Common use of Successive Actions Clause in Contracts

Successive Actions. A separate right of action hereunder shall arise each time Buyer 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 causes of action or merger of judgments.

Appears in 7 contracts

Samples: Guaranty Agreement (Exantas Capital Corp.), Limited Guaranty (Colony NorthStar Credit Real Estate, Inc.), Limited Guaranty (Colony NorthStar Credit Real Estate, Inc.)

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Successive Actions. A separate right of action hereunder shall arise each time Buyer acquires knowledge of any matter indemnified or guaranteed by Guarantor under this GuarantyAgreement. Separate Buyer may bring 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 5 contracts

Samples: Guaranty and Payment Agreement (Federal Signal Corp /De/), Guaranty and Payment Agreement (Federal Signal Corp /De/), Guaranty and Payment Agreement (Federal Signal Corp /De/)

Successive Actions. A separate right of action hereunder shall arise each time Buyer Purchaser acquires knowledge of any failure of payment or performance 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 1 contract

Samples: Payment and Performance (Prospect Medical Holdings Inc)

Successive Actions. A separate right of action hereunder shall arise each time Buyer 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 causes of action or merger of judgments.. Guaranty Agreement (Xxxxx Fargo/CIM Real Estate) CHAR1\1715883v11

Appears in 1 contract

Samples: Guaranty and Subordination Agreement (Cim Real Estate Finance Trust, Inc.)

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Successive Actions. A separate right of action hereunder shall arise each time Buyer 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 causes of action or merger of judgments.. 33 Limited Guaranty (Citibank and Northstar)

Appears in 1 contract

Samples: Limited Guaranty (NorthStar Real Estate Income II, Inc.)

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