Common use of Multiple Borrowers Clause in Contracts

Multiple Borrowers. If there is more than one Borrower, each Borrower has joint and several liability. (That means we can ▇▇▇ all Borrowers together, or any Borrower alone, for the full amount owed to us.)

Appears in 3 contracts

Sources: Home Loan Agreement (Revolving Credit), Home Loan Agreement, Home Loan Agreement

Multiple Borrowers. If there is more than one Borrower, each Borrower has joint and several liability. (( That means we can ▇▇▇ sue all Borrowers together, or any Borrower alone, for the full amount owed to us.)

Appears in 1 contract

Sources: Home Loan Agreement

Multiple Borrowers. If there is more than one Borrower, each Borrower has joint and several liability. (That means we can ▇▇▇ sue all Borrowers together, or any Borrower alone, for the full amount owed to us.)

Appears in 1 contract

Sources: Home Loan Agreement (Revolving Credit)