Common use of Successive Actions Clause in Contracts

Successive Actions. A separate right of action hereunder shall ------------------ arise each time the Agent or the Lenders acquire knowledge of any matter described in Sections 2 or 3 hereof. Separate and successive actions may be brought hereunder to enforce any of the provisions hereof at any time and from time to time. No action hereunder shall preclude any subsequent action, and Indemnitor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Successive Actions. A separate right of action hereunder shall ------------------ arise each time the Agent or the Lenders acquire Lender acquires knowledge of any matter described in Sections 2 or 3 5 hereof. Separate and successive actions may be brought hereunder to enforce any of the provisions hereof at any time and from time to time. No action hereunder shall preclude any subsequent action, and Indemnitor Borrower hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Successive Actions. A separate right of action hereunder shall ------------------ arise each time the Agent or the Lenders acquire knowledge of any matter described in Sections 2 indemnified or 3 hereofguaranteed by the Indemnitors under this Agreement. Separate and successive actions may be brought hereunder to enforce any of the provisions hereof at any time and from time to time. No action hereunder shall preclude any subsequent action, and each Indemnitor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Successive Actions. A separate right of action hereunder shall ------------------ arise each time the Agent or the Lenders acquire Lender acquires knowledge of any matter described in Sections 2 or 3 hereof. Separate and successive actions may be brought hereunder to enforce any of the provisions hereof at any time and from time to time. No action hereunder shall preclude any subsequent action, and Indemnitor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.