Common use of Joint and Several Guarantee Clause in Contracts

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.

Appears in 2 contracts

Sources: Ship Sale Contract (Globus Maritime LTD), Ship Sale Contract (Globus Maritime LTD)

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.

Appears in 1 contract

Sources: Ship Sale Contract (Globus Maritime LTD)