Liability Joint and Several. The liability of each Guarantor under this Agreement 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 and all other liabilities of such Guarantor hereunder, without regard to whether enforcement is sought or available against any other Guarantor.
Appears in 3 contracts
Sources: Guaranty, Indemnity and Subordination Agreement (D&f Industries Inc), Guaranty, Indemnity and Subordination Agreement (Liberty Group Publishing Inc), Guaranty, Indemnity and Subordination Agreement (Liberty Group Operating Inc)