Common use of Multiple Purchasers Clause in Contracts

Multiple Purchasers. If 2 or more persons are named as Purchaser herein, any one of them is authorized to act as agent for, with the right to bind, the other(s) in all matters and of every kind and nature with respect to this Agreement. If the Purchaser is married, and the Purchaser’s spouse is not named as a Purchaser herein, Purchaser shall be responsible and liable for such spouse executing the mortgage and other closing documents as required by lender and Seller. Failure of said spouse to do so shall constitute a default hereunder by Purchaser.

Multiple Purchasers. If 2 two (2) or more persons are named as Purchaser herein, any one (1) of them is authorized to act as agent for, with the right to bind, the other(s) in all matters and of every kind and nature with respect to this AgreementContract. If the Purchaser is married, and the Purchaser’s spouse is not named as a Purchaser herein, Purchaser shall be responsible and liable for such spouse executing the mortgage and other closing Closing documents as required by lender and Seller. Failure of said spouse to do so shall constitute a default hereunder by Purchaser.