Common use of MORE THAN ONE PURCHASER Clause in Contracts

MORE THAN ONE PURCHASER. In the event of the PURCHASER to this agreement being more than one person, then in such event all individual PURCHASERs shall be individually and severally held liable in solidum and as co-principal debtors together with the PURCHASER from this agreement, and no such party shall be entitled to any defense or exception of any nature which would otherwise have been available to him in order to evade or in any manner reduce the strict effect and provisions of this clause.

Appears in 6 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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