Borrower and Guarantor. (a) You cannot assign or transfer any of your rights or obligations under this Agreement without our prior written consent. (b) The Guarantor cannot assign or transfer any of his or her (or its) rights or obligations under this Agreement without our prior written consent. 12.1 If there are multiple Borrowers or Guarantors (a) If there is more than one Borrower, each Borrower has joint and several liability. That means we can sue all Borrowers together, or any Borrower by itself, for the full amount owed to us. (b) If there is more than one Guarantor, each Guarantor has joint and several liability. That means we can sue all Guarantors together, or any Guarantor by itself, for the full amount owed to us.
Appears in 3 contracts
Samples: Consumer Loan Agreement, Consumer Loan Agreement, Consumer Loan Agreement
Borrower and Guarantor. (a) You cannot assign or transfer any of your rights or obligations under this Agreement without our prior written consent.
(b) The Guarantor cannot assign or transfer any of his or her (or its) rights or obligations under this Agreement without our prior written consent.
12.1 11.1 If there are multiple Borrowers or Guarantors
(a) If there is more than one Borrower, each Borrower has joint and several liability. That means we can sue all Borrowers together, or any Borrower by itself, for the full amount owed to us.
(b) If there is more than one Guarantor, each Guarantor has joint and several liability. That means we can sue all Guarantors together, or any Guarantor by itself, for the full amount owed to us.
Appears in 2 contracts
Samples: Loan Agreement, Personal Loan Agreement
Borrower and Guarantor. (a) You cannot assign or transfer any of your rights or obligations under this Agreement without our prior written consent.
(b) The Guarantor cannot assign or transfer any of his or her (or its) rights or obligations under this Agreement without our prior written consent.
12.1 If there are multiple Borrowers or Guarantors
(a) If there is more than one Borrower, each Borrower has joint and several liability. That means we can sue all Borrowers together, or any Borrower by itself, for the full amount owed to us.
(b) If there is more than one Guarantor, each Guarantor has joint and several liability. That means we can sue all Guarantors together, or any Guarantor by itself, for the full amount owed to us.
Appears in 2 contracts
Samples: Loan Agreement, Consumer Loan Agreement
Borrower and Guarantor. (a) You cannot assign or transfer any of your rights or obligations under this Agreement without our prior written consent.
(b) The Guarantor cannot assign or transfer any of his or her (or its) rights or obligations under this Agreement without our prior written consent.
12.1 11.1 If there are multiple Borrowers or Guarantors
(a) If there is more than one Borrower, each Borrower has joint and several liability. That means we can sue xxx all Borrowers together, or any Borrower by itself, for the full amount owed to us.
(b) If there is more than one Guarantor, each Guarantor has joint and several liability. That means we can sue xxx all Guarantors together, or any Guarantor by itself, for the full amount owed to us.
Appears in 1 contract
Samples: Personal Loan Agreement
Borrower and Guarantor. (a) You cannot assign or transfer any of your rights or obligations under this Agreement without our prior written consent.
(b) The Guarantor cannot assign or transfer any of his or her (or its) rights or obligations under this Agreement without our prior written consent.
12.1 If there are multiple Borrowers or Guarantors
(a) If there is more than one Borrower, each Borrower has joint and several liability. That means we can sue all Borrowers together, or any Borrower by itself, for the full amount owed to us.
(b) If there is more than one Guarantor, each Guarantor has joint and several liability. That means we can sue all Guarantors together, or any Guarantor by itself, for the full amount owed to us.Guarantors
Appears in 1 contract
Samples: Consumer Loan Agreement
