Common use of Enforcement; Specific Performance Clause in Contracts

Enforcement; Specific Performance. (a) In case any one or more Events of Default shall occur and be continuing, a Registered Holder of a Debenture then outstanding may proceed to protect and enforce the rights of such holder by an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement contained herein or for an injunction against a violation of any of the terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by law. Each holder agrees that it will give written notice to the other holders prior to instituting any such action.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Airtech International Group Inc), Securities Purchase Agreement (Nanopierce Technologies Inc), Securities Purchase Agreement (Data Systems & Software Inc)

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Enforcement; Specific Performance. (a) In case any one or more Events events of Default default set forth herein shall occur and be continuing, a the Registered Holder of a Debenture then outstanding may proceed to protect and enforce the rights of such holder by an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement contained herein or for an injunction against a violation of any of the terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by law. Each holder agrees that it will give written notice to the other holders prior to instituting any such action.

Appears in 1 contract

Samples: Suncoast Naturals Inc

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