Common use of Availability of Equitable Relief Clause in Contracts

Availability of Equitable Relief. Each Party understands and agrees that its breach or threatened breach of this Agreement will cause irreparable injury to the other Party and that money damages will not provide an adequate remedy for such breach or threatened breach, and both parties hereby agree that, in the event of such a breach or threatened breach, the non-breaching Party will also be entitled, without the requirement of posting a bond or other security, to equitable relief, including injunctive relief and specific performance. The Parties’ rights under this Agreement are cumulative, and a Party’s exercise of one right shall not waive the Party’s right to assert any other legal remedy.

Appears in 3 contracts

Samples: Ultralight Pro License Agreement – V1, Ultralight License Subscription Agreement – V2, Ultralight License Subscription Agreement – V1

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Availability of Equitable Relief. Each Party party understands and agrees that its breach or threatened breach of this Agreement will cause irreparable injury to the other Party party and that money damages will not provide an adequate remedy for such breach or threatened breach, and both parties hereby agree that, in the event of such a breach or threatened breach, the non-breaching Party party will also be entitled, without the requirement of posting a bond or other security, to equitable relief, including injunctive relief and specific performance. The Partiesparties’ rights under this Agreement are cumulative, and a Partyparty’s exercise of one right shall not waive the Partyparty’s right to assert any other legal remedy.

Appears in 2 contracts

Samples: Mutual Non Disclosure Agreement, Mutual Nondisclosure Agreement

Availability of Equitable Relief. Each Party party understands and agrees that its breach or threatened breach of this Agreement will may cause irreparable injury to the other Party party and that money damages will may not provide an adequate remedy for such breach or threatened breach, and both parties hereby agree that, in the event of such a breach or threatened breach, the non-breaching Party party will also be entitled, without the requirement of posting a bond or other security, to seek equitable relief, including injunctive relief and specific performance. The Parties’ parties' rights under this Agreement are cumulative, and a Party’s party's exercise of one right shall not waive the Party’s party's right to assert any other legal remedy.

Appears in 1 contract

Samples: Mutual Nondisclosure Agreement

Availability of Equitable Relief. Each Party understands understands, agrees, and agrees not to contest that its breach or threatened breach of this Agreement will cause irreparable injury to the other Party and that money damages will not provide an adequate remedy for such breach or threatened breach, and both parties Parties hereby agree that, in the event of such a breach or threatened breach, the non-breaching non‑breaching Party will also be entitled, without the requirement of posting a bond or other security, to equitable relief, including injunctive relief and specific performance. The Parties’ rights under this Agreement are cumulative, and a Party’s exercise of one right shall not waive the Party’s right to assert any other legal remedy.

Appears in 1 contract

Samples: Mutual Nondisclosure Agreement

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Availability of Equitable Relief. Each Party party understands and agrees that its breach or threatened breach of this Agreement will cause irreparable injury to the other Party party and that money damages will not provide an adequate remedy for such breach or threatened breach, and both parties hereby agree that, in the event of such a breach or threatened breach, the non-breaching Party party will also be entitled, without the requirement of posting a bond or other security, to equitable relief, including injunctive relief and specific performance. The Parties’ parties' rights under this Agreement are cumulative, and a Party’s party's exercise of one right shall not waive the Party’s party's right to assert any other legal remedy.

Appears in 1 contract

Samples: Mutual Nondisclosure Agreement

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