Joint Borrowing Clause Samples
Joint Borrowing. In the event there are two or more persons jointly borrow money, any of the borrowers shall comply with the obligations hereunder, and assumes the joint and several liabilities to repay the full amount of loan. The Lender has the right to request any of the borrowers to repay the principal and interest that has not been repaid and other expenses that have not been paid.
Joint Borrowing. 9.1 Where more than one person is named as “you” or the “customer” in this credit agreement, any reference to “you” or the “customer” includes a reference to each of you and your agreements, obligations and liabilities under this credit agreement are joint and several. Any notice given to the first of you named as “you” or the “customer” in this credit agreement shall be deemed to be given to all of you.
Joint Borrowing. 9.1 Where more than one person is named as “you” or the Variable Only If the borrowing rate of interest shown in the Important Information is a variable rate, the following clauses 6.2 and