Common use of Alternative Remedies Clause in Contracts

Alternative Remedies. All of the rights and remedies of the Limited Partner under this Agreement and the rights and remedies of the City under the Relevant Agreements are cumulative and not alternative. In addition to the rights contained in Sections 6.1 and 6.2 hereof and any other rights pursuant to this Agreement, the City, as a party to the Master GP Shareholder Agreement, may exercise, either separately or simultaneously, any of the following remedies with respect to a GP Event of Default for which the Limited Partner then has the right to deliver a Notice pursuant to Section 6.2: (a) bring any proceedings in the nature of specific performance, injunction or other equitable remedy, it being acknowledged by each of the Parties that damages at law may not be an adequate remedy for a default or breach of this Agreement; and (b) bring any action at law as may be necessary or advisable in order to recover damages, subject to the limitations contained in this Agreement and the Project Agreement.

Appears in 11 contracts

Samples: Stadium Limited Partnership Agreement, Limited Partnership Agreement, Stadium Limited Partnership Agreement

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