Common use of Joint and Several Liability Clause in Contracts

Joint and Several Liability. The obligations of Guarantor (and each party named as a Guarantor in this Guaranty) and any Other Guarantor will be joint and several. Lender, in its sole and absolute discretion, may take any of the following actions:

Appears in 79 contracts

Samples: Multifamily Loan and Security Agreement (Sentio Healthcare Properties Inc), Guaranty (Bluerock Residential Growth REIT, Inc.), Guaranty (Steadfast Apartment REIT, Inc.)

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Joint and Several Liability. The obligations of Guarantor (and each party named as a Guarantor in this Guaranty) and any Other Guarantor will shall be joint and several. Lender, in its sole and absolute discretion, may take any of the following actionsmay:

Appears in 47 contracts

Samples: Form of Guaranty (Avalonbay Communities Inc), NTS Realty Holdings Lp, NTS Realty Holdings Lp

Joint and Several Liability. The obligations of Guarantor (and each party named as a Guarantor in this Guaranty) and any Other Guarantor will be joint and several. Funding Lender, in its sole and absolute discretion, may take any of the following actions:

Appears in 9 contracts

Samples: mf.freddiemac.com, mf.freddiemac.com, mf.freddiemac.com

Joint and Several Liability. The obligations of Guarantor (and each party named as a Guarantor in this Guaranty) and any Other Guarantor will be joint and several. Lender, in its sole and absolute discretion, may take any of the following actions:: Guaranty - Multistate Pages

Appears in 3 contracts

Samples: Steadfast Apartment REIT, Inc., Steadfast Apartment REIT, Inc., Steadfast Apartment REIT, Inc.

Joint and Several Liability. The obligations of Guarantor (and each party named as a Guarantor in this Guaranty) and any Other Guarantor will be joint and several. Lender, in its sole and absolute discretion, may take any of the following actions:: Guaranty- Multistate Pages

Appears in 1 contract

Samples: Steadfast Apartment REIT, Inc.

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Joint and Several Liability. The obligations of Guarantor (and each party named as a Guarantor in this Guaranty) and any Other Guarantor will be joint and several. Lender, in its sole and absolute discretion, may take any of the following actions:: Guaranty - Multistate Page6

Appears in 1 contract

Samples: Steadfast Income REIT, Inc.

Joint and Several Liability. The obligations of Guarantor (and each party named as a Guarantor in this Guaranty) and any Other Guarantor will be joint and several. Lender, in its sole and absolute discretion, may take any of the following actions:: Guaranty- Multistatc Pagc5

Appears in 1 contract

Samples: Steadfast Apartment REIT, Inc.

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