Stay of Acceleration Ineffective with Respect to Guarantor. In the event that acceleration of the time for payment of any amount payable by the Company under the Host Community Agreement and the Side Agreement is stayed upon the insolvency, bankruptcy, or reorganization of the Company, all such amounts otherwise subject to acceleration or required to be paid upon an early termination pursuant to the terms of the Host Community Agreement and the Side Agreement shall nonetheless be payable by the Guarantor hereunder forthwith on demand by the Counterparty.
Appears in 2 contracts
Sources: Side Agreement, Side Agreement