Common use of Equitable and Injunctive Relief Clause in Contracts

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 are intended to preserve the unique relationship among the Partners and (b) the provisions of Section 10.01 are intended to preserve the value and goodwill of the Partnership's business; and that, in the event of a breach or a threatened breach by any Partner of its obligations under Section 10.01, the other Partners and the Partnership will not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a Partner, any of the other Partners shall be entitled to such equitable and injunctive relief as may be available to restrain such Partner and any Person participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.

Appears in 3 contracts

Sources: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 12.1 hereof are intended to preserve the unique relationship among between the Partners Partners; and (b) the provisions of Section 10.01 12.1 are intended to preserve the value and goodwill of the Partnership's ’s business; and that, in the event of a breach or a threatened breach by any Partner (or its Representatives) of its obligations under Section 10.0112.1, the other Partners and the Partnership will may not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a PartnerPartner or its Representatives, any of the other Partners shall be entitled to seek such equitable and injunctive relief as may be available to restrain such Partner and any Person participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.

Appears in 3 contracts

Sources: Exempted Limited Partnership Agreement (SiriusPoint LTD), Exempted Limited Partnership Agreement (Third Point Reinsurance Ltd.), Exempted Limited Partnership Agreement (Third Point Reinsurance Ltd.)

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 are intended to preserve the unique relationship among the Partners and (b) the provisions of Section 10.01 are intended to preserve the value and goodwill of the Partnership's business; and that, in the event of a breach or a threatened breach by any Partner of its obligations under Section 10.01, the other Partners and the Partnership will not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a Partner, any of the other Partners shall be entitled to such equitable and injunctive relief as may be available to restrain such Partner and any Person participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.damages.‌

Appears in 2 contracts

Sources: Limited Partnership Agreement, Limited Partnership Agreement

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 12.1 hereof are intended to preserve the unique relationship among between the Partners Partners, and (b) the provisions of Section 10.01 12.1 are intended to preserve the value and goodwill of the Partnership's ’s business; and that, in the event of a breach or a threatened breach by any Partner (or its Representatives) of its obligations under Section 10.0112.1, the other Partners and the Partnership will may not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a PartnerPartner or its Representatives, any of the other Partners shall be entitled to seek such equitable and injunctive relief as may be available to restrain such Partner and any Person participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.

Appears in 1 contract

Sources: Exempted Limited Partnership Agreement (Third Point Reinsurance Ltd.)

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 are intended to preserve the unique relationship among the Partners and (b) the provisions of Section 10.01 are intended to preserve the value and goodwill of the Partnership's ’s business; and that, in the event of a breach or a threatened breach by any Partner of its obligations under Section 10.01, the other Partners and the Partnership will not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a Partner, any of the other Partners shall be entitled to such equitable and injunctive relief as may be available to restrain such Partner and any Person participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.damages.‌

Appears in 1 contract

Sources: Exempted Limited Partnership Agreement

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 10.1 hereof are intended to preserve the unique relationship among between the Partners Partners, and (b) the provisions of Section 10.01 10 .1 are intended to preserve the value and goodwill of the Partnership's ’s business; and that, in the event of a breach or a threatened breach by any Partner of its obligations under Section 10.0110.1, the other Partners and the Partnership will may not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a Partner, any of the other Partners shall be entitled to seek such equitable and injunctive relief as may be available to restrain such Partner and any Person participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.

Appears in 1 contract

Sources: Limited Partnership Agreement (New Mountain Vantage Advisers, L.L.C.)

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 10.1 hereof are intended to preserve the unique relationship among between the Partners Partners, and (b) the provisions of Section 10.01 10.1 are intended to preserve the value and goodwill of the Partnership's ’s business; and that, in the event of a breach or a threatened breach by any Partner of its obligations under Section 10.0110.1, the other Partners and the Partnership will may not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a Partner, any of the other Partners shall be entitled to seek such equitable and injunctive relief as may be available to restrain such Partner and any Person participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.

Appears in 1 contract

Sources: Limited Partnership Agreement (Garden Investment Management, L.P.)

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 Article VIII hereof are intended to preserve the unique relationship among between the Partners Partners; and (b) the provisions of Section 10.01 11.5 are intended to preserve the value and goodwill of the Partnership's business; and that, in the event of a breach or a threatened breach by any Partner either of its obligations under Article VIII or Section 10.0111.5, the other Partners and the Partnership will not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a Partner, any of the other Partners Partner shall be entitled to such equitable and injunctive relief as may be available to restrain such Partner and any Person person, firm or corporation participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement herein shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.

Appears in 1 contract

Sources: Limited Partnership Agreement (Resort Investment LLC)

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 hereof are intended to preserve the unique relationship among between the Partners and (b) the provisions of Section 10.01 are intended to preserve the value and goodwill of the Partnership's business; and that, in the event of a breach or a threatened breach by any Partner of its obligations under Section 10.01, the other Partners and the Partnership will not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a Partner, any of the other Partners shall be entitled to such equitable and injunctive relief as may be available to restrain such Partner and any Person participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.

Appears in 1 contract

Sources: Limited Partnership Agreement (Clinton Group Inc)

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 hereof are intended to preserve the unique relationship among between the Partners Partners; and (b) the provisions of Section 10.01 are intended to preserve the value and goodwill of the Partnership's ’s business; and that, in the event of a breach or a threatened breach by any Partner of its obligations under Section 10.01, the other Partners and the Partnership will may not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a Partner, any of the other Partners shall be entitled to seek such equitable and injunctive relief as may be available to restrain such Partner and any Person participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.

Appears in 1 contract

Sources: Limited Partnership Agreement (Mantle Ridge LP)

Equitable and Injunctive Relief. The Partners acknowledge that (a) the provisions of Section 10.01 12.03 hereof are intended to preserve the unique relationship among between the Partners and (b) the provisions of Section 10.01 12.03 are intended to preserve the value and goodwill of the Partnership's ’s business; and that, in the event of a breach or a threatened breach by any Partner of its obligations under Section 10.0112.03, the other Partners and the Partnership others will not have an adequate remedy at law. Accordingly, in the event of any such breach or threatened breach by a Partner, any of the other Partners shall be entitled to such equitable and injunctive relief as may be available to restrain such Partner and any Person participating in such breach or threatened breach from the violation of the provisions thereof. Nothing in this Agreement herein shall be construed as prohibiting a Partner or the Partnership from pursuing any other remedies available at law or in equity for such breach or threatened breach, including the recovery of damages.

Appears in 1 contract

Sources: Limited Partnership Agreement (Eminence Capital, Lp)