Common use of Successive Actions Clause in Contracts

Successive Actions. A separate right of action hereunder shall arise each time Administrative Agent acquires knowledge of any matter indemnified or guaranteed by Guarantors 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 Guarantors hereby waive and covenant 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 (Sila Realty Trust, Inc.), Guaranty Agreement (Sila Realty Trust, Inc.), Guaranty Agreement (Sila Realty Trust, Inc.)

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Successive Actions. A separate right of action hereunder shall arise each time the Collateral Agent or the Administrative Agent acquires knowledge of any matter indemnified or guaranteed by Guarantors 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 Guarantors Guarantor hereby waive waives and covenant covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

Appears in 2 contracts

Samples: Term Loan Agreement (Cinedigm Digital Cinema Corp.), Limited Recourse Guaranty Agreement (Cinedigm Digital Cinema Corp.)

Successive Actions. A separate right of action hereunder shall arise each time Administrative Agent acquires knowledge of any matter indemnified or guaranteed by Guarantors 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 Guarantors Guarantor hereby waive waives and covenant 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 Agreement (KBS Growth & Income REIT, Inc.)

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Successive Actions. A separate right of action hereunder shall arise each time Administrative Agent acquires knowledge of any matter indemnified or guaranteed by Guarantors 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 Guarantors Guarantor hereby waive waives and covenant 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 Agreement

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