Reinstatement; Certain Payments. If claim is ever made upon Lender ------------------------------- for repayment or recovery of any amount or amounts received by Lender in payment or on account of any of the Obligations under this Agreement, Lender shall give prompt notice of such claim to Borrower, and if Lender repays all or part of said amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over Lender or any of its property or (ii) any good faith settlement or compromise of any such claim effected by Lender with any such claimant, then and in such event, Borrower agrees that (a) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower notwithstanding the cancellation of the Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents and (b) it shall be and remain liable to Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by Lender.
Appears in 6 contracts
Sources: Subordinated Promissory Note (Fox Kids Worldwide Inc), Subordinated Note Agreement (Fox Kids Worldwide Inc), Subordinated Note Agreement (Fox Television Stations Inc /De/)
Reinstatement; Certain Payments. If any claim is ever made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations under this AgreementObligations, the Lender shall give prompt notice of such claim to the Borrower, and if the Lender repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, then and in such event, Borrower event each Loan Party agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the Note any Indebtedness hereunder or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 5 contracts
Sources: Credit and Security Agreement (Armata Pharmaceuticals, Inc.), Credit and Security Agreement (Armata Pharmaceuticals, Inc.), Credit and Security Agreement (Armata Pharmaceuticals, Inc.)
Reinstatement; Certain Payments. If claim is ever made upon Lender ------------------------------- the Bank for repayment or recovery of any amount or amounts received by Lender the Bank in payment or on account of any of the Obligations under this Agreement, Lender the Bank shall give prompt notice of such claim to the Borrower, and if Lender the Bank repays all or part of said amount by reason of (ia) any judgment, decree or order of any court or administrative body having jurisdiction over Lender the Bank or any of its property property, or (iib) any good faith settlement or compromise of any such claim effected by Lender the Bank with any such claimant, then and in such event, event the Borrower agrees that (a) any such judgment, decree, order, settlement or compromise shall be binding upon such Borrower notwithstanding the cancellation of the Revolving Credit Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or Agreement, and the other Loan Documents and (b) it Borrower shall be and remain liable to Lender the Bank hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by Lenderthe Bank.
Appears in 4 contracts
Sources: Rloc Credit Agreement (Healthier Choices Management Corp.), Rloc Credit Agreement (Healthier Choices Management Corp.), Rloc Credit Agreement (Healthier Choices Management Corp.)
Reinstatement; Certain Payments. If any claim is ever made upon Lender ------------------------------- the Trustee or any Holder for repayment or recovery of any amount or amounts received by Lender the Trustee or such Holder in payment or on account of any of the Obligations under this AgreementObligations, Lender the Trustee or such Holder shall give prompt notice of such claim to Borrowereach other Holder and the Issuers, and if Lender the Trustee or such Holder repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over Lender the Trustee or such Holder or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by Lender the Trustee or such Holder with any such claimant, then and in such event, Borrower event each Obligor agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the Note any Indebtedness hereunder or other instrument evidencing the Obligations under this Agreement or the other Loan Note Documents or the termination of this Agreement Indenture or the other Loan Documents Note Documents, and (bB) it shall be and remain liable to Lender the Trustee or such Holder hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by Lenderthe Trustee or such Holder.
Appears in 4 contracts
Sources: Indenture (FRNK Technology Group), Indenture (FriendFinder Networks Inc.), Indenture (FriendFinder Networks Inc.)
