3 reinstated if at any time (including any time after its termination or expiration) any payment by the Obligor, in whole or in part, is rescinded or must otherwise be returned by the Bank upon the insolvency, bankruptcy or reorganization of the Obligor or otherwise, all as though that payment had not been made. (f) This is a continuing Guaranty and all obligations to which it applies or may apply under the terms hereof shall be conclusively presumed to have been created in reliance hereon. If the Guarantor gives the Bank written notice of its intention to terminate its obligations under this Guaranty, the notice shall operate to terminate those obligations in respect of all Transactions whose Trade Dates occur on or after the termination date specified in the notice; provided however that no such notice shall have any effect unless the termination date stated in it occurs at least ten Business Days after the date the notice is effective. A notice given in accordance with this provision shall not affect the obligations of the Guarantor under this Guaranty in respect of Transactions whose Trade Date occurs before the termination date stated in the notice. (g) If any amount payable by the Guarantor hereunder is not paid as and when due, the Guarantor authorizes the Bank to proceed, without prior notice, by right of set-off, counterclaim or otherwise, against any assets of the Guarantor that may at the time be in the possession of the Bank at any branch or office, to the full extent of all amounts payable to the Bank hereunder. (h) Except as otherwise required by law, each payment required to be made by the Guarantor to the Bank hereunder shall be made without deduction or withholding for or on account of Taxes. If such deduction or withholding is so required, the Guarantor shall (i) pay the amount required to be deducted or withheld to the appropriate authorities before penalties attach thereto or interest accrues thereon, (ii) promptly forwar