the extent that the Senior Lender receives payments on, or proceeds of Collateral for, the Senior Obligations which are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to Borrowers or Holding Co., a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law, or equitable cause, then to the extent of such payment or proceeds received, the Senior Obligations, or part thereof, intended to be satisfied shall be revived and continue in full force and effect as if such payments or proceeds had not been received by the Senior Lender.

Invalidated Payments. To the extent that the holders of the Senior Lender receives Debt receive payments on, or proceeds of Collateral collateral for, the Senior Obligations Debt which are subsequently invalidated, declared to be fraudulent or preferential, set aside aside, avoided and/or required to be repaid by the holders of Senior Debt to Borrowers or Holding Co., a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law, or equitable cause, then then, to the extent of such payment or proceeds received, the Senior ObligationsDebt, or part thereof, intended to be satisfied shall be revived and continue in full force and effect as if such payments or proceeds had not been received by the holders of Senior LenderDebt.

Invalidated Payments. To the extent that the Senior Lender Agent or any other Senior Creditor receives payments on, or proceeds of Collateral for, the Senior Obligations which are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to Borrowers any Obligor or Holding Co.any Subsidiary thereof, a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law, or equitable cause, then to the extent of such payment or proceeds received, the Senior Obligations, or part thereof, intended to be satisfied shall be revived and continue in full force and effect as if such payments or proceeds had not been received by the Senior LenderAgent or such other Senior Creditor.

Invalidated Payments. To the extent that the Senior Lender Creditor receives payments on, or proceeds of Collateral collateral for, the Senior Obligations Debt which are subsequently invalidated, declared to be fraudulent or preferential, set aside aside, avoided and/or required to be repaid to Borrowers or Holding Co., a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law, equitable cause or equitable causepursuant to the Indenture, then then, to the extent of such payment or proceeds received, the Senior ObligationsDebt, or part thereof, intended to be satisfied shall be revived and continue in full force and effect as if such payments or proceeds had not been received by the Senior LenderCreditor.

Invalidated Payments. To the extent that the Senior Lender receives payments on, or proceeds of Collateral for, the Senior Obligations which are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to the Borrowers or Holding Co.the Guarantor, a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law, or equitable cause, then to the extent of such payment or proceeds received, the Senior Obligations, or part thereof, intended to be satisfied shall be revived and continue in full force and effect as if such payments or proceeds had not been received by the Senior Lender.

Invalidated Payments. To the extent that the Senior Lender receives payments on, or proceeds of Senior Lender Collateral for, the Senior Obligations which are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to Borrowers or Holding Co.any Credit Party, a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law, or equitable cause, then to the extent of such payment or proceeds received, the Senior Obligations, or part thereof, intended to be satisfied shall be revived and continue in full force and effect as if such payments or proceeds had not been received by the Senior Lender.

Invalidated Payments. To the extent that the Senior Lender receives payments on, or proceeds of Collateral for, the Senior Obligations which are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to Borrowers any Borrower or Holding Co.the Guarantor, a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law, or equitable cause, then to the extent of such payment or proceeds received, the Senior Obligations, or part thereof, intended to be satisfied shall be revived and continue in full force and effect as if such payments or proceeds had not been received by the Senior Lender.