Common use of Multiple Buyers Clause in Contracts

Multiple Buyers. If more than one person signs this Agreement as Buyer, then each person signing this Agreement will be jointly and severally liable. This means that each person is independently obligated to see that all promises of the Buyer are performed. This also means that the Seller may seek its remedies, in the event of a default, against all or any of the persons, as it so chooses. The term "Buyer" as used in this Agreement is intended to include all persons signing this Agreement as Buyer.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement

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Multiple Buyers. If more than one person signs this Agreement as Buyer, then each person signing this Agreement will be jointly and severally liableliable under this Agreement. This means that each person is independently obligated to see that perform all of the promises of the Buyer are performedBuyer. This also means that the Seller may seek its remedies, in the event of a default, against all or any of the personspersons named as Buyer, as it so the Seller chooses. The term "Buyer" ”, as used in this Agreement Agreement, is intended to include all persons signing this Agreement as Buyer.

Appears in 1 contract

Samples: Agreement of Sale of Real Estate

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Multiple Buyers. If more than one person signs this Agreement as Buyer, then each person signing this Agreement will be jointly and severally liable. This means that each person is independently obligated to see that all promises of the Buyer are performed. This also means that the Seller may seek its remedies, in the event of a default, against all or any of the persons, as it so chooses. The term "Buyer" ”, as used in this Agreement Agreement, is intended to include all persons signing this Agreement as Buyer.

Appears in 1 contract

Samples: Subscription and Purchase Agreement

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