Joint and Several Liability Suretyship Waivers Sample Clauses

Joint and Several Liability Suretyship Waivers. Each of VML, the Borrower, the Cotai Subsidiary and each other Additional Cotai Subsidiary are jointly and severally liable for all obligations hereunder. Each of the Cotai Subsidiary, the Borrower, VCL and each other Additional Cotai Subsidiary hereby waives any and all defenses available to a surety or guarantor, whether arising as a result of the joint and several liability hereunder or otherwise, and each hereby grants, provides and confirms all rights, liens, security and waivers as if given by each separately and singly. Without limiting the generality of the foregoing, the waivers of the guarantors under the Guaranty are hereby incorporated herein by this reference mutatis mutandis and such waivers shall be deemed to be made by VML, the Borrower, the Cotai Subsidiary and each other Additional Cotai Subsidiary hereunder as if such waivers had been expressly set forth herein.

Joint and Several Liability Suretyship Waivers. (a) Global Motorsport Group, Inc. ("Parent Company") and CSI Acquisition Sub, Inc. ("Acquisition Subsidiary") shall have joint and several liability with respect to the Obligations.

Joint and Several Liability Suretyship Waivers. 13.1 Independent Obligations; Subrogation. The Obligations of each Borrower hereunder are joint and several. To the maximum extent permitted by law, each Borrower hereby waives any claim, right or remedy which such Borrower now has or hereafter acquires against any other Borrower that arises hereunder including, without limitation, any claim, remedy or right of subrogation, reimbursement, exoneration, contribution, indemnification, or participation in any claim, right or remedy of Agent or any Lender against any Borrower or any Collateral which Agent or any Lender now has or hereafter acquires, whether or not such claim, right or remedy arises in equity, under contract, by statute, under common law or otherwise until the Obligations are fully paid and finally discharged. In addition, each Borrower hereby waives any right to proceed against the other Borrowers, now or hereafter, for contribution, indemnity, reimbursement, and any other suretyship rights and claims, whether direct or indirect, liquidated or contingent, whether arising under express or implied contract or by operation of law, which any Borrower may now have or hereafter have as against the other Borrowers with respect to the Obligations until the Obligations are fully paid and finally discharged. Each Borrower also hereby waives any rights of recourse to or with respect to any asset of the other Borrowers until the Obligations are fully paid and finally discharged.

Joint and Several Liability Suretyship Waivers