Joint and Several Obligation. If this Agreement is executed by more than one person as Debtor, each such Debtor hereby acknowledges it is jointly and severally liable for and unconditionally guarantees the prompt and full payment and performance of all obligations of each other Debtor hereunder and under the other Loan Documents.
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Samples: Security Agreement (Gi Joes Inc), Loan and Security Agreement (Arabian Shield Development Co), Security Agreement (Evergreen International Aviation Inc)
Joint and Several Obligation. If this Agreement is executed by more than one person as DebtorBorrower, each such Debtor person hereby acknowledges it is jointly and severally liable for and unconditionally guarantees the prompt and full payment and performance of all obligations of each other Debtor Borrower hereunder and under the other Loan Documents.
Appears in 2 contracts
Samples: Master Security Agreement (Liberty Livewire Corp), Master Security Agreement (Sound Advice Inc)
Joint and Several Obligation. If this Agreement is executed by more than one person as Debtor, each such Debtor hereby acknowledges it is jointly and severally liable for and unconditionally guarantees the prompt and full payment and performance of all obligations of each other Debtor hereunder and under the other Loan Documents.prompt
Appears in 1 contract
Joint and Several Obligation. If this Agreement is executed by more than ---------------------------- one person as Debtor, each such Debtor hereby acknowledges it is jointly and severally liable for and unconditionally guarantees the prompt and full payment and performance of all obligations of each other Debtor hereunder and under the other Loan Documents.
Appears in 1 contract
