Joint and Several Indemnity. Where this indemnity is given by more than one person, company, entity or trust, the obligations on the part of the indemnifier contained in this Agreement take effect as joint and several obligations. When you sign this Agreement you are bound by it, even if another person, company, entity or trust named or described as an indemnifier does not sign it, is not bound by it, has no power to sign it or ceases to be bound by it. A release by us of an indemnifier from this indemnity will not affect the liability of other indemnifiers. If you are listed as both an Indemnifier and Builder, you are bound by all obligations as Indemnifier in respect of the other entities listed as the Builder.
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