Common use of Enforcement of Provision Clause in Contracts

Enforcement of Provision. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to each Investor by vitiating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, that each Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Internet America Inc), Securities Purchase Agreement (Perficient Inc), Securities Purchase Agreement (Internet America Inc)

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Enforcement of Provision. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to each the Investor by vitiating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, that each the Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Aksys LTD), Securities Purchase Agreement (Endocardial Solutions Inc), Securities Purchase Agreement (Micro Therapeutics Inc)

Enforcement of Provision. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to each the Investor by vitiating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, that each the Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfertransfer of the Securities and/or Warrant Shares, as applicable, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Sonus Pharmaceuticals Inc), Securities Purchase Agreement (Dyntek Inc), Securities Purchase Agreement (Sonus Pharmaceuticals Inc)

Enforcement of Provision. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to each the Investor by vitiating invalidating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, that each the Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Tower Automotive Inc), Securities Purchase Agreement (Navistar International Corp), Securities Purchase Agreement (Tower Automotive Inc)

Enforcement of Provision. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to each Investor by vitiating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, that each Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfertransfer of the Securities and/or Warrant Shares, as applicable, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sonus Pharmaceuticals Inc), Securities Purchase Agreement (Schering Berlin Venture Corp)

Enforcement of Provision. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to each the Investor by vitiating invalidating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V VI will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, Article VI that each the Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Icop Digital, Inc), Securities Purchase Agreement (Faro Technologies Inc)

Enforcement of Provision. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to each Investor by vitiating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, that each Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transferbreach, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 2 contracts

Samples: Securities Purchase Agreement (China Housing & Land Development, Inc.), Securities Purchase Agreement (Delphax Technologies Inc)

Enforcement of Provision. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to each the Investor by vitiating invalidating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, Article that each the Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 2 contracts

Samples: Registration Rights Agreement (Midwest Express Holdings Inc), Securities Purchase Agreement (Midwest Express Holdings Inc)

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Enforcement of Provision. The Company acknowledges that a breach by ------------------------ it of its obligations hereunder will cause irreparable harm to each the Investor by vitiating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, that each the Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aksys LTD)

Enforcement of Provision. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to each the Investor by vitiating invalidating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this SectionArticle, that each the Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 1 contract

Samples: Securities Purchase Agreement (Midwest Express Holdings Inc)

Enforcement of Provision. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to each the Investor by vitiating invalidating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, that each the Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 1 contract

Samples: Securities Purchase Agreement (Daisytek International Corporation /De/)

Enforcement of Provision. The Company acknowledges that a breach ------------------------ by it of its obligations hereunder will cause irreparable harm to each the Investor by vitiating the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Article V 5 will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, that each the Investor will be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aksys LTD)

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