Common use of Joint and Several Liability of Each Seller Clause in Contracts

Joint and Several Liability of Each Seller. To the extent there is more than one Person which is named as a Seller under this Agreement, each such Person shall be jointly and severally liable for the rights, covenants, obligations and warranties and representations of “Seller” as contained herein and the actions of any Person (including another Seller) or third party shall in no way affect such joint and several liability.

Appears in 9 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

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Joint and Several Liability of Each Seller. To the extent there is more than one Person which is named as a Seller under this Repurchase Agreement, each such Person shall be jointly and severally liable for the rights, covenants, obligations and warranties and representations of the “Seller” as contained herein and the actions of any Person (including another Seller) or third party shall in no way affect such joint and several liability.

Appears in 1 contract

Samples: Master Repurchase Agreement (Taberna Realty Finance Trust)

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