Solidary Liability. If the Tenant is comprised of more than one person or corporation, each of them shall be solidarily liable for the performance of the obligations set forth in this Lease.
Solidary Liability. If several persons have signed this lease, their liability is solidary, so that each person shall be liable for all of the obligations under this Lease, without division and discussion benefits.
Solidary Liability. EACH BORROWER ACKNOWLEDGES AND AGREES THAT IT IS SOLIDARILY (JOINTLY AND SEVERALLY) LIABLE WITH THE OTHER BORROWER FOR THE PAYMENT AND PERFORMANCE OF ALL OBLIGATIONS FROM TIME TO TIME OWING HEREUNDER AND UNDER THE OTHER LOAN DOCUMENTS EXECUTED BY EITHER OR BOTH OF THE BORROWERS.
Solidary Liability. Where several Grantors have signed the present Deed or further become liable for the obligations of the Grantor, each such person shall be solidarily (jointly and severally) liable toward the Trustee for the performance of all the Secured Obligations. “
Solidary Liability. Guarantor agrees that its liability and obligations in favor of Creditor shall be joint, several and in solidor with Client and all other guarantors of the Guaranteed Obligations, and that a separate action or actions may be brought and prosecuted against Guarantor to enforce Creditor’s rights under this Guaranty, whether action is brought against Client or whether Client is joined in any such action or actions. Guarantor agrees that any releases which may be given by Creditor to Client or any other guarantor shall not release it from this Guaranty.
Solidary Liability. If more than one person executes this Guaranty as Guarantor, each such persons shall be liable for the obligations hereunder on a SOLIDARY basis. Not in limitation of the forgoing, LHC, in its reasonable discretion, may:
(a) To the extent permitted by applicable law, bring suit against Guarantor, or any one or more of the Persons constituting Guarantor, and any other guarantor, solidarily, or against any one or more of them;
(b) compromise or settle with any one or more of the persons constituting Guarantors, or any other guarantor, for such consideration as LHC may deem proper;
(c) discharge or release one or more of the persons constituting Guarantors, or any other guarantor, from liability or agree not to sue such person; and
(d) otherwise deal with Guarantors and any guarantor, or any one or more of them, in any manner, and no such action shall impair the rights of LHC to collect from any Guarantor any amount guaranteed by Guarantors under this Guaranty. No such action taken pursuant to subparagraphs (a), (b), (c) or (d) above shall impair the rights of LHC to collect from any Guarantor any amount guaranteed by Guarantors under this Guaranty. Nothing contained in this paragraph shall in any way affect or impair the rights or obligations of Guarantors with respect to any other guarantor.
Solidary Liability. The Guarantor shall assume solidary liability with the Customer with respect to the Obligations and shall waive the benefit of discussion and division, as well as any notice of exercise by the Beneficiary of any right or security.
Solidary Liability. If and when included within the term “Tenant,” as used in this instrument, there is more than one person or entity, each shall solidarily liable for the obligations of Tenant.
Solidary Liability. If more than one person or entity signs this Mortgage as Borrower, the obligations of such persons and entities shall be solidary.
Solidary Liability. If Borrower consists of more than one natural persons and/or entities, the liability of each of them for Borrower’s obligations under the Loan Documents shall be solidary.
