Celebrate the Mountain-king

If Celebrate the Mountain-king leaves the battlefield before its triggered ability resolves, no nonland permanents will be exiled.

Auras attached to exiled nonland permanents will be put into their owners' graveyards. Equipment attached to exiled creatures will become unattached and remain on the battlefield. Any counters on exiled nonland permanents will cease to exist.

In a multiplayer game, if Celebrate the Mountain-king's owner leaves the game, the exiled cards will return to the battlefield. Because the one-shot effect that returns the cards isn't an ability that goes on the stack, it won't cease to exist along with the leaving player's spells and abilities on the stack.

If a token is exiled, it ceases to exist. It won't be returned to the battlefield.

Once a spell or ability that causes you to recruit begins to resolve, no player may take any other actions until it's done. Any responses made to the spell or ability must be made before you draw, discard, and potentially create a token.

The exiled cards return to the battlefield immediately after Celebrate the Mountain-king leaves the battlefield. Nothing happens between the two events, including state-based actions.