JOINTLY AND SEVERALLY Sample Clauses

JOINTLY AND SEVERALLY. The undersigned RESIDENTS are jointly and severally responsible and liable for all obligations under this agreement.

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JOINTLY AND SEVERALLY. The undersigned LESSEE is jointly and severally responsible and liable for all obligations under this agreement.

JOINTLY AND SEVERALLY. In the event that there are two or more Guarantors with respect to a series of Securities, each Guarantor agrees that it is jointly and severally liable for all the Indenture Obligations under the Guarantees with respect to such series of Guaranteed Securities.

JOINTLY AND SEVERALLY. It is expressly understood that this agreement is between the Landlord and each signatory jointly and severally. The term “jointly and severally” means each adult named on the lease shall be responsible for timely payment of rent and performance of all other provisions of this agreement no matter what the other signers may do. All adult occupants must complete an application and will be added to the lease if approved. DIVORCE / BREAK UP: The landlord is not responsible for changes in the Residents’ personal life. The lease continues even if someone moves out. We do NOT remove them from the lease. One person can receive official notices on behalf of all leases. ROOMMATES: Should have a written business agreement between themselves. Even if a person moves out, they are still on the lease and responsible for the rent, cleaning, and damage. The landlord will not settle disputes between roommates. Security deposits stay with the home until all persons have vacated. When replacing a roommate, we suggest the new roommate “buy out” the deposit of the existing roommate. NEW OCCUPANTS: Spouses, or roommates must submit an application and be approved before occupying the Premises. In the case of a spouse who was not listed on the original application, that spouse must complete an application and be approved prior to occupancy. Occupancy, approved or not, assumes legal and financial responsibility for the property and lease. Occupancy by persons not approved will be billed at $25 per day per person, retroactive to the first day of the lease and the Landlord may terminate this Lease Agreement.