Joinder of Parties. The obligations of guarantor are joint and several, and independent of the obligations of Obligor. Obligee may bring and prosecute a separate action or actions against Guarantor, whether it brings an action against Obligor or joins Obligor in any action or actions commenced. Guarantor waives, to the fullest extent permitted by law, the benefit of any statute of limitations affecting their liability under this agreement or the enforcement of this agreement. Any payment by Obligor or other circumstance that operates to toll any statute of limitations as to Obligor shall also operate to toll the statute of limitations as to Guarantor.
Appears in 1 contract
Sources: Guaranty Agreement
Joinder of Parties. The obligations of guarantor Guarantor are joint and several, and independent of the obligations of Obligor. Obligee may bring Obligor and prosecute a separate action or actions may be brought and prosecuted against Guarantor, whether it brings an action is brought against Obligor or joins whether Obligor be joined in any such action or actions commencedactions. Guarantor waives, to the fullest extent permitted by law, the benefit of any statute of limitations affecting their its liability under this agreement Guaranty or the enforcement of this agreementGuaranty. Any payment by Obligor or other circumstance that operates to toll any statute of limitations as to Obligor shall also operate to toll the statute of limitations as to Guarantor.
Appears in 1 contract
Sources: Office Lease (Dance Biopharm, Inc.)
Joinder of Parties. The obligations of guarantor are joint and several, and Guarantor is independent of the obligations of Obligor. Obligee may bring , and prosecute a separate action or actions may be brought and prosecuted against Guarantor, whether it brings an action is brought against Obligor or joins whether Obligor be joined in any such action or actions commencedactions. Guarantor waives, to the fullest extent permitted by law, the benefit of any statute of limitations affecting their liability under this agreement Agreement or the enforcement of this agreementAgreement. Any payment by Obligor or other circumstance that operates to toll any statute of limitations as to Obligor shall also operate to toll the statute of limitations as to Guarantor.
Appears in 1 contract
Sources: Guaranty Agreement (Western Power & Equipment Corp)