Common use of Joint, Several and Solidary Liability Clause in Contracts

Joint, Several and Solidary Liability. Guarantor further agrees that ------------------------------------------------ its obligations and liabilities for the prompt and punctual payment, performance and satisfaction of Obligor's Indebtedness are independent of any agreement or transaction with any third parties and shall be on a "joint and several" and "solidary" basis along with Obligor to the same degree and extent as if Guarantor had been and/or will be a co-borrower, co-principal obligor and/or co- maker of Obligor's Indebtedness. In the event that there is more than one guarantor under this Guaranty, or in the event that there are other guarantors, endorsers, sureties or any other party who may at any time become liable for all or any portion of Obligor's Indebtedness (each, an "Other Obligor"), the provisions hereof shall be read with all grammatical changes thereby rendered necessary and each reference to the Guarantor shall include each and every one of those parties liable for all or any portion of Obligor's Indebtedness and each Guarantor's obligations and liabilities hereunder shall be on a "joint and several" and "solidary" basis along with such Other Obligors.

Appears in 3 contracts

Samples: Installment Sale Contract (Meadow Valley Corp), Installment Sale Contract (Meadow Valley Corp), Installment Sale Contract (Meadow Valley Corp)

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Joint, Several and Solidary Liability. Guarantor further agrees ----------------------------------------------------- that ------------------------------------------------ its obligations and liabilities for the prompt and punctual payment, performance and satisfaction of Obligor's Indebtedness are independent of any agreement or transaction with any third parties and shall be on a "joint and several" and "solidary" basis along with Obligor to the same degree and extent as if Guarantor had been and/or will be a co-borrower, co-principal obligor and/or co- co-maker of Obligor's Indebtedness. In the event that there is more than one guarantor under this Guaranty, or in the event that there are other guarantors, endorsers, sureties or any other party who may at any time become liable for all or any portion of Obligor's Indebtedness (each, an "Other Obligor"), the provisions hereof shall be read with all grammatical changes thereby rendered necessary and each reference to the Guarantor shall include each and every one of those parties liable for all or any portion of Obligor's Indebtedness and each Guarantor's obligations and liabilities hereunder shall be on a "joint and several" and "solidary" basis along with such Other Obligors.

Appears in 3 contracts

Samples: Security Agreement (Apollo Gold Corp), Security Agreement (Apollo Gold Corp), Security Agreement (Apollo Gold Corp)

Joint, Several and Solidary Liability. Guarantor further agrees that ------------------------------------------------ its obligations and liabilities for the prompt and punctual payment, performance and satisfaction of Obligor's ’s Indebtedness are independent of any agreement or transaction with any third parties and shall be on a "joint and several" and "solidary" basis along with Obligor to the same degree and extent as if Guarantor had been and/or will be a co-co borrower, co-co principal obligor and/or co- co maker of Obligor's ’s Indebtedness. In the event that there is more than one guarantor under this Guaranty, or in the event that there are other guarantors, endorsers, sureties or any other party who may at any time become liable for all or any portion of Obligor's ’s Indebtedness (each, an "Other Obligor"), the provisions hereof shall be read with all grammatical changes thereby rendered necessary and each reference to the Guarantor shall include each and every one of those parties liable for all or any portion of Obligor's ’s Indebtedness and each Guarantor's ’s obligations and liabilities hereunder shall be on a "joint and several" and "solidary" basis along with such Other Obligors.

Appears in 1 contract

Samples: Sale Contract (Security Agreement (Goldfield Corp)

Joint, Several and Solidary Liability. Guarantor further agrees that ------------------------------------------------ its obligations and liabilities for the prompt and punctual payment, performance and satisfaction payment of Obligor's Indebtedness ’s indebtedness are independent of any agreement or transaction with any third parties and shall be on a "joint and several" and "solidary" basis along with Obligor to the same degree and extent as if Guarantor had been and/or will be a co-borrower, co-principal obligor and/or co- co-maker of Obligor's Indebtedness’s indebtedness. In the event that there is more than one guarantor under this Guaranty, or in the event that there are other guarantors, endorsers, sureties or any other party who may at any time become liable for all or any portion of Obligor's Indebtedness ’s indebtedness (each, an "Other Obligor"), the provisions hereof shall be read with all grammatical changes thereby rendered necessary and each reference to the Guarantor shall include each and every one of those parties liable for all or any portion of Obligor's Indebtedness ’s indebtedness and each Guarantor's ’s obligations and liabilities hereunder shall be on a "joint and several" and "solidary" basis along with such Other Obligors.

