Joint and Several Nature. In the event there exists more than one GUARANTOR, all liabilities hereunder shall be joint and several. The liability of the GUARANTOR shall be joint and several with the liability of any other guarantor not a party to this GUARANTY.
Joint and Several Nature. In the event there exists more than one Guarantor, all obligations, responsibilities, warranties, representations and liabilities hereunder shall be joint and several.
Joint and Several Nature. The liability of the GUARANTOR shall be joint and several with the liability of any other guarantor of the LOANS not a party to this GUARANTY.
Joint and Several Nature. 01The obligations and undertakings in this Agreement are joint and several between the Borrowers, and their eventual beneficiaries, in the case of a modification of the social structure (assignment, splitting-up, transfer, etc.). This joint and several nature is to be interpreted as broadly as possible. SOFINEX can, specifically, seek the recovery of the total amount payable from the Borrowers' beneficiaries.
Joint and Several Nature. The liability of the Guarantor shall be joint and several with the liability of any other guarantor not a party to this Guaranty.
Joint and Several Nature. Each Borrower shall be liable for, on a joint and several basis, and hereby guarantees the timely payment by all other Borrowers of, all of the Loans and other Obligations, regardless of which Borrower actually may have received the proceeds of any Loan or other extensions of credit hereunder or the amount of such Loans received or the manner in which Administrative Agent or any Lender accounts for such Loans or other extensions of credit on its books and records, it being acknowledged and agreed that Loans to any Borrower inure to the mutual benefit of all Borrowers and that the Administrative Agent and Lenders are relying on the joint and several liability of Borrowers in extending the Loans and other financial accommodations hereunder. Each Borrower hereby unconditionally and irrevocably agrees that upon default in the payment when due (whether at stated maturity, by acceleration or otherwise) of any principal of, interest owed on, or other amount owing with respect to any of the Loans or other Obligations, such Borrower shall forthwith pay the same, without notice or demand.
Joint and Several Nature. The liability of each Obligated Party hereunder shall be joint and several, and each reference herein to Obligated Party or Obligated Parties shall be deemed to refer to each such Obligated Party. The suretyship waivers contained in Section 2.12 of that certain Secured Continuing Guaranty dated as of the Closing Date by Sport Chalet Value Services, LLC, a Virginia limited liability company in favor of Agent and in Section 2.12 of that certain Secured Continuing Guaranty dated as of the Closing Date by Team Sales in favor of Agent are incorporated herein by reference. Sport Chalet: Term Loan Agreement
Joint and Several Nature. The obligations, representations and warranties of the Pledgor hereunder are the joint and several obligations, representations and warranties of each of Rxxx X.
Joint and Several Nature. Notwithstanding anything to the contrary contained herein, all Obligations of Borrowers, or any of them, hereunder shall be joint and several obligations of Borrowers. Each reference to “Borrower” or “
Joint and Several Nature. The liability of each GUARANTOR shall be joint and several with the liability of the other GUARANTORS which are parties to this GUARANTY.
