BUYER'S RIGHT TO ENJOIN; SPECIFIC PERFORMANCE Sample Clauses

BUYER'S RIGHT TO ENJOIN; SPECIFIC PERFORMANCE. Seller irrevocably acknowledges that the Station Licenses and Broadcasting Assets constitute unique and irreplaceable assets. Seller further irrevocably acknowledges that the benefits to be derived by Buyer from the transactions contemplated by this Agreement are equally unique and irreplaceable. Accordingly, if Seller improperly abandons or improperly terminates this Agreement, Buyer would not have an adequate remedy at law. Therefore, Buyer shall be entitled to a court order (a) enjoining any action or a transaction that could reasonably be expected to constitute a breach of this Agreement, including but not limited to any act or transaction that could reasonably be expected to constitute a breach of Section 7.1.10, and (b) requiring Seller to perform this Agreement and to consummate the transactions contemplated by this Agreement in 1. If Buyer files an action under this Section 20.16.1, and then fails to deposit the amount specified in Section 2.2.4 (a) of the Purchase Agreement in escrow with Coamerica Bank-Texas or any court of competent jurisdiction) on or before the Closing Date, Buyer shall dismiss any such action with prejudice. Buyer and Seller irrevocably agree not to contest or limit in any manner whatsoever the enforcement of this Section 20.16. 1. Seller shall not be entitled to the remedies of injunctive relief and specific performance specified in this Section 20.16.1.