Common use of Damages; Remedies Clause in Contracts

Damages; Remedies. Each Shareholder hereby agrees and acknowledges that (a) SPAC, Holdco and the Company would be irreparably injured in the event of a breach by the 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 3 contracts

Samples: Spac Shareholder Support Agreement (Healthcare AI Acquisition Corp.), Company Shareholder Support Agreement (Healthcare AI Acquisition Corp.), Company Shareholder Support Agreement (Mountain Crest Acquisition Corp. V)

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Damages; Remedies. Each The Shareholder hereby agrees and acknowledges that (a) SPAC, Holdco Parsec and the Company would be irreparably injured in the event of a breach by the 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 1 contract

Samples: Shareholder Support Agreement (Parsec Capital Acquisitions Corp.)

Damages; Remedies. Each Shareholder Stockholder hereby agrees and acknowledges that (a) SPAC, Holdco and the Company would be irreparably injured in the event of a breach by the Shareholder 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: Spac Stockholder Support Agreement (Mountain Crest Acquisition Corp. V)

Damages; Remedies. Each The Shareholder hereby agrees and acknowledges that (a) SPAC, Holdco SPAC and the Company would be irreparably injured in the event of a breach by the 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 1 contract

Samples: Sponsor Support Agreement (JATT Acquisition Corp)

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Damages; Remedies. Each Company Shareholder hereby agrees and acknowledges that (a) SPAC, Holdco SPAC and the Company would be irreparably injured in the event of a breach by the Company 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 1 contract

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

Damages; Remedies. Each The Shareholder hereby agrees and acknowledges that (a) SPAC, Holdco SPAC and the Company would be irreparably injured in the event of a breach by the 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 1 contract

Samples: Sponsor Support Agreement (Iris Acquisition Corp)

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