Common use of JOINT AND SEVERAL RESPONSIBILITIES Clause in Contracts

JOINT AND SEVERAL RESPONSIBILITIES. The term “Tenant” as used herein shall be construed to mean “Tenants” whenever used in this lease, and all such parties shall be jointly and severally liable for the performance of all promises, covenants, and conditions to be performed by the Tenant hereunder, including the covenant to pay rent in accordance with paragraph 2; it being the understanding that each Tenant shall be individually liable for all such performance and that all Tenants shall be liable until such performance is made. It is expressly understood by and between the parties hereto that in the event that one or more, but less than all, of the Tenants hereunder fails to perform any of the promises, covenants, or conditions to be performed by him hereunder, Lessor may, at its option, enforce its rights with respect to such defaulting Tenant’s several obligations only. In the event such enforcement of Lessor’s rights results in the termination of this lease with respect to one or more, but less than all, or Lessees hereunder, and/or the eviction of one or more, but less than all, of the Tenants hereunder, Lessor reserves the right at its election, to insist upon full performance of the joint and several obligations of the remaining Tenants hereunder.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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JOINT AND SEVERAL RESPONSIBILITIES. The term "Tenant" as used herein shall be construed to mean "Tenants" whenever used in this lease, and all such parties shall be jointly and severally liable for the performance of all promises, covenants, and conditions to be performed by the Tenant hereunder, including the covenant to pay rent in accordance with paragraph 23; it being the understanding Tenants understand that each Tenant shall be individually liable for all such performance of this lease and that all Tenants shall be liable until such performance is performances are made. It is expressly understood by and between the parties hereto parties, that in the event that one or more, but less than all, of the Tenants hereunder fails to perform any of the promises, covenants, or conditions to be performed by him hereunderconditions, Lessor may, at its option, enforce its rights rights, with respect to such defaulting Tenant’s the tenant's several obligations onlyobligations. In the event such enforcement of Lessor’s 's rights results in the termination of this lease lease, with respect to one or more, but less than all, or Lessees of Tenants hereunder, and/or the eviction of one or more, but less than all, of the Tenants hereunder, Lessor reserves the right at its election, to insist upon full performance of the joint and several obligations of the remaining Tenants hereunderTenants.

Appears in 2 contracts

Samples: Lease Contract, Lease Contract

JOINT AND SEVERAL RESPONSIBILITIES. The term “Tenant” as used herein shall be construed to mean “Tenants” whenever used in this leaseLease, and all such parties shall be jointly and severally liable for the performance of all promises, covenants, and conditions to be performed by the Tenant hereunder, including the covenant to pay rent in accordance with paragraph 2; it being the understanding that each Tenant shall be individually liable for all such performance and that all Tenants shall be liable until such performance is made. It is expressly understood by and between the parties hereto that in the event that one or more, but less than all, of the Tenants hereunder fails to perform any of the promises, covenants, or conditions to be performed by him hereunder, Lessor may, at its option, enforce its rights with respect to such defaulting Tenant’s several obligations onlyonly or may insist on performance of such defaulting Tenant(s) by the remaining Tenant(s). In the event such enforcement of LessorXxxxxx’s rights results in the termination of this lease Lease with respect to one or more, but less than all, or Lessees of Tenants hereunder, and/or the eviction of one or more, but less than all, of the Tenants hereunder, Lessor reserves the right at its election, to insist upon full performance of the joint and several obligations of the remaining Tenants hereunder.

Appears in 1 contract

Samples: Lease Contract

JOINT AND SEVERAL RESPONSIBILITIES. The term “Tenant” as used herein shall be construed to mean “Tenants” whenever used in this lease, and all such parties shall be jointly and severally liable for the performance of all promises, covenants, and conditions to be performed by the Tenant hereunder, including the covenant to pay rent in accordance with paragraph 2; it being the understanding that each Tenant shall be individually liable li able for all such performance and that all Tenants shall be liable until such performance is made. It is expressly understood by and between the parties hereto that in the event that one or more, but less than all, of the Tenants hereunder fails to perform any of the promises, covenants, or conditions to be performed by him hereunder, Lessor may, at its option, enforce its rights with respect to such defaulting Tenant’s several obligations only. In the event such enforcement of Lessor’s rights results in the termination of this lease with respect to one or more, but less than all, or Lessees hereunder, and/or the eviction of one or more, but less than all, of the Tenants hereunder, Lessor reserves the right at its election, to insist upon full performance of the joint and several obligations of the remaining Tenants hereunder.

