Examples of Hebei Subsidiary in a sentence
Alderon and/or the Partnership shall not be bound to seek or exhaust their recourse against Hebei Subsidiary or any other persons or to realize on any security they or either of them may hold in respect of the Guaranteed Obligations before being entitled to payment from the Guarantor under this agreement and the Guarantor hereby renounces all benefits of discussion and division.
The Guarantor assumes full responsibility for being and keeping itself informed of the financial condition of Hebei Subsidiary and of all other circumstances bearing upon the risk of nonpayment which diligent enquiry would reveal and agrees that Alderon and/or the Partnership shall not have any duty to advise the Guarantor of any financial or other information pertaining to Hebei Subsidiary.
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of the Guaranteed Obligations and shall be reinstated if at any time payment of any of the Guaranteed Obligations is rescinded or must otherwise be returned by Alderon and/or the Partnership, as applicable upon the insolvency, bankruptcy or reorganization of Hebei Subsidiary or for any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.
All present and future debts, liabilities and obligations (collectively the “Assigned Obligations”) of Hebei Subsidiary to the Guarantor are hereby postponed to the payment of the Guaranteed Obligations and are hereby assigned by the Guarantor to Alderon and/or the Partnership as general continuing security for the payment of the obligations of the Guarantor hereunder.
In the event that Alderon and/or the Partnership shall receive any payments on account of the obligations of the Guarantor hereunder whether from the Guarantor directly, from the realization of any security or otherwise, the Guarantor shall have no right to claim repayment from or to exercise any rights of subrogation against Hebei Subsidiary until the claims of Alderon and/or the Partnership in respect of the Guaranteed Obligations have been paid in full.
Any loss of or in respect of or unenforceability of any Agreements or security received by Alderon and/or the Partnership from Hebei Subsidiary or any other persons, whether occasioned through the fault of Alderon and/or the Partnership or Legal*7421044.1 otherwise, shall not discharge pro tanto or limit or lessen the liability of the Guarantor under this Agreement.
Within the first 100-foot-wide view zone from the Bear Creek Trailhead, Road 15N06 and the easternmost 0.75 mile of the Bear Creek Trail, all strong (obvious) activity-generated scenery disturbances that would otherwise visually dominate (distract from) the view's natural appearance would be visually restored to the degree practical, as needed to only appear as minor, subtle disturbances as soon after project completion as possible.
Any loss of or in respect of or unenforceability of any Agreements or security received by Alderon and/or the Partnership from Hebei Subsidiary or any other persons, whether occasioned through the fault of Alderon and/or the Partnership or otherwise, shall not discharge pro tanto or limit or lessen the liability of the Guarantor under this Agreement.
Personal guarantors: Mr. Chang Hoi Nam and Mr. Pang Man Kin Nixon (“Personal Guarantors”), both are Directors, shall guarantee Hebei Subsidiary and Xiamen Subsidiary on a dollar to dollar basis from losses incurred by them if such losses incurred in a fiscal year exceed HK$ 20,000,000 in aggregate.