Common use of Breach of Restrictive Covenants Clause in Contracts

Breach of Restrictive Covenants. Notwithstanding any arbitration provisions contained in this Agreement, Playa Resorts and the Playa Affiliates shall have the right and remedy to have the provisions of this Section 8 specifically enforced by a court of competent jurisdiction without any requirement to first seek a remedy through arbitration, including by temporary or permanent injunction, it being acknowledged and agreed that any such violation may cause irreparable injury to the Company and that money damages will not provide an adequate remedy to the Company. The Company shall also have the right to seek damages for any breach of this Section 8.

Appears in 5 contracts

Samples: Executive Employment Agreement (Playa Hotels & Resorts N.V.), Executive Employment Agreement (Playa Hotels & Resorts N.V.), Executive Employment Agreement (Playa Hotels & Resorts N.V.)

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Breach of Restrictive Covenants. Notwithstanding any arbitration provisions contained in this Agreement, Playa Resorts Management and the Playa Affiliates shall have the right and remedy to have the provisions of this Section 8 specifically enforced by a court of competent jurisdiction without any requirement to first seek a remedy through arbitration, including by temporary or permanent injunction, it being acknowledged and agreed that any such violation may cause irreparable injury to the Company and that money damages will not provide an adequate remedy to the Company. The Company shall also have the right to seek damages for any breach of this Section 8.

Appears in 4 contracts

Samples: Executive Employment Agreement (Playa Hotels & Resorts N.V.), Executive Employment Agreement (Playa Hotels & Resorts N.V.), Executive Employment Agreement (Playa Hotels & Resorts B.V.)

Breach of Restrictive Covenants. Notwithstanding any arbitration provisions contained in this Agreement, Playa Resorts and the Playa Affiliates shall have the right and remedy to have the provisions of this Section 8 specifically enforced by a court of competent jurisdiction without any requirement to first seek a remedy through arbitration, including by temporary or permanent injunction, it being acknowledged and agreed that any such violation may cause irreparable injury to the Company and that money damages will not provide an adequate remedy to the CompanyPlaya Resorts. The Company shall also have the right to seek damages for any breach of this Section 8.

Appears in 3 contracts

Samples: Executive Employment Agreement (Playa Hotels & Resorts N.V.), Executive Employment Agreement (Playa Hotels & Resorts N.V.), Executive Employment Agreement (Playa Hotels & Resorts N.V.)

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Breach of Restrictive Covenants. Notwithstanding any arbitration provisions contained in this Agreement, Playa Resorts Management and the Playa Affiliates shall have the right and remedy to have the provisions of this Section 8 specifically enforced by a court of competent jurisdiction without any requirement to first seek a remedy through arbitration, including by temporary or permanent injunction, it being acknowledged and agreed that any such violation may cause irreparable injury to the Company and that money damages will not provide an adequate remedy to the CompanyPlaya Management. The Company shall also have the right to seek damages for any breach of this Section 8.

Appears in 2 contracts

Samples: Executive Employment Agreement (Playa Hotels & Resorts N.V.), Executive Employment Agreement (Playa Hotels & Resorts N.V.)

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