Common use of Multiple Guarantors Clause in Contracts

Multiple Guarantors. If there is more than one (1) Guarantor executing this Agreement, the obligations of all Guarantors hereunder shall be joint and several, and all words used herein in the singular shall be deemed to have been used in the plural when the context and construction so require.

Appears in 2 contracts

Sources: Limited Recourse Carve Out Guaranty (Arcimoto Inc), Guaranty of Payment (Prospect Acquisition Corp)