Common use of Damages Inadequate Clause in Contracts

Damages Inadequate. Each of the parties confirm that damages at law may be an inadequate remedy for a breach or threatened breach of this Agreement and agrees that in the event of a breach or threatened breach of any provision the respective rights and obligations hereunder shall be enforceable by specific performance, injunction pending an arbitration hearing, or other equitable remedy that may be granted pending an arbitration hearing to maintain the status quo.

Appears in 3 contracts

Samples: Proprietary Technology Usage License Agreement (Cardstakes Com Inc), Sublicensing Agreement (2u Online Com Inc), Proprietary Technology Usage License Agreement (Power Direct Inc)

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Damages Inadequate. Each of the parties confirm hereto acknowledges and agrees that damages at law may be an inadequate remedy for a breach or threatened breach of this Letter Agreement and hereby agrees that that, in the event of a breach or threatened breach of any provision hereof, the respective rights and obligations hereunder shall will be enforceable by specific performance, injunction pending an arbitration hearinginjunction, or other equitable remedy that may be granted pending an arbitration hearing to maintain the status quoremedy.

Appears in 1 contract

Samples: Financing Agreement (Stonepath Group Inc)

Damages Inadequate. Each of the parties confirm that damages at law may be an inadequate remedy for a breach or threatened breach of this Amended Agreement and agrees that in the event of a breach or threatened breach of any provision the respective rights and obligations hereunder shall be enforceable by specific performance, injunction pending an arbitration hearing, or other equitable remedy that may be granted pending an arbitration hearing to maintain the status quo.

Appears in 1 contract

Samples: License Agreement (2u Online Com Inc)

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Damages Inadequate. Each of the parties confirm hereto acknowledges and agrees that damages at law may be an inadequate remedy for damage or loss incurred as a result of a breach or threatened breach of this Investment Agreement and hereby agrees that that, in the event of the occurrence of a breach or threatened breach of any provision hereof, the respective rights and obligations hereunder shall will be enforceable by specific performance, injunction pending an arbitration hearinginjunction, or other equitable remedy that may be granted pending an arbitration hearing to maintain the status quoremedy.

Appears in 1 contract

Samples: Investment Agreement (Argentex Mining Corp)

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