Specific Performance definition

Specific Performance means the fulfilment of either Party’s obligations in terms of this Lease Agreement;
Specific Performance. The Grantor acknowledges that if the Grantor fails to perform any of its Obligations under the Transaction Document immediate and irreparable harm or injury would be caused to the Holder for which money damages would not be an adequate remedy. • In such event, the Grantor agrees that the Holder shall have the right, in addition to any other rights it may have, to specific performance of the Transaction Document. Accordingly, if the Holder should institute an action or proceeding seeking specific enforcement of the provisions hereof, the Grantor hereby waives the claim or defense that the Holder has an adequate remedy at Law and hereby agrees not to assert in any such action proceeding the claim or defense that such a remedy at Law exists. The Grantor further agrees to waive any requirements for the securing or posting of any bond in connection with obtaining any such equitable relief.
Specific Performance means the fulfilment of either Party’s obligations in terms of this Agreement;

Examples of Specific Performance in a sentence

  • The successful high bidder on this property will be required to sign the Specific Performance Real Estate Contract immediately upon conclusion of the bidding and will make an Xxxxxxx Money deposit of Ten Percent (10%) of the total sales price.

  • The successful high bidder on this property will be required to sign the Specific Performance Real Estate Contract immediately upon conclusion of the bidding and will make an xxxxxxx money deposit of ten percent (10%) of the total sales price.

  • Upon Default and Right to Specific Performance If the Contractor commits an event of default and fails to cure pursuant to Section 13.1.12 County shall be entitled to unilaterally terminate this Franchise Agreement or seek other such legal remedies as it shall deem proper.

  • Release 50 ARTICLE X MISCELLANEOUS 50 Section 10.1. Notices 50 Section 10.2. Severability 51 Section 10.3. Limited Recourse 52 Section 10.4. Counterparts 52 Section 10.5. Entire Agreement; No Third Party Beneficiaries 52 Section 10.6. Governing Law 52 Section 10.7. Consent to Jurisdiction; Waiver of Jury Trial 53 Section 10.8. Right to Specific Performance 53 Section 10.9. Assignment 53 Section 10.10.

  • In the event any party to this Agreement fails or refuses to respond to written demand to participate in arbitration any other party may obtain an order of Specific Performance from the District Court, in the County of Xxxxxx, State of Colorado, and an award of its reasonable attorneys fees, costs and expenses related to the filing of such suit.


More Definitions of Specific Performance

Specific Performance means the fulfilment of either Party’s obligations in terms of this Mandate Agreement;
Specific Performance means Court will order the party to perform his part of agreement, instead of imposing on him any monetary liability to pay damages to other party.
Specific Performance means the performance of obligations which derive from a contract following an order by a court, including the registration of immovable property to which the contract relates;
Specific Performance. The parties to this Agreement recognize that any breach of their respective obligations under this Agreement and the Confidentiality Agreement could result in irreparable injury to the other party. Each party shall, therefore, be entitled, without restricting such party from other legal and equitable remedies, to injunctive and other equitable relief to prevent or restrain the breach of this Agreement, including, without limitation, the return and delivery of property immediately upon any termination of this Agreement as provided herein.
Specific Performance means actual carrying out of the promise. In certain cases, the Court may direct the party in breach of contract for the actual carrying out of the promise, exactly according to the terms of the contract. This is called specific performance of the contract.
Specific Performance means that a party may require the other party to perform its obligations under the contract (and seek enforcement through court
Specific Performance means Court will ask the party to perform his part of agreement, instead of asking him to pay damages to other party.