Common use of Successors and Joint Trustors Clause in Contracts

Successors and Joint Trustors. Where an obligation created herein is binding upon Trustor, the obligation also applies to and binds any transferee or successors in interest. Where the terms of the Deed of Trust have the effect of creating an obligation of the Trustor and a transferee, such obligation will be deemed to be a joint and several obligation of the Trustor and such transferee. Where Trustor is more than one entity or person, all obligations of Trustor will be deemed to be a joint and several obligation of each and every entity and person comprising Trustor.

Successors and Joint Trustors. Where an obligation is created herein is binding upon Trustor, the obligation shall also applies apply to and binds bind any transferee or successors in interest. Where the terms of the Deed of Trust have the effect of creating an obligation of the Trustor and a transferee, such obligation will shall be deemed to be a joint and several obligation of the Trustor and such transferee. Where Trustor is more than one entity or person, all obligations of Trustor will shall be deemed to be a joint and several obligation of each and every entity and person comprising Trustor.

Successors and Joint Trustors. Where an obligation is created herein is binding upon Trustor, the obligation shall also applies apply to and binds bind any transferee or successors in interest. interest Where the terms of the ofthe Deed of Trust ofTrust have the effect of creating an obligation of the Trustor and a transferee, such obligation will shall be deemed to be a joint joint" and several obligation of the Trustor and such transferee. Where Trustor is more than one entity or personperson is signing as Trustor, all obligations of Trustor will ofTrustor shall be deemed to be a joint and several obligation of each ofeach and every every- . entity and person comprising signing as Trustor.

Successors and Joint Trustors. Where an obligation is created herein is binding upon Trustor, the obligation shall also applies apply to and binds bind any transferee or successors in interest. Where the terms of the Deed of Trust have the effect of creating an obligation of the Trustor and a transferee, such obligation will shall be deemed to be a joint and several obligation of the Trustor and such transferee. Where Trustor is more than one entity or person, all obligations of Trustor will shall be deemed to be a joint and several obligation of each and every entity and person comprising Trustor.

Successors and Joint Trustors. Where an obligation created herein is binding upon Trustor, the obligation shall also applies apply to and binds bind any transferee or successors in interest. Where the terms of the Leasehold Deed of Trust have the effect of creating an obligation of the Trustor and a transferee, such obligation will shall be deemed to be a joint and several obligation obligations of the Trustor and such transferee. Where Trustor is more than one entity or person, all obligations of Trustor will shall be deemed to be a joint and several obligation obligations of each and every entity and person comprising Trustor.

Successors and Joint Trustors. Where an obligation created herein is binding upon Trustor, the obligation shall also applies apply to and binds bind any transferee or successors in interest. Where the terms of the Deed of Trust have the effect of creating an obligation of the Trustor and a transferee, such obligation will shall be deemed to be a joint and several obligation of the Trustor and such transferee. Where Trustor is more than one entity or person, all obligations of Trustor will shall be deemed to be a joint and several obligation of each and every entity and person comprising Trustor.