Common use of Joint & Several Liability Clause in Contracts

Joint & Several Liability. If there be more than one Tenant, the ----------------------- obligations hereunder imposed upon Tenant shall be joint and several. If there be a guarantor of Tenant's obligations hereunder, the obligations hereunder imposed upon Tenant shall be joint and several obligations of Tenant and such guarantor, and Landlord need not first proceed against Tenant before proceeding against such guarantor, nor shall any such guarantor be released from its guaranty for any reason whatsoever, including, without limitation, in case of any amendments hereto, waivers hereof or failure to give such guarantor any notices hereunder.

Appears in 3 contracts

Samples: Lease Agreement (Active Power Inc), Lease Agreement (Luminex Corp), Lease Agreement (Clearcommerce Corp)

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Joint & Several Liability. If there be more than one Tenant, the ----------------------- obligations hereunder imposed upon Tenant shall be joint and several. If there be a guarantor of Tenant's obligations hereunder, the obligations hereunder imposed upon Tenant shall be joint and several obligations of Tenant and such guarantor, and Landlord need not first proceed against Tenant before proceeding against such guarantor, nor shall any such guarantor be released from its guaranty for any reason whatsoever, including, without limitation, in case of any amendments hereto, waivers hereof or failure to give such guarantor any notices hereunder.

Appears in 2 contracts

Samples: Lease Agreement (Tanisys Technology Inc), Lease Agreement (Photon Dynamics Inc)

Joint & Several Liability. If there be more than one Tenant, the ----------------------- obligations hereunder imposed upon Tenant shall be joint and several. If there be a guarantor of Tenant's obligations hereunder, the obligations hereunder imposed upon Tenant shall be joint and several obligations of Tenant and such guarantor, and Landlord need not first proceed against Tenant before proceeding against such guarantor, nor shall any such guarantor be released from its guaranty for any reason whatsoever, including, without limitation, in case of any amendments hereto, waivers hereof or failure to give such guarantor any notices hereunder.. Initials ________ _________ Date ________ _________

Appears in 1 contract

Samples: Lease Agreement (Active Power Inc)

Joint & Several Liability. If there be more than one Tenant, the ----------------------- obligations hereunder imposed upon Tenant shall be joint and several. If there be a guarantor of Tenant's obligations hereunder, the obligations hereunder imposed upon Tenant shall be joint and several obligations of Tenant and such guarantor, and Landlord need not first proceed against Tenant before proceeding against such guarantor, nor shall any such guarantor be released from its guaranty for any reason whatsoever, including, without limitation, in case ease of any amendments hereto, waivers hereof or failure to give such guarantor any notices hereunder.

Appears in 1 contract

Samples: Lease Agreement (Asyst Technologies Inc /Ca/)

Joint & Several Liability. If there be more than one Tenant, the ----------------------- obligations hereunder imposed upon Tenant shall be joint and several. If there be a guarantor of Tenant's obligations obligation hereunder, the obligations hereunder imposed upon Tenant shall be joint and several obligations of Tenant and such guarantor, and Landlord need not first proceed against Tenant before proceeding against such guarantor, nor shall any such guarantor be released from its guaranty for any reason whatsoever, including, without limitation, in case of any amendments hereto, waivers hereof or failure to give such guarantor any notices hereunder.

Appears in 1 contract

Samples: Lease Agreement (Infiniti Solutions LTD)

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Joint & Several Liability. If there be more than one Tenant, the ----------------------- obligations hereunder imposed upon Tenant shall be joint and several. If there be a guarantor of Tenant's ’s obligations hereunder, the obligations hereunder imposed upon Tenant shall be joint and several obligations of Tenant and such guarantor, and Landlord need not first proceed against Tenant before proceeding against such guarantor, nor shall any such guarantor be released from its guaranty for any reason whatsoever, including, without limitation, in case of any amendments hereto, waivers hereof or failure to give such guarantor any notices hereunder.

Appears in 1 contract

Samples: Lease Agreement (Tangoe Inc)

Joint & Several Liability. If there be more than one Tenant, the ----------------------- obligations obligation hereunder imposed upon Tenant shall be joint and several. If there be a guarantor of Tenant's obligations hereunder, the obligations obligation hereunder imposed upon Tenant shall be b joint and several obligations of Tenant and such guarantor, and Landlord need not first proceed against Tenant before proceeding against such guarantor, nor shall any such guarantor be released from its guaranty for any reason whatsoever, including, without limitation, in case of any amendments hereto, waivers hereof or failure to give such guarantor any notices hereunder.

Appears in 1 contract

Samples: Lease Agreement (Cooperative Computing Inc /De/)

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