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

Joint, Several and Solidary Liability. Each Guarantor further agrees that its obligations and liabilities for the prompt and punctual payment, performance and satisfaction or purchase of all of Borrower's Indebtedness shall be on a "joint and several" and "solidary" basis with Borrower 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 all of Borrower's Indebtedness, up to the Maximum Amount. In the event that there is more than one guarantor under this Agreement, or in the event that there are other guarantors, endorsers, or sureties of all or any portion of Borrower's Indebtedness, Guarantor's obligations and liabilities hereunder shall be on a "joint and several" and "solidary" basis along with such other guarantor or guarantors, endorsers and/or sureties.

Joint, Several and Solidary Liability. Each Guarantor further agrees that its obligations and liabilities for the prompt full and punctual payment, performance and satisfaction or purchase of all of Borrower's the Indebtedness shall be on a "joint and several" and "solidary" basis along with Borrower 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 all of Borrower's the Indebtedness, up to the Maximum Amount. In the event that there is more than one guarantor under this AgreementGuaranty, or in the event that there are other guarantors, endorsers, endorsers or sureties of all or any portion of Borrower's the Indebtedness, Guarantor's obligations and liabilities hereunder shall be on a "joint and several" and "solidary" basis along with such other guarantor or guarantors, endorsers and/or sureties.

Joint, Several and Solidary Liability. Each Guarantor further agrees that its obligations and liabilities for the prompt and punctual payment, performance and satisfaction or purchase of all of Borrower's Indebtedness shall be on a "joint and several" and "solidary" basis with Borrower 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 all of Borrower's Indebtedness, up but limited to the Maximum Amountamount of Borrower's Indebtedness guaranteed hereunder. In the event that there is more than one guarantor under this Agreement, or in the event that there are other guarantors, endorsers, endorsers or sureties of all or any portion of Borrower's Indebtedness, Guarantor's obligations and liabilities hereunder shall be on a "joint and several" and "solidary" basis along with such other guarantor or guarantors, endorsers and/or sureties, up to the Amount Guaranteed.