Appears in 1 contract

Samples: Guaranty of Payment (Allied Nevada Gold Corp.)

Joint, Several and Solidary Liability. Guarantor further agrees that ------------------------------------------------ its obligations and liabilities for the prompt and punctual payment, performance and satisfaction of Obligor's Indebtedness indebtedness are independent of any agreement or transaction with any third parties and shall be on a "joint and several" and "solidary" basis along with Obligor to the same degree and extent as if Guarantor had been and/or will be a co-borrower, co-principal obligor and/or co- co-maker of Obligor's Indebtedness. In the event that there is more than one guarantor under this Guaranty, or in the event that there are other guarantors, endorsers, sureties or any other party who may at any time become liable for all or any portion of Obligor's Indebtedness (each, an "Other Obligor"), the provisions hereof shall be read with all grammatical changes thereby rendered necessary and each reference to the Guarantor shall include each and every one of those parties liable for all or any portion of Obligor's Indebtedness and each Guarantor's obligations and liabilities hereunder shall be on a "joint and several" and "solidary" basis along with such Other Obligors.

Appears in 1 contract

Samples: Meadow Valley Corp

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Joint, Several and Solidary Liability. Guarantor further agrees ----------------------------------------------------- that ------------------------------------------------ its obligations and liabilities for the prompt and punctual payment, performance and satisfaction of Obligor's Indebtedness indebtedness are independent of any agreement or transaction with any third parties and shall be on a "joint and several" and "solidary" basis along with Obligor to the same degree and extent as if Guarantor had been and/or will be a co-borrower, co-principal obligor and/or co- co-maker of Obligor's Indebtednessindebtedness. In the event that there is more than one guarantor under this Guaranty, or in the event that there are other guarantors, endorsers, sureties or any other party who may at any time become liable for all or any portion of Obligor's Indebtedness indebtedness (each, an "Other Obligor"), the provisions hereof shall be read with all grammatical changes thereby rendered necessary and each reference to the Guarantor shall include each and every one of those parties liable for all or any portion of Obligor's Indebtedness indebtedness and each Guarantor's obligations obligation and liabilities hereunder shall be on a "joint and several" and "solidary" basis along with such Other Obligors.

Appears in 1 contract

Samples: Apollo Gold Corp

Joint, Several and Solidary Liability. Guarantor further agrees that ------------------------------------------------ ------------------------------------------------- its obligations and liabilities for the prompt and punctual payment, performance and satisfaction of Obligor's Indebtedness are independent of any agreement or transaction with any third parties and shall be on a "joint and several" and "solidary" basis along with Obligor to the same degree and extent as if Guarantor had been and/or will be a co-borrower, co-principal obligor and/or co- co-maker of Obligor's Indebtedness. In the event that there is more than one guarantor under this Guaranty, or in the event that there are other guarantors, endorsers, sureties or any other party who may at any time become liable for all or any portion of Obligor's Indebtedness (each, an "Other Obligor"), the provisions hereof shall be read with all grammatical changes thereby rendered necessary and each reference to the Guarantor shall include each and every one of those parties liable for all or any portion of Obligor's Indebtedness and each Guarantor's obligations and liabilities and hereunder shall be on a "joint and several" and "solidary" basis along with such Other Obligors.

Appears in 1 contract

Samples: Meadow Valley Corp

Joint, Several and Solidary Liability. Guarantor further agrees that ------------------------------------------------ ------------------------------------------------- its obligations and liabilities for the prompt and punctual payment, performance and satisfaction of Obligor's Indebtedness are independent of any agreement or transaction with any third parties and shall be on a "joint and several" and "solidary" basis along with Obligor to the same degree and extent as if Guarantor had been and/or will be a co-borrower, co-principal obligor and/or co- co-maker of Obligor's Indebtedness. In in the event that there is more than one guarantor under this Guaranty, or in the event that there are other guarantors, endorsers, sureties or any other party who may at any time become liable for all or any portion of Obligor's Indebtedness (each, an "Other Obligor"), the provisions hereof shall be read with all grammatical changes thereby rendered necessary and each reference to the Guarantor shall include each and every one of those parties liable for all or any portion of Obligor's Indebtedness and each Guarantor's obligations and liabilities hereunder shall be on a "joint and several" and "solidary" basis along with such Other Obligors.

Appears in 1 contract

Samples: Installment Sale Contract (Meadow Valley Corp)

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