Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 255 contracts
Samples: Convertible Note Purchase Agreement (Surf Air Mobility Inc.), Loan and Security Agreement (Sonic Foundry Inc), Loan and Security Agreement (Simply, Inc.)
Joint and Several Liability. If Borrower consists of more than one Personperson or entity, their the liability of each of them shall be joint and several, and the compromise of any claim with, or the release of, any one such Borrower shall not constitute a compromise with, or a release of, any other such Borrower.
Appears in 18 contracts
Samples: Credit Agreement (Zumiez Inc), Credit Agreement (International Displayworks, Inc), Credit Agreement (Key Technology Inc)
Joint and Several Liability. If the Borrower consists of more than one Personperson, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 11 contracts
Samples: Loan and Security Agreement (I Flow Corp /Ca/), Loan and Security Agreement (Kofax Image Products Inc), Loan and Security Agreement (Advanced Power Technology Inc)
Joint and Several Liability. If The liability of each Borrower consists of more than one Person, their liability shall be joint and several, several and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 7 contracts
Samples: Accounts Receivable Financing Agreement (Boxlight Corp), Loan and Security Agreement (Blaze Software Inc), Loan and Security Agreement (Catalyst Semiconductor Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other BorrowerBorrower or any other Obligor.
Appears in 6 contracts
Samples: Loan and Security Agreement (Fields Aircraft Spares Inc), Security Agreement (Northwest Teleproductions Inc), Security Agreement (Northwest Teleproductions Inc)
Joint and Several Liability. If Borrower consists of more than one --------------------------- Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 5 contracts
Samples: Security Agreement, Loan and Security Agreement (Pilot Network Services Inc), Loan and Security Agreement (Odetics Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 4 contracts
Samples: Loan and Security Agreement (Advanced Photonix Inc), Loan and Security Agreement (EdgeWave, Inc.), Loan and Security Agreement (Reeds Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release re-lease of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 4 contracts
Samples: Security Agreement (Cardlytics, Inc.), Security Agreement (Activecare, Inc.), Security Agreement (Entrada Networks Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.. Multiplier Capital II, LP Loan and Security Agreement
Appears in 2 contracts
Samples: Loan and Security Agreement (Winc, Inc.), Loan and Security Agreement (Winc, Inc.)
Joint and Several Liability. If Borrower consists of more than one Person, their Borrower’s liability shall be is joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 2 contracts
Samples: Security Agreement (Cogent Communications Group Inc), Loan and Security Agreement (Cogent Communications Group Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise comprise with, or a release of, any other Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Double-Take Software, Inc.)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.. Partners for Growth Schedule to Loan and Security Agreement
Appears in 1 contract
Samples: Loan and Security Agreement (Borqs Technologies, Inc.)
Joint and Several Liability. If Borrower at any time consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.. Partners for Growth Loan and Security Agreement
Appears in 1 contract
Samples: Loan and Security Agreement (Healthcare Corp of America)
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, ; any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Samples: Security Agreement (Intelligent Medical Imaging Inc)
Joint and Several Liability. If Borrower consists of more than one Person, their Each Borrower’s liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Joint and Several Liability. If Borrower consists of more than one Person--------------------------- person or entity, their the liability of each of them shall be joint and several, and the compromise of any claim with, or the release of, any one such Borrower shall not constitute a compromise with, or a release of, any other such Borrower.
Appears in 1 contract
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release case of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Joint and Several Liability. If Borrower consists of more than one --------------------------- Person, their liability shall be joint and arid several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Joint and Several Liability. If Borrower consists of more than one Personperson or entity, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower. Remainder of page intentionally left blank [Signatures on the Following Page] Loan and Security Agreement Castellum, Inc. et al.
Appears in 1 contract
Joint and Several Liability. If Borrower consists of more than one --------------------------- Person, their liability shall be joint and several, and the compromise of any claim with, or the release re-lease of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.. Partners for Growth Loan and Security Agreement
Appears in 1 contract
Joint and Several Liability. If the Borrower consists of more than one Personperson, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, ' any other Borrower.
Appears in 1 contract
Joint and Several Liability. If Borrower at any time consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.
Appears in 1 contract
Samples: Security Agreement (Selway Capital Acquisition Corp.)
Joint and Several Liability. If Borrower consists Borrowers consist of more than one Person, and their liability shall be joint and several, and the compromise of any claim with, or the release of, any either Borrower shall not constitute a compromise with, or a release of, any the other Borrower.
Appears in 1 contract
Samples: agenda.okc.gov
Joint and Several Liability. If Borrower consists of more than one Person, their liability shall be joint and several, and the compromise of any claim with, or the release of, any Borrower shall not constitute a compromise with, or a release of, any other Borrower.. 9.15
Appears in 1 contract
