Common use of Liability/Successor and Assigns Clause in Contracts

Liability/Successor and Assigns. If Borrower consists of more than one Person, the obligations and liabilities of each such Person hereunder shall be joint and several. This Loan Agreement will be binding upon and inure to the benefit of Borrower and Lender and their respective successors and assigns forever.

Appears in 4 contracts

Samples: Loan Agreement (Maxxam Inc), Loan Agreement (Maxxam Inc), Loan Agreement (Maxxam Inc)

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