Joint and Several Guarantee. The SELLERS shall each be jointly and severally liable for the performance and all other warranties and obligations of each other and any obligation expressed to be that of both under this Contract. (End of Article)
Joint and Several Guarantee. To secure all indebtedness owed by the Borrower in accordance with this Agreement, the Guarantor agrees to serve as the Borrower’s guarantor with joint and several liability. The Guarantor shall be jointly liable together with the Borrower in relation to all indebtedness owed by the Borrower under this Agreement (including but not limited to all costs, expenses and relevant fees incurred from the security or enforcement of the interest under this Agreement and Security Documents) for the full repayment to the Banking Syndicate.
Joint and Several Guarantee. Where this Guarantee is given by more than one person, the obligations on the part of the Guarantor contained in this Guarantee take effect as joint and several obligations and references to the Guarantor take effect as references to those persons or any of them. This Guarantee binds each of the persons executing it notwithstanding that any one or more of the persons named in this Guarantee as Guarantor does not execute, or is not or ceases to be bound by this Guarantee, or the Seller does not execute or only subsequently executes this Guarantee. A release by the Seller of any Guarantor from this Guarantee will not affect the liability of the other Guarantors.
Joint and Several Guarantee. The CORPORATION reserves the right to require the COMPANY to sign a Joint and Several Guarantee that embodies the entire promise of the Guarantors to personally guarantee Grantee’s repayment pursuant to the requirements and obligations of the Grant Program.
Joint and Several Guarantee. ①The Indemnitor(s) warrant(s) the Company that the Indemnitor(s) shall jointly and severally guarantee the full performance of the Principal's obligations and duties to the Company under this Agreement. ②The Indemnitor(s) agrees that any collateral(s) and/or other Indemnitor(s) provided to the Company may be substituted or cancelled by the Company in case it is deemed necessary for the transaction of the Company. ③The Indemnitor(s) shall notify the Company immediately when any change is made to his/her/their name, address, company name and contact information and/or in case a Loss Event occurs or is expected to occur. ④When any of the following occurs, the Company shall notify the Indemnitor(s) in writing, which shall be sent to the most recent address notified by the Indemnitor(s). However, when it can be identified by the Company that the Indemnitor(s) has relocated from the previously notified address to a new address through an abridged copy of resident registration or a copy of corporate registration certificate, the Company shall send notification to the new address.
Joint and Several Guarantee. Where the Guarantee and Indemnity is given by more than one entity the obligations on the part of the Guarantor contained in this Deed take effect as joint and several obligations and references to the Guarantor take effect as references to those persons or any of them. None of them will be released from liability under the Deed by reason of any other Guarantor not executing this Deed or this Deed ceasing to be binding as a continuing security on any other Guarantor and the release by the State of any Guarantor from the Guarantee and Indemnity will not affect the liability of the Guarantor.
Joint and Several Guarantee. 1. The Borrower shall cause the Guarantor to execute the Letter of Guarantee on the date of this Agreement substantially in the form of Schedule 10, by which the Guarantor jointly and severally guarantee (hereinafter such guarantee shall be referred to as the "Guarantee" and obligations under the Guarantee shall be referred to as the "Guarantee Obligation") jointly with the Borrower in relation to any present and future obligations owed by the Borrower to each Lender and the Agent under this Agreement (including, but not limited to, any Agent Fee) and shall deliver it to the Agent on the same date.
Joint and Several Guarantee. As the parent company of Party A, Party C shall have joint and several guarantee obligations regarding this Agreement. As the original shareholders of Golden Anke, Party D shall have joint and several guarantee obligations regarding this Agreement.
Joint and Several Guarantee. The Owner as the sole shareholder of the Borrower grants an unconditional and irrevocable joint and several guarantee (in Hungarian: ‘készfizető kezesség’) as a security for any payment obligation of the Borrower under from this Uncommitted Credit Line Agreement or any Agreement concluded thereunder.
Joint and Several Guarantee. The Guarantee was assumed as directly enforceable, with a waiver of the benefit of discussion. The Guarantor waives the defense of voidability, as per § 770, para. 2 BGB, unless the Principal Debtor’s defense and/or counterclaim is undisputed or legally established. The Guarantor may not derive any rights from the nature or time of recovery of other collateral or from the issuance of such collateral. The Bank is not obliged first to claim other collateral before making a claim against the Guarantors. No objection may be derived from the fact that the Bank approves an extension or partial payment for the Principal Debtors, without the Guarantor’s knowledge.
