Common use of Successive Actions Clause in Contracts

Successive Actions. A separate right of action hereunder shall arise each time Lender acquires knowledge of any matter guaranteed by Guarantor under this Guaranty. 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 Guarantor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Appears in 6 contracts

Samples: Restructure Agreement (Peak Resorts Inc), Guaranty Agreement (Peak Resorts Inc), Guaranty Agreement (Peak Resorts Inc)

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Successive Actions. A separate right of action hereunder shall arise each time Lender acquires knowledge of any matter indemnified or guaranteed by Guarantor under this Guaranty. 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 Guarantor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Appears in 4 contracts

Samples: Guaranty Agreement (Farmland Partners Inc.), Guaranty Agreement (Farmland Partners Inc.), Guaranty Agreement (Farmland Partners Inc.)

Successive Actions. A separate right of action hereunder shall arise each time Lender acquires knowledge of any failure of payment or performance of any matter guaranteed by any Guarantor under this Guaranty. 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 Guarantor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Drone USA Inc.)

Successive Actions. A separate right of action hereunder shall arise each time Lender acquires knowledge of any matter guaranteed by Guarantor under this GuarantyAgreement. 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 Guarantor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Appears in 2 contracts

Samples: Guaranty Agreement (Strategic Storage Trust II, Inc.), Mezzanine Guaranty Agreement (Strategic Storage Trust II, Inc.)

Successive Actions. A separate right of action hereunder shall arise each time Lender acquires knowledge of any matter indemnified or guaranteed by Guarantor under this Guaranty. 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 Guarantor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.. ​

Appears in 2 contracts

Samples: Guaranty Agreement (Farmland Partners Inc.), Guaranty Agreement (Farmland Partners Inc.)

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Successive Actions. A separate right of action hereunder shall arise each time Lender acquires knowledge of any matter indemnified or guaranteed by the Guarantor under this Guaranty. 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 the Guarantor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Appears in 2 contracts

Samples: Guaranty and Limited Indemnity Agreement (Emeritus Corp\wa\), Guaranty and Limited Indemnity Agreement (Emeritus Corp\wa\)

Successive Actions. A separate right of action hereunder shall arise each time Lender acquires knowledge of any matter guaranteed indemnified by Guarantor under this GuarantyAgreement. 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 Guarantor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Appears in 1 contract

Samples: Guaranty of Payment (General Host Corp)

Successive Actions. A separate right of action hereunder shall arise each time Lender acquires knowledge of any matter indemnified or guaranteed by the Guarantor under this Guaranty. 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 the Guarantor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Appears in 1 contract

Samples: Guaranty and Limited Indemnity Agreement (Emeritus Corp\wa\)

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