Common use of Joint and Several Obligation Clause in Contracts

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

Appears in 6 contracts

Sources: Credit Agreement (Ocular Sciences Inc /De/), Revolving Credit Agreement (Realty Income Corp), Revolving Credit Agreement (Realty Income Corp)

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

Appears in 6 contracts

Sources: Note Purchase Agreement (Satcon Technology Corp), Loan Agreement (Palm Inc), Guaranty (Chadmoore Wireless Group Inc)

Joint and Several Obligation. This Guaranty and all liabilities of each Guarantor hereunder shall be the joint and several obligation of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed Obligations Liabilities (subject to Section 2.914.5), without regard to whether enforcement is sought or available against any other Guarantor.

Appears in 1 contract

Sources: Revolving Credit, Term Loan, Guaranty and Security Agreement (Us Home & Garden Inc)

Joint and Several Obligation. This Guaranty and all liabilities of each Guarantor hereunder shall be the joint and several obligation of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed Obligations Liabilities (subject to Section 2.914.6), without regard to whether enforcement is sought or available against any other Guarantor.

Appears in 1 contract

Sources: Credit, Guaranty and Security Agreement (Evergreen International Aviation Inc)

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

Appears in 1 contract

Sources: Subsidiary Guaranty (P Com Inc)

Joint and Several Obligation. This Guaranty and all liabilities of each Guarantor hereunder shall be the joint and several obligation of each Guarantor and may be freely enforced against each Guarantor, for the full amount of the Guaranteed Obligations Liabilities (subject to Section 2.92.5), without regard to whether enforcement is sought or available against any other Guarantor.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Us Home & Garden Inc)