Common use of Solidary Liability Clause in Contracts

Solidary Liability. Guarantor agrees that its liability and obligations in favor of Creditor shall be joint, several and in solidor with Client and all other guarantors of the Guaranteed Obligations, and that a separate action or actions may be brought and prosecuted against Guarantor to enforce Creditor's rights under this Guaranty, whether action is brought against Client or whether Client is joined in any such action or actions. Guarantor agrees that any releases which may be given by Creditor to Client or any other guarantor shall not release it from this Guaranty.

Solidary Liability. Guarantor agrees that its liability and obligations in favor of Creditor shall be joint, several and in solidor with Client and all other guarantors of the Guaranteed Obligations, and that a separate action or actions may be brought and prosecuted against Guarantor to enforce Creditor's ’s rights under this Guaranty, whether action is brought against Client or whether Client is joined in any such action or actions. Guarantor agrees that any releases which may be given by Creditor to Client or any other guarantor shall not release it from this Guaranty.