Common use of Acknowledgment and Relief Clause in Contracts

Acknowledgment and Relief. Each of the Seller Parties acknowledges that (i) its obligations under this Section 9.4 are reasonable in the context of the nature of the Business and the competitive injuries likely to be sustained by Buyers if the Seller Parties were to violate such obligations, (ii) the covenants in this Section 9.4 are adequately supported by consideration from Buyers for the benefit of Buyers after the Closing Date, and (iii) the foregoing makes it necessary for the protection of the Business that the Seller Parties not compete with Buyers for the reasonable period contained herein. Each of the Seller Parties acknowledges and agrees that the remedy at law available to Buyers for breach of any of such Seller Parties’ obligations under this Section 9.4 would be inadequate; therefore, in addition to any other rights or remedies that Buyers may have at law or in equity, temporary and permanent injunctive relief may be granted in any proceeding which may be brought to enforce any provision contained in this Section 9.4, without the necessity of proof of actual damage. If it is judicially determined that a Seller Party has violated this Section 9.4, then the period applicable to each obligation that the such Seller Party has been determined to have violated will automatically be extended by a period of time equal in length to the period during which such violation occurred.

Acknowledgment and Relief. Each of the Seller Parties acknowledges that (i) its obligations under this Section 9.4 are reasonable in the context of the nature of the Business and the competitive injuries likely to be sustained by Buyers Buyer if the Seller Parties were to violate such obligations, (ii) the covenants in this Section 9.4 are adequately supported by consideration from Buyers Buyer for the benefit of Buyers Buyer after the Closing Date, and (iii) the foregoing makes it necessary for the protection of the Business that the Seller Parties not compete with Buyers Buyer for the reasonable period contained herein. Each of the Seller Parties acknowledges and agrees that the remedy at law available to Buyers Buyer for breach of any of such Seller Parties’ obligations under this Section 9.4 would be inadequate; therefore, in addition to any other rights or remedies that Buyers Buyer may have at law or in equity, temporary and permanent injunctive relief may be granted in any proceeding which may be brought to enforce any provision contained in this Section 9.4, without the necessity of proof of actual damage. If it is judicially determined that a Seller Party has violated this Section 9.4, then the period applicable to each obligation that the such Seller Party has been determined to have violated will automatically be extended by a period of time equal in length to the period during which such violation occurred.

Acknowledgment and Relief. Each of the Seller Parties acknowledges The Sellers acknowledge that (i) its their obligations under this Section 9.4 11.1 are reasonable in the context of the nature of the Business business of the Company and the competitive injuries likely to be sustained by Buyers the Company if the Seller Parties Sellers were to violate such obligations, (ii) the covenants in this Section 9.4 11.1 are adequately supported by consideration from Buyers the Purchaser for the benefit of Buyers the Company after the Closing Date, and (iii) the foregoing makes it necessary for the protection of the Business business of the Company that the Seller Parties Sellers not compete with Buyers the Company for the reasonable period contained herein. Each of Accordingly, the Seller Parties acknowledges Sellers acknowledge and agrees agree that the remedy at law available to Buyers the Company for breach of any of such Seller Partiesthe Sellers’ obligations under this Section 9.4 11.1 would be inadequate; therefore, in addition to any other rights or remedies that Buyers the Company may have at law or in equity, temporary and permanent injunctive relief may be granted in any proceeding which may be brought to enforce any provision contained in this Section 9.411.1, without the necessity of proof of actual damage. If it is shall be judicially determined that a any Seller Party has violated this Section 9.411.1, then the period applicable to each obligation that the such Seller Party has been determined to have violated will automatically be extended (for that Seller and no other) by a period of time equal in length to the period during which such violation violation(s) occurred.

Acknowledgment and Relief. Each of the Seller Parties acknowledges The Sellers acknowledge that (i) its their obligations under this Section 9.4 11.1 are reasonable in the context of the nature of the Business business of the Company and the competitive injuries likely to be sustained by Buyers the Company if the Seller Parties Sellers were to violate such obligations, (ii) the covenants in this Section 9.4 11.1 are adequately supported by consideration from Buyers the Purchaser for the benefit of Buyers the Company after the Closing Date, and (iii) the foregoing makes it necessary for the protection of the Business business of the Company that the Seller Parties Sellers not compete with Buyers the Company for the reasonable period contained herein. Each of Accordingly, the Seller Parties acknowledges Sellers acknowledge and agrees agree that the remedy at law available to Buyers the Company for breach of any of such Seller Partiesthe Sellers’ obligations under this Section 9.4 11.1 would be inadequate; therefore, in addition to any other rights or remedies that Buyers the Company may have at law or in equity, temporary and permanent injunctive relief may be granted in any proceeding which may be brought to enforce any provision contained in this Section 9.411.1, without the necessity of proof of actual damage. If it is shall be judicially determined that a any Seller Party has violated this Section 9.411.1, then the period applicable to each obligation that the such Seller Party has been determined to have violated will automatically be extended by a period of time equal in length to the period during which such violation violation(s) occurred.

Acknowledgment and Relief. Each of the The Seller Parties acknowledges that (i) its obligations under this Section 9.4 8.1 are reasonable in the context of the nature of the Business business of the Company and the competitive injuries likely to be sustained by Buyers the Company if the Seller Parties were to violate such obligations, (ii) the covenants in this Section 9.4 8.1 are adequately supported by consideration from Buyers the Purchaser for the benefit of Buyers the Company after the Closing Date, and (iii) the foregoing makes it necessary for the protection of the Business business of the Company that the Seller Parties not compete with Buyers the Company for the reasonable period contained herein. Each of Accordingly, the Seller Parties acknowledges and agrees that the remedy at law available to Buyers the Company for breach of any of such Seller Parties’ the Seller’s obligations under this Section 9.4 8.1 would be inadequate; therefore, in addition to any other rights or remedies that Buyers the Purchaser may have at law or in equity, temporary and permanent injunctive relief may be granted in any proceeding which may be brought to enforce any provision contained in this Section 9.48.1, without the necessity of proof of actual damage. If it is shall be judicially determined that a the Seller Party has violated this Section 9.48.1, then the period applicable to each obligation that the such Seller Party has been determined to have violated will automatically be extended by a period of time equal in length to the period during which such violation violation(s) occurred.

