Common use of Joint and Individual Liability Clause in Contracts

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.

Appears in 27 contracts

Samples: Credit Card Agreement, Rewards Credit Card Agreement, Credit Card Agreement

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Joint and Individual Liability. Each of you is individually and jointly responsible for paying all amounts owed under this AgreementAgree- ment. 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.

Appears in 14 contracts

Samples: Credit Union, Credit Union, Credit Card Agreement

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Joint and Individual Liability. Each of you is (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 any of you the Business and each Authorized User to make purchases, balance transfers purchases or cash advances individually.

Appears in 3 contracts

Samples: Business Elite Rewards, Card Agreement, Card Agreement

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