Common use of Joint and Several Obligation Clause in Contracts

Joint and Several Obligation. The obligations of the Guarantors under this Guaranty are joint and several obligations of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed Obligations, without regard to whether enforcement is sought or available against any other Guarantor.

Appears in 6 contracts

Samples: Security Agreement (Satcon Technology Corp), Loan Agreement (Palm Inc), Credit Agreement (Adac Laboratories)

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Joint and Several Obligation. The obligations This Guaranty and all liabilities of each Guarantor hereunder shall be the Guarantors under this Guaranty are joint and several obligations obligation of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed ObligationsObligations (subject to Section 2.9), without regard to whether enforcement is sought or available against any other Guarantor.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Realty Income Corp), Revolving Credit Agreement (Realty Income Corp), Revolving Credit Agreement (Realty Income Corp)

Joint and Several Obligation. The obligations of the Subsidiary Guarantors under this Guaranty are joint and several obligations of each Subsidiary Guarantor and may be freely enforced against each Subsidiary Guarantor, for the full amount of the Guaranteed Obligations, without regard to whether enforcement is sought or available against any other Subsidiary Guarantor.

Appears in 3 contracts

Samples: Credit Agreement (DSL Net Inc), Credit Agreement (Columbia Capital LLC), Subsidiary Guaranty (Vantagepoint Venture Partners 1996)

Joint and Several Obligation. The obligations This Guaranty and all liabilities of each Guarantor hereunder shall be the Guarantors under this Guaranty are joint and several obligations obligation of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed ObligationsLiabilities (subject to Section 14.6), without regard to whether enforcement is sought or available against any other Guarantor.

Appears in 1 contract

Samples: Security Agreement (Evergreen International Aviation Inc)

Joint and Several Obligation. The obligations of the Guarantors under this Subsidiary Guaranty are joint and several obligations of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed Obligations, without regard to whether enforcement is sought or available against any other Guarantor.

Appears in 1 contract

Samples: Execution (Drew Industries Incorporated)

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Joint and Several Obligation. The obligations This Guaranty and all liabilities of each Guarantor hereunder shall be the Guarantors under this Guaranty are joint and several obligations obligation of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed ObligationsLiabilities (subject to Section 14.5), without regard to whether enforcement is sought or available against any other Guarantor.

Appears in 1 contract

Samples: Security Agreement (Us Home & Garden Inc)

Joint and Several Obligation. The obligations This Guaranty and all ---------------------------- liabilities of each Guarantor hereunder shall be the Guarantors under this Guaranty are joint and several obligations obligation of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed ObligationsObligations (subject to Section 2.9), without regard to whether enforcement is sought or available against any other Guarantor.

Appears in 1 contract

Samples: Subsidiary Guaranty (P Com Inc)

Joint and Several Obligation. The obligations This Guaranty and all liabilities of each Guarantor hereunder shall be the Guarantors under this Guaranty are joint and several obligations obligation of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed ObligationsLiabilities (subject to Section 2.5), without regard to whether enforcement is sought or available against any other Guarantor.

Appears in 1 contract

Samples: Warrant Agreement (Us Home & Garden Inc)

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