Acknowledgment and Relief. Each of the Seller Parties acknowledges that (i) its such Seller’s obligations under this Section 9.4 9.1 are reasonable in the context of the nature of the Company’s Business and the competitive injuries likely to be sustained by Buyers the Company if the such Seller Parties were to violate such obligations, (ii) the covenants in this Section 9.4 9.1 are adequately supported by consideration from Buyers the Buyer for the benefit of Buyers the Company after the Closing Date, and (iii) the foregoing makes it necessary for the protection of the Company’s Business that the such Seller Parties not compete with Buyers the Company for the reasonable period contained herein. Each of the Seller Parties acknowledges and agrees that the remedy at law available to Buyers the Company for breach of any of such Seller Partiesthe Sellers’ obligations under this Section 9.4 9.1 would be inadequate; therefore, in addition to any other rights or remedies that Buyers the Company may have at law Law or in equity, temporary and permanent injunctive relief may be granted in any proceeding which may be brought to enforce any provision contained in this Section 9.4, without the necessity of proof of actual damage9.1. If it is judicially determined that a Seller Party has violated this Section 9.49.1, then the period applicable to each obligation that the such Seller Party has been determined to have violated will automatically be extended by a period of time equal in length to the period during which such violation occurred.

Acknowledgment and Relief. Each of the The Seller Parties acknowledges that (i) its obligations under this Section 9.4 9.9 are reasonable in the context of the nature of the Business and the competitive injuries likely to be sustained by Buyers the Buyer if the Seller Parties it were to violate such obligations, (ii) the covenants in this Section 9.4 9.9 are adequately supported by consideration from Buyers the Buyer for the benefit of Buyers the Business after the Closing Date, and (iii) the foregoing makes it necessary for the protection of the Business that the Seller Parties it not compete with Buyers the Buyer for the reasonable period contained herein. Each of Accordingly, the Seller Parties acknowledges and agrees that the remedy at law available to Buyers the Buyer for breach of any of such Seller Parties’ its obligations under this Section 9.4 9.9 would be inadequate; therefore, in addition to any other rights or remedies that Buyers the Buyer may have at law or in equity, temporary and permanent injunctive relief may be granted in any proceeding which may be brought to enforce any provision contained in this Section 9.49.9, without the necessity of proof of actual damage. If it is shall be judicially determined that a the Seller Party has violated this Section 9.49.9, then the period applicable to each obligation that the such Seller Party Person has been determined to have violated will automatically be extended by a period of time equal in length to the period during which such violation violation(s) occurred.

Acknowledgment and Relief. Each of the Seller Parties Restricted Party acknowledges that (i) its obligations under this Section 9.4 7.03 are reasonable in the context of the nature of the Business and the competitive injuries likely to be sustained by Buyers the Buyer if the Seller Parties it were to violate such obligations, (ii) the covenants in this Section 9.4 7.03 are adequately supported by consideration from Buyers the Buyer for the benefit of Buyers the Business after the Closing Date, and (iii) the foregoing makes it necessary and reasonable for the protection of the Business that the Seller Parties it not compete with Buyers the Buyer for the reasonable period Restricted Period contained herein. Each of the Seller Parties Accordingly, each Restricted Party acknowledges and agrees that the remedy at law available to Buyers the Buyer for breach of any of such Seller Parties’ Restricted Party’s obligations under this Section 9.4 7.03 would be inadequate; therefore, in addition to any other rights or remedies that Buyers the Buyer may have at law or in equity, temporary and permanent injunctive relief may be granted in any proceeding Action which may be brought to enforce any provision contained in this Section 9.4, 7.03 without the necessity of proof of actual damage. If it is judicially determined that a Seller the Restricted Party has violated this Section 9.47.03, then the period applicable to each obligation that the such Seller Party Person has been determined to have violated will automatically be extended by a period of time equal in length to the period during which such violation or violations occurred.

Acknowledgment and Relief. Each of the Seller Parties Party acknowledges that (i) its such Seller Party’s obligations under this Section 9.4 11.1, including the region, scope and duration, are reasonable in the context of the nature of the Business and the competitive injuries likely to be sustained by Buyers Buyer if the such Seller Parties Party were to violate such obligations, and (ii) the covenants in this Section 9.4 11.1 are adequately supported by consideration from Buyers for the benefit of Buyers after the Closing Date, and (iii) the foregoing makes it necessary for the protection of the Business that the directly or indirectly received by each Seller Parties not compete with Buyers for the reasonable period contained hereinParty pursuant to this Agreement. Each of the Seller Parties Party acknowledges and agrees that the remedy at law available to Buyers Buyer for breach of any of such Seller Parties’ Party’s obligations under this Section 9.4 11.1 would be inadequate; therefore, in addition to any other rights or remedies that Buyers Buyer may have at law or in equity, temporary and permanent injunctive relief may be granted in any proceeding which may be brought to enforce any provision contained in this Section 9.411.1, without the necessity of proof of actual damage. If it is judicially determined that a Seller Party has violated this Section 9.411.1, then the period applicable to each obligation that the such Seller Party has been determined to have violated will automatically be extended by a period of time equal in length to the period during which such violation violation(s) occurred.