Common use of Acknowledgment and Consents Clause in Contracts

Acknowledgment and Consents. You hereby acknowledge, agree and consent as follows: (a) all restrictions contained herein are reasonable and valid and are essential to the protection of the interests of the Company or of your interests (as the case may be) and the survival of the respective parties’ activities; (b) in the event of a breach of any provision of this Agreement, the Company will suffer irreparable harm and monetary damages will not be sufficient to compensate for the breach. Accordingly, in the event of an anticipated breach, the Company may suffer irreparable harm and monetary will not be sufficient to compensate for the breach. Accordingly, in the event of a breach or anticipated breach, the Company may petition a court for preliminary and permanent equitable relief, including injunctive relief in order to prevent or put an end to any such breach and for an accounting of all profits and benefits arising out of such breach. Such rights and remedies shall be cumulative and in addition to any other relief, rights and remedies which the Company may have under the law, including but not limited to reasonable legal fees; (c) nothing herein shall be construed so as to limit or restrict any remedy at law which the Company or you may have against the other party for any breach of this Agreement.

Acknowledgment and Consents. You hereby acknowledge, agree and consent as follows: (a) all restrictions contained herein are reasonable and valid and are essential to the protection of the interests of the Company or of your interests (as the case may be) and the survival of the respective parties’ its activities; (b) in the event of a breach of any provision of this Agreement, the Company will suffer irreparable harm and monetary damages will not be sufficient to compensate for the breach. Accordingly, in the event of an anticipated breach, the Company may suffer irreparable harm and monetary will not be sufficient to compensate for the breach. Accordingly, in the event of a breach or anticipated breach, the Company may petition a court for preliminary and permanent equitable relief, including injunctive relief in order to prevent or put an end to any such breach and for an accounting of all profits and benefits arising out of such breach. Such rights and remedies shall be cumulative and in addition to any other relief, rights and remedies which the Company may have under the law, including but not limited to reasonable legal fees; (c) you hereby waive all defences to the strict enforcement of this Agreement by the Company; (d) nothing herein shall be construed so as to limit or restrict any remedy at law which the Company or you may have against the other party for any breach of this Agreement.