Common use of Damages; Remedies Clause in Contracts

Damages; Remedies. The Stockholder hereby agrees and acknowledges that (a) Parent and the Company would be irreparably injured in the event of a breach by the Stockholder of its obligations under this Support Agreement, (b) monetary damages may not be an adequate remedy for such breach and (c) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Petra Acquisition Inc.), Company Stockholder Support Agreement (Mountain Crest Acquisition Corp. III), Company Stockholder Support Agreement (Mountain Crest Acquisition Corp II)

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Damages; Remedies. The Stockholder hereby agrees and acknowledges that (a) Parent and the Company would be irreparably injured in the event of a breach by the Stockholder of its obligations under this Stockholder Support Agreement, (b) monetary damages may not be an adequate remedy for such breach and (c) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach.

Appears in 2 contracts

Samples: Company Stockholder Support Agreement (Vickers Vantage Corp. I), Company Stockholder Support Agreement (Sorrento Therapeutics, Inc.)

Damages; Remedies. The Stockholder Each Shareholder hereby agrees and acknowledges that (a) Parent and the Company would be irreparably injured in the event of a breach by the Stockholder such Shareholder of its obligations under this Support Agreement, (b) monetary damages may not be an adequate remedy for such breach and (c) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach.

Appears in 2 contracts

Samples: Company Shareholder Support Agreement (Genesis Unicorn Capital Corp.), Company Shareholder Support Agreement (Arisz Acquisition Corp.)

Damages; Remedies. The Each Stockholder hereby agrees and acknowledges that (a) Parent and the Company would be irreparably injured in the event of a breach by the Stockholder of its obligations under this Support Agreement, (b) monetary damages may not be an adequate remedy for such breach and (c) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach.

Appears in 2 contracts

Samples: Company Stockholder Support Agreement (EF Hutton Acquisition Corp I), Parent Stockholder Support Agreement (EF Hutton Acquisition Corp I)

Damages; Remedies. The Stockholder hereby agrees and acknowledges that (ai) Parent and the Company shall each would be irreparably injured in the event of a breach by the Stockholder of its obligations under this Support Agreement, (bii) monetary damages may would not be an adequate remedy for such breach breach, and (ciii) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach or threatened breach, without the need to post a bond or other collateral security.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (BCTG Acquisition Corp.), Letter Agreement (CM Life Sciences III Inc.)

Damages; Remedies. The Stockholder hereby agrees and acknowledges that (a) Parent and the Company would be irreparably injured in the event of a breach by the Stockholder of its obligations under this Support Agreement, (b) monetary damages may would not be an adequate remedy for such breach breach, and (c) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach or threatened breach, without the need to post a bond or other collateral security.

Appears in 1 contract

Samples: NewHold Investment Corp.

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Damages; Remedies. The Stockholder hereby agrees and acknowledges that (ai) Parent and the Company would be irreparably injured in the event of a breach by the Stockholder of its obligations under this Support Agreement, (bii) monetary damages may would not be an adequate remedy for such breach breach, and (ciii) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach or threatened breach, without the need to post a bond or other collateral security.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BCTG Acquisition Corp.)

Damages; Remedies. The Stockholder hereby agrees and acknowledges that (a) Parent and the Company would be irreparably injured in the event of a breach by the Stockholder of its obligations under this Support Agreement, (b) monetary damages may not be an adequate remedy for such breach and (c) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach.

Appears in 1 contract

Samples: NB Merger Corp.

Damages; Remedies. The Each Stockholder hereby agrees and acknowledges that (a) Parent SPAC and the Company would be irreparably injured in the event of a breach by the Stockholder of its obligations under this Support Agreement, (b) monetary damages may not be an adequate remedy for such breach and (c) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach.

Appears in 1 contract

Samples: Sponsor Support Agreement (Mountain Crest Acquisition Corp. V)

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