Appears in 1 contract

Samples: Lease Contract

JOINT AND SEVERAL RESPONSIBILITIES. The term “Tenant” as used herein shall be construed to mean “Tenants” whenever used in this lease, and all such parties shall be jointly and severally liable for the performance of all promises, covenants, and conditions to be performed by the Tenant hereunder, including the covenant to pay rent in accordance with paragraph 2; it being the understanding that each Tenant shall be individually liable for all such performance and that all Tenants shall be liable until such performance is made. It is expressly understood by and between the parties hereto that in the event that one or more, but less than all, of the Tenants hereunder fails to perform any of the promises, covenants, or conditions to be performed by him hereunder, Lessor may, at its option, enforce its rights with respect to such defaulting Tenant’s several obligations only. In the event such enforcement of LessorXxxxxx’s rights results in the termination of this lease with respect to one or more, but less than all, or Lessees hereunder, and/or the eviction of one or more, but less than all, of the Tenants hereunder, Lessor reserves the right at its election, to insist upon full performance of the joint and several obligations of the remaining Tenants hereunder.

Appears in 1 contract

Samples: Lease Agreement

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JOINT AND SEVERAL RESPONSIBILITIES. The term "Tenant" as used herein shall be construed to mean "Tenants" whenever used in this lease, and all such parties shall be jointly and severally liable for the performance of all promises, covenants, and conditions to be performed by the Tenant hereunder, including the covenant to pay rent in accordance with paragraph 23; it being the understanding Tenants understand that each Tenant shall be individually liable for all such performance of this lease and that all Tenants shall be liable until such performance is performances are made. It is expressly understood by and between the parties hereto EG Lease Contract 1/19 Initial Here X PAEG EG parties, that in the event that one or more, but less than all, of the Tenants hereunder fails to perform any of the promises, covenants, or conditions to be performed by him hereunderconditions, Lessor may, at its option, enforce its rights rights, with respect to such defaulting Tenant’s the tenant's several obligations onlyobligations. In the event such enforcement of Lessor’s 's rights results in the termination of this lease lease, with respect to one or more, but less than all, or Lessees of Tenants hereunder, and/or the eviction of one or more, but less than all, of the Tenants hereunder, Lessor reserves the right at its election, to insist upon full performance of the joint and several obligations of the remaining Tenants hereunderTenants.

Appears in 1 contract

Samples: Lease Contract

JOINT AND SEVERAL RESPONSIBILITIES. The term “Tenant” as used herein shall be construed to mean “Tenants” whenever used in this leaseLease, and all such parties shall be jointly and severally liable for the performance of all promises, covenants, and conditions to be performed perfo rmed by the Tenant hereunder, including the covenant to pay rent in accordance with paragraph 2; it being the understanding that each Tenant shall be individually liable for all such performance and that all Tenants shall be liable until such performance is made. It is expressly understood by and between the parties hereto that in the event that one or more, but less than all, of the Tenants hereunder fails to perform any of the promises, covenants, or conditions to be performed by him hereunder, Lessor Les sor may, at its option, enforce its rights with respect to such defaulting Tenant’s several obligations onlyonly or may insist on performance of such defaulting Tenant(s) b y the remaining Tenant(s). In the event such enforcement of LessorXxxxxx’s rights results in the termination of this lease Lease with respect to one or more, but less than all, or Lessees of Tenants hereunder, and/or the eviction of one or more, but less than all, of the Tenants hereunder, Lessor Xxxxxx reserves the right at its election, to insist upon full performance perf ormance of the joint and several obligations of the remaining Tenants hereunder.

Appears in 1 contract

Samples: Lease Agreement

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