Common use of Multiple Borrowers Clause in Contracts

Multiple Borrowers. If two or more borrowers sign this Agreement, each will be jointly and severally obligated to repay the Bank in full.

Appears in 3 contracts

Samples: Loan Agreement (Wynn Stephen A), Business Loan Agreement (Motorcar Parts & Accessories Inc), Loan Agreement (Wynn Stephen A)

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Multiple Borrowers. If two or more borrowers sign this Agreementagreement, each will be jointly and severally individually obligated to repay the Bank in full, and all will be obligated together.

Appears in 1 contract

Samples: Business Line of Credit Agreement (Pacific Softworks Inc)

Multiple Borrowers. If two or more borrowers Borrowers sign this Agreement, each will be jointly and severally individually obligated to repay the Bank in full, and all Borrowers will be obligated together.

Appears in 1 contract

Samples: Loan Agreement (Arden Group Inc)

Multiple Borrowers. If two or more borrowers Borrowers sign this Agreement, each will be jointly and severally individually obligated to repay the Bank in full, and all will be obligated together.

Appears in 1 contract

Samples: Business Loan Agreement (Medical Science Systems Inc)

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Multiple Borrowers. If two or more borrowers sign this Agreement, each will be jointly and severally individually obligated to repay the Bank in full, and all will be obligated together.

Appears in 1 contract

Samples: Commercial Loan Agreement (Arlen Corp)

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