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Common use of Joint and Several Obligations of Pledgors Clause in Contracts

Joint and Several Obligations of Pledgors. All payment obligations of the Pledgors hereunder shall be joint and several.

Appears in 5 contracts

Sources: Pledge Agreement (Hadron Inc), Credit Agreement (Personnel Group of America Inc), Credit Agreement (Personnel Group of America Inc)

Related Clauses

  • Joint and Several Obligations
  • Joint and Several Obligation
  • Obligations Joint and Several
  • Borrowings; Several Obligations
  • Several Obligations; No Liability

Parent Clauses

  • Miscellaneous
  • Conflict
  • Miscellaneous Provisions
  • Amendment and Restatement
  • USA PATRIOT Act Notice

Sub-Clauses

  • Definitions
  • Grant of Security Interest in the Collateral
  • General Remedies
  • Deficiency
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