Common use of Joint Borrowers Clause in Contracts

Joint Borrowers. If there are two or more of you, each of you is individually liable, and all of you are jointly liable. This means we may sue any one of you for the total amount you owe us. References to a person includes companies and trusts and any other kind of body. You agree that each borrower can bind each other borrower. Each other borrower and any guarantor will be liable even though they did not know about or did not agree to the transaction.

Appears in 7 contracts

Samples: Fixed Flexi Loan Agreement, Loan Agreement, Loan Agreement

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Joint Borrowers. If there are two or more of you, each of you is individually liable, and all of you are jointly liable. This means we may sue any one of you for the total amount you owe us. References to a person includes companies and companies, trusts and any other kind of body. You agree that each borrower can bind each other borrower. Each other borrower and any guarantor will be liable even though they did not know about or did not agree to the transaction.

Appears in 4 contracts

Samples: Secured Fixed Flexi Loan Agreement, Secured Fixed Flexi Loan Agreement, Fixed Rate Credit Contract

Joint Borrowers. If there are two or more of you, each of you is individually liableindividuallyliable, and all of you are jointly liable. This means we may sue any one of you for the total amount you owe us. References to a person includes companies and includescompaniesand trusts and any other kind of body. You agree that each borrower can bind each other borrower. Each other borrower and any guarantor will be liable even though they did not know about or did not agree to the transaction.

Appears in 1 contract

Samples: Fixed Flexi Loan Agreement

Joint Borrowers. If there are two or more of you, each of you is individually liable, and all of you are jointly liable. This means we may sue any one of you for the total amount you owe us. References to a person includes companies and trusts and any other kind of body. You agree that each borrower can bind each other borrower. Each other borrower and any guarantor will be liable even though they did not know about or did not agree to the transactionthetransaction.

Appears in 1 contract

Samples: Loan Agreement

Joint Borrowers. If there are two or more of you, each of you is individually liable, and all of you are jointly ofyou arejointly liable. This means we may sue any one of you for the total amount you owe us. References to a person includes companies and toaperson includescompaniesand trusts and any other kind of body. You agree that each borrower can bind each other borrower. Each other borrower and any guarantor will be liable beliable even though they did not know notknow about or did not agree to the transaction.

Appears in 1 contract

Samples: Fixed Flexi Loan Agreement

Joint Borrowers. If there are two or more of you, each of you is individually liable, and all of you ofyou are jointly liable. This means we may sue xxx any one of you for the total amount you owe us. References to a person includes companies and toaperson includescompanies, trusts and any other kind of body. You agree that each borrower can bind each other borrower. Each other borrower and any guarantor will be liable even though they did not know about or did not agree to the transactionthetransaction.

Appears in 1 contract

Samples: Fixed Loan Agreement

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Joint Borrowers. If there are two or more of you, each of you is individually liable, and all of you are jointly liable. This means we may sue xxx any one of you for the total amount you owe us. References to a person includes companies and companies, trusts and any other kind of body. You agree that each borrower can bind each other borrower. Each other borrower and any guarantor will be liable even though they did not know about or did not agree to the transaction.

Appears in 1 contract

Samples: Loan Agreement

Joint Borrowers. If there are two or more of you, each of you is individually liable, and all of you are jointly liable. This means we may sue xxx any one of you for the total amount you owe us. References to a person includes companies and includescompanies, trusts and any other kind of body. You agree that each borrower can bind each other borrower. Each other borrower and any guarantor will be liable even though they did not know about or did not agree to the transaction.

Appears in 1 contract

Samples: Loan Agreement

Joint Borrowers. If there are two or more of you, each of you is individually liable, and all of you are jointly liable. This means we may sue any one of you for the total amount you owe us. References to a person includes companies and companies, trusts and any other kind of body. You agree that each borrower can bind each other borrower. Each other borrower and any guarantor will be liable even though they did not know about or did not agree to the transaction.

Appears in 1 contract

Samples: Fixed Rate Credit Contract

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