Joint and Individual Liability Sample Clauses

Joint and Individual Liability. Each of you is individually and jointly responsible for paying all amounts owed under this Agreement. This means that Credit Union can require any one of you individually to repay the entire amount owed under this Agreement. Each of you authorizes any of you to make purchases, balance transfers or cash advances individually.
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Joint and Individual Liability. If there is more than one Resident (i.e. multiple service members in the same family), each of them shall be jointly and individually responsible for the performance of all obligations of Resident under this Lease Agreement, including, but not limited to, any damage caused to the Premises or Neighborhood by Residents, Occupants or Residents’ guest, jointly with every other Resident, and individually, whether or not in possession.
Joint and Individual Liability. Each of you (including, without limitation, the Business, the authorized user(s) and the Guarantor(s)) will be individually and jointly responsible for paying all amounts owed under this Agreement. This means that Credit Union can require any one of you individually to repay the entire amount owed under this Agreement. Each of you authorizes the Business and each authorized user to make purchases or cash advances individually. Each Guarantor who signed the Application for the Card individually and jointly guarantees payment of all amounts owed to Credit Union pursuant to this Agreement. Credit Union can require any Guarantor to individually repay the entire amount owed under this Agreement. If any of you fail to pay any amount owed to Credit Union under this Agreement, each Guarantor individually and jointly promises to immediately pay any such amount to Credit Union upon Credit Union’s demand. Credit Union can demand payment from you even if Credit Union does not try to collect from any other party to this Agreement and/or without enforcing any security interests Credit Union may have in any property securing the debt. This guaranty remains in effect even though you are not given notice if any of you fails to pay any amount due or is in default under this Agreement. Credit Union can apply payments made by any of you to your debts to Credit Union in any order the Credit Union elects. Credit Union can release or settle with any of you at any time without affecting the liability of others. This guaranty shall be continuing and irrevocable. Each Guarantor hereby waives demand of payment, presentment, protest and notice of protest on any and all obligations under this Agreement. Each Guarantor consents to alteration of any such obligations, including, without limitation, alteration of the rate of interest or time or method of payment.
Joint and Individual Liability. 7.1 All the Residents’ obligations set out in this agreement are joint and several obligations. This means not only that the Residents collectively are responsible for their obligations, but also that each of the Residents individually is responsible for all of the Resident’s obligations. For example, if the Residents fail to pay the Accommodation Fees in full, the University is entitled to claim all of the arrears from any one of the Residents, even if that Resident has already paid a share of the Accommodation Fees. It also means that if damage is caused to the Property by any of the Residents or their visitors, any one or more of the Residents can be charged for that damage – even if they personally did not cause it.
Joint and Individual Liability. If more than one Tenant signs this lease, each is responsible individually or jointly for making full rent payments. This means that if one Tenant moves out, Landlord can make both Tenants or just one Tenant, responsible to pay the full rent and for paying for any repairs and/or damages to the property.
Joint and Individual Liability. CO-SIGNERS;
Joint and Individual Liability. Like sole proprietorships, partnerships retain full, shared liability among the owners. Partners are not only liable for their own actions, but also for the business debts and decisions made by other partners. In addition, the personal assets of all partners can be used to satisfy the partnership’s debt.  Disagreements Among Partners. With multiple partners, there are bound to be disagreements Partners should consult each other on all decisions, make compromises, and resolve disputes as amicably as possible.
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Joint and Individual Liability. Where the Tenant consists of more than one person, the covenants and obligations to be observed and performed by the Tenant will bind them jointly and severally. Signed by the LESSOR in the presence of: Lessor: Witness: Date: Lessor: Witness: Date: Signed by the Tenant in the presence of: Lessor: Witness: Date: Printed: Lessor: Witness: Date: Printed: Lessor: Witness: Date: Printed: Lessor: Witness: Date:
Joint and Individual Liability. 39.1 Except as otherwise set out in this Deed:
Joint and Individual Liability. If my Transaction Account is a joint account, all persons on the Transaction Account have signed the Application and read this Agreement. My obligation to pay this Line of Credit is independent of the obligation of any other person who has also agreed to pay it. You may sue me alone, or anyone else who is obligated on this Line of Credit, or any number of us together, to collect on this Line of Credit. You may make an advance upon the request of any one person signing the Application or authorized to sign on the Transaction Account.
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