Reinstatement; Certain Payments. If a claim is ever made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations obligations under this Agreement, the Lender shall give prompt notice of such claim to the Borrower, and if the Lender repays all or part of said amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, entered into after consultation with Borrower, then and in such event, event the Borrower agrees that (a) any such judgment, decree, order, settlement or compromise shall be binding upon such Borrower notwithstanding the cancellation of the Note or other instrument evidencing the Obligations obligations under this Agreement or the other Loan Documents or the termination of this Agreement or Agreement, and the other Loan Documents and (b) it Borrower shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 3 contracts
Sources: Term Loan Agreement, Term Loan Agreement (Wheeler Real Estate Investment Trust, Inc.), Term Loan and Security Agreement (Techprecision Corp)
Reinstatement; Certain Payments. If any claim is ever made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations under this AgreementObligations, the Lender shall give prompt notice of such claim to the Administrative Borrower, and if the Lender repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, then and in such event, event each Borrower agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the any Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 3 contracts
Sources: Financing Agreement (Enherent Corp), Financing Agreement (Enherent Corp), Financing Agreement (Enherent Corp)
Reinstatement; Certain Payments. If any claim is ever made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations under this AgreementObligations, the Lender shall give prompt notice of such claim to Borrowerthe Parent, and if the Lender repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, then and in such event, Borrower event each Loan Party agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the Note any Indebtedness hereunder or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 2 contracts
Sources: Credit Agreement (Roivant Sciences Ltd.), Credit Agreement (Roivant Sciences Ltd.)
Reinstatement; Certain Payments. If a claim is ever made upon Lender ------------------------------- for repayment or recovery of any amount or amounts received by Lender in payment or on account of any of the Obligations obligations under this Agreement, Lender shall give prompt notice of such claim to Borrower, and if Lender repays all or part of said amount by reason of (ia) any judgment, decree or order of any court or administrative body having jurisdiction over Lender or any of its property property, or (iib) any good faith settlement or compromise of any such claim effected by Lender with any such claimant, entered into after consultation with Borrower, then and in such event, event Borrower agrees that (a) any such judgment, decree, order, settlement or compromise shall be binding upon such Borrower notwithstanding the cancellation of the Note or other instrument evidencing the Obligations obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Agreement, and (b) it Borrower shall be and remain liable to Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by Lender.
Appears in 2 contracts
Sources: Term Loan and Security Agreement, Term Loan and Security Agreement (Lexicon Pharmaceuticals, Inc.)
Reinstatement; Certain Payments. If any claim is ever made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations under this AgreementObligations, the Lender shall give prompt notice of such claim to the Borrower, and if the Lender repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, then and in such event, event the Borrower agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the any Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 1 contract
Sources: Financing Agreement (Tri State Outdoor Media Group Inc)
Reinstatement; Certain Payments. If a claim is ever made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations under this AgreementAgreements, the Lender shall give prompt notice of such claim to the Borrower, and if the Lender repays all or part of said amount by reason of of
38 43 (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, then and in such event, event the Borrower agrees and the Guarantor (A) agree that (a) any such judgment, decree, order, settlement or compromise shall be binding upon the Borrower and the Guarantor notwithstanding the cancellation of the any Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 1 contract
Reinstatement; Certain Payments. If any claim is ever made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations under this AgreementObligations, the Lender shall give prompt notice of such claim to the Borrower, and if the Lender repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, then and in such event, event the Borrower agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 1 contract
Reinstatement; Certain Payments. If any claim is ever made ------------------------------- upon the Lender ------------------------------- Group for repayment or recovery of any amount or amounts received by the Lender Group in payment or on account of any of the Obligations under this AgreementObligations, the Lender Group shall give prompt notice of such claim to the Borrower, and if the Lender Group repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender Group or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender Group with any such claimant, then and in such event, event the Borrower agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the any Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender Group hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by Lenderthe Lender Group.
