Joint and Several means if the Tenant is more than one person or entity forming the Tenant they are jointly and equally responsible for the payment of all Rent and liabilities or any breach of the obligations specified within the Tenancy Agreement during the Tenancy or any extension, or continuation of it as a fixed term or periodic tenancy. Individually each person forming the Tenant is responsible for payment of all rent and liabilities and compensation for any breach of the Tenancy Agreement.
Joint and Several means that when more than one person comprise the Tenant, they will each be responsible for complying with the Tenant’s obligations under this Agreement both individually and together. The Landlord may seek to enforce these obligations and claim damages against any one or more of those individuals. It also means that the Guarantor will be liable with the Tenant to pay all rent and any debt arising from any breach of the Tenancy until all debt is paid in full.
Joint and Several means that the Guarantor will be liable with the Tenant to pay all Rent and any debt arising from any breach of the tenancy until all debt is paid in full.
Examples of Joint and Several in a sentence
MISCELLANEOUS 48 29.1 Binding Effect 48 29.2 Conflicts 48 29.3 Rules of Interpretation 48 29.4 Compliance 49 29.5 Joint and Several Obligations 49 29.6 Entire Agreement 49 29.7 No Third Party Beneficiaries 49 29.8 Waiver 49 29.9 Headings 50 29.10 Multiple Counterparts 50 29.11 Amendment 50 29.12 Modification by the Parties 50 29.13 Reservation of Rights 50 29.14 No Partnership 50 29.15 Other Transmission Rights 51 Appendices iv SERVICE AGREEMENT NO.
More Definitions of Joint and Several
Joint and Several is where the Tenant is more than one person the Tenant’s covenants are joint and several. The expression “joint and several” means that jointly the Tenants are responsible for the payment of all Rent and liabilities falling upon the Tenants during the Tenancy or any extension of it. Individually each Tenant is also responsible for payment of all rent and liabilities falling upon the Tenants as well as any breach of the Agreement. References to the singular include the plural and references to the masculine include the feminine.
Joint and Several has the meaning set forth in Section 10(o) below.
Joint and Several means that when more than one person comprises the Tenant, they will each be responsible for complying with the Tenant’s obligations under this Agreement or any extension of it for a fixed Term extension or periodic Tenancy both as a group and each person is liable for all obligations and payments as an individual;
Joint and Several means if more than one person has signed the lease as a Tenant, then any and all other Tenant collectively are fully responsible for fulfilling (including full payment of rent) all the conditions of this lease, except where expressly otherwise agreed, and regardless of whether the particular signatory has vacated the premises.
Joint and Several will mean “solidary” as that term is used in the Louisiana Civil Code. The term “merger” will mean “confusion” as that term is used in the Louisiana Civil Code.
Joint and Several. All covenants expressed or implied shall bind all persons executing this Agreement and any two or greater number of them jointly and each of them severally.
Joint and Several shall include “solidary”; (m) “gross negligence or willful misconduct” shall be deemed to be “intentional or gross fault”; (n) “registered ownership held for a beneficial owner” shall include “ownership on behalf of another as mandatary”; (o) “easement” shall include “servitude”; (p) “priority” shall include “prior claim”; (q) “survey” shall include “certificate of location and plan”; (r) “state” shall include “province”; (s) “fee simple title” shall include “absolute ownership”; (t) “accounts” shall include “claims”. 1.5