Common use of Several Enforcement Clause in Contracts

Several Enforcement. This Guaranty shall apply to each Guarantor and may be enforced against each Guarantor as if each Guarantor had executed a separate agreement. Except as set forth in Section 8 above, no Guarantor shall have any contractual rights or obligations against any other Guarantor under this Guaranty, including any rights to have this Guaranty enforced ratably or any right to restrict the amendment or waiver hereof with respect to another Guarantor.

Appears in 3 contracts

Samples: Credit Agreement (USD Partners LP), Credit Agreement, Credit Agreement (USD Partners LP)

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Several Enforcement. This Guaranty shall apply to each Guarantor and may be enforced against each Guarantor as if each Guarantor had executed a separate agreement. Except as set forth in Section 8 above, no No Guarantor shall have any contractual rights or obligations against any other Guarantor under this Guaranty, including any rights to have this Guaranty enforced ratably or any right to restrict the amendment or waiver hereof with respect to another Guarantor.

Appears in 1 contract

Samples: Guaranty (Global Geophysical Services Inc)

Several Enforcement. This Guaranty shall apply to each Guarantor and may be enforced against each Guarantor as if each Guarantor had executed a separate agreement. Except as expressly set forth in Section 8 abovethis Guaranty, no Guarantor shall have any contractual rights or obligations against any other Guarantor under this Guaranty, including any rights to have this Guaranty enforced ratably or any right to restrict the amendment or waiver hereof with respect to another Guarantor. Section 1.01. Section 11.02.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Basic Energy Services Inc)

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Several Enforcement. This Guaranty shall apply to each Guarantor and may be enforced against each Guarantor as if each Guarantor had executed a separate agreement. Except as set forth in Section 8 above, no The Obligations of the Guarantors are joint and several. No Guarantor shall have any contractual rights or obligations against any other Guarantor under this Guaranty, including any rights to have this Guaranty enforced ratably or any right to restrict the amendment or waiver hereof with respect to another Guarantor.

Appears in 1 contract

Samples: Term Loan Agreement (SeaCube Container Leasing Ltd.)

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