Continuing Nature. This Agreement shall continue and apply to any ultimate unpaid balance of the Guaranteed Obligations and shall be reinstated if at any time payment of any of the Guaranteed Obligations is rescinded or must otherwise be returned by Alderon and/or the Partnership, as applicable upon the insolvency, bankruptcy or reorganization of Hebei Subsidiary or for any other reason whatsoever, all as though such payment had not been made.
Appears in 2 contracts
Sources: Limited Partnership Agreement (Alderon Iron Ore Corp.), Subscription Agreement (Alderon Iron Ore Corp.)