Joint and Several Obligation. If Indemnitor consists of more than one Person or entity, each shall be jointly and severally liable to perform the obligations of Indemnitor hereunder. Any one of Borrower or one or more parties constituting Indemnitor or any other party liable upon or in respect of this Agreement or the Loan may be released without affecting the liability of any party not so released.
Appears in 11 contracts
Samples: Environmental Indemnity (Bloomin' Brands, Inc.), Environmental Indemnity (Bloomin' Brands, Inc.), Environmental Indemnity (Bloomin' Brands, Inc.)
Joint and Several Obligation. If Indemnitor consists Each of more than one Person or entity, each the Indemnitors shall be jointly and severally liable to perform the obligations of Indemnitor hereunder. Any one of Borrower or more Credit Parties or one or more parties constituting Indemnitor or any other party Person liable upon or in respect of this Agreement or the Loan Obligations may be released without affecting the liability of any party Person not so released.
Appears in 1 contract
Samples: Environmental Indemnity Agreement (Pure Biofuels Corp)
