MORE THAN ONE LESSEE Clause Samples

The "More Than One Lessee" clause defines the rights and responsibilities of each lessee when a lease is held by multiple parties. Typically, this clause states that all lessees are jointly and severally liable for fulfilling the obligations under the lease, such as paying rent or maintaining the property. This means that the landlord can seek full performance or payment from any one lessee if the others fail to comply. The core function of this clause is to ensure that the landlord has recourse against all lessees collectively or individually, thereby reducing the risk of non-payment or non-performance.
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MORE THAN ONE LESSEE. If more than one person or entity executes this Schedule, or any other Lease Documents executed in connection herewith, as "Lessee," the obligations of "Lessee" contained herein and therein shall be deemed joint and several and all references to "Lessee" shall apply both individually and jointly.
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MORE THAN ONE LESSEE. If more than one person or entity executes the Lease Documents as “Lessee”, the obligations of “Lessee” shall be deemed joint and several and all references to “Lessee” shall apply both individually and jointly.
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MORE THAN ONE LESSEE. If more than one person signs this Lease as Lessee, all signers will be jointly and severally liable. You agree that we can waive or delay the enforcement of our rights as to one signer without affecting our rights as to any other signer. You also agree that we can release any signer from his or her obligations without releasing any other signer from their obligations.
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MORE THAN ONE LESSEE. In the event of the LESSOR and/or LESSEE being more than one person, the parties shall be jointly and severally responsible towards each other and the LESSOR in terms of this Lease, in solidum.
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