Appears in 1 contract
Reinstatement; Certain Payments. If claim is ever made upon Lender ------------------------------- a Bank for repayment or recovery of any amount or amounts received by Lender such Bank in payment or on account of any of the Obligations obligations under this Agreement, Lender the Bank shall give prompt notice of such claim to the Agent and the Borrower, and if Lender the Bank repays all or part of said amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over Lender the Bank or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by Lender the Bank with any such claimant, then and in such event, event the Borrower agrees that (a) any such judgment, decree, order, settlement or compromise shall be binding upon the Borrower notwithstanding the cancellation of the Note Notes or other instrument evidencing the Obligations Borrower's obligations to such Bank under this Agreement or the other Loan Documents or the termination of this Agreement or Agreement, and the other Loan Documents and (b) it Borrower shall be and remain liable to Lender such Bank hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by Lenderthe Bank.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Transmation Inc)
Reinstatement; Certain Payments. If any claim is ever made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations under this AgreementObligations, the Lender shall give prompt notice of such claim to the Parent or the Borrower, and if the Lender repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, then and in such event, event the Borrower agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 1 contract
Sources: Financing Agreement (Innovative Clinical Solutions LTD)
Reinstatement; Certain Payments. If claim is ever made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations under this AgreementObligations, the Lender shall give prompt notice of such claim to the Borrower, and if the Lender repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, then and in such event, event the Borrower agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 1 contract
Reinstatement; Certain Payments. If claim is ever ------------------------------- made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations under this AgreementObligations, the Lender shall give prompt notice of such claim to the Borrower, and if the Lender repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, then and in such event, event the Borrower agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the Term Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 1 contract
Sources: Term Loan Agreement (Polyphase Corp)
Reinstatement; Certain Payments. If a claim is ever made upon the Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Lender in payment or on account of any of the Obligations under this AgreementAgreements, the Lender shall give prompt notice of such claim to Borrowerthe Borrowers, and if the Lender repays all or part of said amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender with any such claimant, then and in such event, Borrower agrees event each of the Borrowers and the Guarantor (A) agree that (a) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower the Borrowers and the Guarantor notwithstanding the cancellation of the any Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Lender.
Appears in 1 contract
Reinstatement; Certain Payments. If any claim is ever made upon the Lender ------------------------------- Group for repayment or recovery of any amount or amounts received by the Lender Group in payment or received on account of any of the Obligations under this AgreementObligations, the Lender Group shall give prompt notice of such claim to Borrower, and if the Lender Group repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over the Lender Group or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by the Lender Group with any such claimant, then and in such event, event Borrower agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the Note or other any instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bB) it shall be and remain liable to the Lender Group hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by Lenderthe Lender Group.
Appears in 1 contract
Sources: Credit Agreement (Avado Brands Inc)
Reinstatement; Certain Payments. If any claim is ever made upon any Lender ------------------------------- for repayment or recovery of any amount or amounts received by such Lender in payment or on account of any of the Obligations under this AgreementObligations, such Lender shall give prompt notice of such claim to each other Lender and the Borrower, and if such Lender repays all or part of said such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over such Lender or any of its property property, or (ii) any good faith settlement or compromise of any such claim effected by such Lender with any such claimant, then and in such event, event the Borrower agrees that (aA) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the Note or other instrument evidencing the Obligations under this Agreement or the other Loan Documents hereunder or the termination of this Agreement or the other Loan Documents Agreement, and (bB) it shall be and remain liable to such Lender hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by such Lender. The provisions of this Section 6.17 shall survive the Termination Date.
Appears in 1 contract
Reinstatement; Certain Payments. If any claim is ever made upon the Agent or any Lender ------------------------------- for repayment or recovery of any amount or amounts received by the Agent or such Lender in payment or on account of any of the Obligations under this AgreementObligations, the Agent or such Lender shall give prompt notice of such claim to each other Lender, the Agent, if applicable, and the Borrower, and if the Agent or such Lender repays all or part of said such amount by reason of (ia) any judgment, decree or order of any court or administrative body having jurisdiction over the Agent or such Lender or any of its property property, or (iib) any good faith settlement or compromise of any such claim effected by the Agent or such Lender with any such claimant, then and in such event, event the Borrower agrees that (ai) any such judgment, decree, order, settlement or compromise shall be binding upon Borrower it notwithstanding the cancellation of the Note any Indebtedness hereunder or other instrument evidencing the Obligations under this Agreement or the other Loan Documents or the termination of this Agreement or the other Loan Documents Documents, and (bii) it shall be and remain liable to Lender the Agent or such ▇▇▇▇▇▇ hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Agent or such Lender. The provisions of this Section shall survive the repayment of the Obligations and release of the Liens granted under the Loan Documents.
Appears in 1 contract
Sources: Senior Secured Superpriority Debtor in Possession Financing Agreement (Gritstone Bio, Inc.)