Common use of MULTIPLE OCCUPANCY Clause in Contracts

MULTIPLE OCCUPANCY. it is expressly understood that this agreement is between the owner and each signatory individually and severally. In the event of default by any one signatory the other(s) shall be responsible for the rent payment and all other provisions of this agreement.

MULTIPLE OCCUPANCY. it It is expressly understood that this agreement is between the owner Owner and each signatory individually and severally. In the event of default by any one signatory, each and every remaining signatory the other(s) shall be responsible for the timely payment of rent payment and all other provisions of this agreement.