DIVISIBLE CONTRACT Sample Clauses

DIVISIBLE CONTRACT. It is agreed that, for the purpose of any suit brought or based on this Lease, this Lease shall be construed to be a divisible contract, to the end that successive actions may be maintained on said Lease as successive periodic sums shall mature under said Lease, and it is further agreed that failure to include in any suit or action any sum or sums then matured shall not be a bar to the maintenance of any suit or action, for the recovery of said sum or sums so omitted, and the Tenant agrees that it will not in any suit or suits brought on this Lease for a matured sum for which judgment has not previously been received, plead, rely on or urge as a bar to said suit or suits, the defenses of res judicata, former recovery extinguishment, merger, election of remedies or other similar defense, unless such is a compulsory matter of pleading.

DIVISIBLE CONTRACT. Subject to Section 15.c.17. Mortgage Holders, below, if the Insured Location(s) include two or more buildings or the contents of two or more buildings, the breach of any condition of this Policy in respect to any one or more of the buildings insured or containing the Covered Property shall not prejudice the right to recover for physical damage occurring in any building insured or containing the Covered Property where, at the time of such damage, a breach of condition does not exist.

DIVISIBLE CONTRACT. For the purposes of any suit brought by Landlord, this Agreement shall be construed to be a divisible contract, to the end that successive actions may be maintained on this Agreement as successive periodic sums mature hereunder.