Liability Joint and Several. The security interest granted by each Grantor herein and all liability of each Grantor hereunder shall be the joint and several obligation of each Grantor and may be freely enforced against each Grantor, for the full amount of the Secured Obligations and all other liabilities of such Grantor hereunder, without regard to whether enforcement is sought or available against any other Grantor.
Appears in 2 contracts
Sources: Pledge and Security Agreement (D&f Industries Inc), Subsidiary Pledge and Security Agreement (Flashnet Communications Inc)