Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 265 contracts
Samples: Convertible Note Purchase Agreement (Surf Air Mobility Inc.), Loan and Security Agreement (Cardlytics, Inc.), Convertible Note Purchase Agreement (Surf Air Mobility Inc.)
Joint and Several Liability. If Borrower consists of more than one Personperson or entity, their the liability of each of them shall be joint and several, and the compromise of any claim with, or the release of, any one such Borrower shall not constitute a compromise with, or a release of, any other such Borrower.
Appears in 18 contracts
Samples: Credit Agreement (Southwall Technologies Inc /De/), Credit Agreement (Design Within Reach Inc), Credit Agreement (Cutter & Buck Inc)
Joint and Several Liability. If the Borrower consists of more than one Personperson, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 11 contracts
Samples: Loan and Security Agreement (Vision Solutions Inc), Loan Agreement (Natural Gas Vehicle Systems Inc), Loan and Security Agreement (I Flow Corp /Ca/)
Joint and Several Liability. If The liability of each Borrower consists of more than one Person, their liability shall be joint and several, several and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 7 contracts
Samples: Accounts Receivable Financing Agreement (Boxlight Corp), Loan and Security Agreement (Blaze Software Inc), Loan and Security Agreement (Catalyst Semiconductor Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other BorrowerBorrower or any other Obligor.
Appears in 6 contracts
Samples: Loan and Security Agreement (Northwest Teleproductions Inc), Loan and Security Agreement (Northwest Teleproductions Inc), Loan Agreement (Fields Aircraft Spares Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release re-lease of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 5 contracts
Samples: Loan and Security Agreement (Cardlytics, Inc.), Loan and Security Agreement (Activecare, Inc.), Loan and Security Agreement (Entrada Networks Inc)
Joint and Several Liability. If Borrower consists of more than one --------------------------- Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 5 contracts
Samples: Annual Report, Loan and Security Agreement (Pilot Network Services Inc), Loan and Security Agreement (Odetics Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 4 contracts
Samples: Loan and Security Agreement (Advanced Photonix Inc), Loan and Security Agreement (EdgeWave, Inc.), Loan and Security Agreement (Reeds Inc)
Joint and Several Liability. If Borrower Debtor consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower Debtor shall not constitute a compromise with, or a release of, any other BorrowerDebtor.
Appears in 4 contracts
Samples: Security Agreement (Occam Networks Inc/De), Security Agreement (Netplex Group Inc), Security Agreement (Petopia Com Inc)
Joint and Several Liability. If Borrower Debtor consists of more than one Person, their the liability of each Debtor shall be joint and several, several and the compromise of any claim with, or the release of, any Borrower Debtor shall not constitute a compromise with, or a release of, any other BorrowerDebtor.
Appears in 3 contracts
Samples: Security Agreement (Prime Response Inc/De), Security Agreement (Quarterdeck Corp), Security Agreement (Prime Response Group Inc/De)
Joint and Several Liability. If Borrower consists of more than one Personperson or entity, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 3 contracts
Samples: Loan and Security Agreement (Castellum, Inc.), Loan Agreement (Aqua Metals, Inc.), Loan Agreement (Aqua Metals, Inc.)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower Borrower, shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 2 contracts
Samples: Loan and Security Agreement (Jore Corp), Loan and Security Agreement (Jore Corp)
Joint and Several Liability. If Borrower consists of more than one PersonTHAN ONE PERSON, their liability shall THEIR LIABILITY SHALL be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Joint and Several Liability. If Borrower Borrowers consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Universal International Inc /Mn/)
Joint and Several Liability. If Borrower consists of more than one Person, they shall be cross-collateralized and cross-defaulted, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Ocean Optique Distributors Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.. SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT --------------------------------------------------------------------------------
Appears in 1 contract
Joint and Several Liability. If Borrower consists of more than one Person, . their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.. SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT
Appears in 1 contract
Samples: Loan and Security Agreement (Verso Technologies Inc)
Joint and Several Liability. If Borrower Debtor consists of more than one Personperson, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower Debtor shall not constitute a compromise with, or a release of, any other BorrowerDebtor.
Appears in 1 contract
Samples: Security Agreement (Quinton Cardiology Systems Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, ,and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Quinton Cardiology Systems Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release me lease of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Callidus Software Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their Borrowers' liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower or Co-Borrower shall not constitute a compromise with, or a release of, any other Borrower or Co-Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Destron Fearing Corp /De/)
