Common use of Damages Inadequate Clause in Contracts

Damages Inadequate. Each Party acknowledges and agrees that monetary damages may be an inadequate remedy for a breach or threatened breach of the confidentiality or intellectual property provisions of this Agreement by a Party and each Party hereby agrees that, in the event of abreach or threatened breach of any such provision of this Agreement by a Party, the non- breaching party may seek to enforce its rights and the obligations of the breaching Party in a court of competent jurisdiction by specific performance, injunction, or other equitable remedy.

Appears in 2 contracts

Samples: Joint Venture and License Agreement (Asep Medical Holdings Inc.), Joint Venture and License Agreement (Asep Medical Holdings Inc.)

AutoNDA by SimpleDocs

Damages Inadequate. Each Party acknowledges and agrees that monetary damages at law may be an inadequate remedy for a breach or threatened breach of the confidentiality or intellectual property provisions of this Agreement by a Party and each Party hereby agrees that, in the event of abreach or threatened a breach of any such provision of this Agreement hereof by a Party, notwithstanding Section 9, the non- breaching party may seek to enforce its other Party’s rights and the obligations of the breaching Party so in breach hereunder shall be enforceable in a court of competent jurisdiction by specific performance, injunction, or other equitable remedy.

Appears in 1 contract

Samples: License Agreement

AutoNDA by SimpleDocs

Damages Inadequate. Each Party acknowledges and agrees that monetary damages at law may be an inadequate remedy for a breach or threatened breach of the confidentiality or intellectual property provisions of this Agreement by a that Party and each Party hereby agrees that, in the event of abreach a breach or threatened breach of any such provision of this Agreement hereof by a Party, notwithstanding section 9.1, the non- breaching party may seek to enforce its other Party’s rights and the obligations of the breaching Party so in breach hereunder shall be enforceable in a court of competent jurisdiction by specific performance, injunction, or other equitable remedy.

Appears in 1 contract

Samples: Exclusive License Agreement (Carbon Sciences, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!