Common use of Binding Effect; Joint and Several Obligations Clause in Contracts

Binding Effect; Joint and Several Obligations. The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, executors, legal representatives, successors, and permitted assigns, whether by voluntary action of the parties or by operation of law. The foregoing shall not be construed, however, to permit assignments or transfers otherwise prohibited under the Loan Agreement or the other Loan Documents. If Borrower consists of more than one person or entity, each shall be jointly and severally liable to perform Borrower’s obligations under this Agreement.

Binding Effect; Joint and Several Obligations. The terms and provisions of this Agreement shall will be binding upon and inure to the benefit of the parties hereto to this Agreement and their respective heirs, executors, legal representatives, successors, and permitted assigns, whether by voluntary action of the parties or by operation of law. The foregoing shall will not be construed, however, to permit assignments or transfers otherwise prohibited under the Note, the Loan Agreement or the other Loan Documents. If Borrower consists of more than one person or entity, each shall will be jointly and severally liable to perform Borrower’s obligations under this Agreement.

Binding Effect; Joint and Several Obligations. The terms and provisions of this This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, executors, legal representatives, successors, successors and permitted assigns, whether by voluntary action of the parties or by operation of law. (The foregoing shall does not be construed, however, to permit assignments modify any conditions in the Mortgage or transfers otherwise prohibited under the Loan Agreement applicable to transfers or the other Loan Documents. If Borrower consists of more than one person or entity, each shall be jointly and severally liable to perform Borrower’s obligations under this Agreementassignments.)

Binding Effect; Joint and Several Obligations. The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto Borrower and Lender and their respective heirs, executors, legal representatives, successors, and permitted assigns, whether by voluntary action of the parties or by operation of law. The foregoing shall not be construed, however, to permit assignments or transfers otherwise prohibited under the Loan Agreement or the other Loan Documentsprohibited. If Borrower consists of more than one person or entity, each shall be jointly and severally liable to perform Borrower’s the obligations of Borrower under this Agreement.

Binding Effect; Joint and Several Obligations. The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, executors, legal representatives, successors, and permitted assigns, whether by voluntary action of the parties or by operation of law. The foregoing shall not be construed, however, to permit assignments or transfers otherwise prohibited under the Loan Credit Agreement or the other Loan Documents. If Borrower or Guarantor consists of more than one person or entity, each shall be jointly and severally liable to perform Borrower’s or Guarantor’s obligations under this Agreement, as applicable.

Binding Effect; Joint and Several Obligations. The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, executors, legal representatives, successors, and permitted assigns, whether by voluntary action of the parties or by operation of law. The foregoing shall not be construed, however, to permit assignments or transfers otherwise prohibited under the Loan Agreement Note, the Security Instrument or the other Loan Documents. If Borrower consists As Borrowers consist of more than one person or entity, each shall be jointly and severally liable to perform the Borrower’s 's obligations under this Agreement.