Common use of Equitable Relief Clause in Contracts

Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 14 contracts

Samples: Unit Purchase Agreement (Phreadz, Inc.), Unit Purchase Agreement (Atwood Minerals & Mining CORP.), Series C Preferred Stock Purchase Agreement (Net Value Holdings Inc)

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Equitable Relief. Each of the parties hereby acknowledges that any breach by such party him or it of his, her, his or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties parties, and that money damages would be an inadequate remedy therefor. Accordingly, each party and accordingly, acknowledges and agrees that the each other parties or any of them party will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 12 contracts

Samples: Merger Agreement (Acme Packet Inc), Merger Agreement (Uluru Inc.), Merger Agreement (Leukosite Inc)

Equitable Relief. Each of the parties hereto acknowledges that any a breach by such party it of his, her, or its obligations under any provision contained in this Agreement would will cause substantial and irreparable damage to one or more of the other parties to sustain damage for which they would not have an adequate remedy at law for money damages, and that money damages would be an inadequate remedy therefor. Accordingly, therefore each party of the parties hereto agrees that in the other parties or event of any of them will such breach, the aggrieved party shall be entitled to an injunction, the remedy of specific performance, and/or performance of such agreement and injunctive and other equitable relief in addition to prevent the breach of such obligationsany other remedy to which it may be entitled, at law or in equity.

Appears in 10 contracts

Samples: Voting Agreement (McLeodUSA INC), Voting Agreement (Eschelon Telecom Inc), Transfer Restriction Agreement (Routhier Ed)

Equitable Relief. Each of the parties Party hereto recognizes and acknowledges that any a breach by such the other party of his, her, or its obligations under this Agreement would will cause substantial and irreparable damage to one the non-breaching party which cannot be readily remedied in monetary damages in an action at law. In the event of any default or more of breach by either party, the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each non-breaching party agrees that the other parties or any of them will shall be entitled to an injunction, specific performance, and/or other equitable seek immediate injunctive relief to prevent the breach of such obligationsirreparable harm or loss, in addition to any other remedies available at law and in equity.

Appears in 9 contracts

Samples: Property Acquisition Agreement (Inland Western Retail Real Estate Trust Inc), Property Acquisition Agreement (Inland American Real Estate Trust, Inc.), Property Acquisition Agreement (Inland Diversified Real Estate Trust, Inc.)

Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, or its his obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, performance and/or other equitable relief to prevent the breach of such obligations.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Wireless Frontier Internet Inc), Securities Purchase Agreement (Smartserv Online Inc), Securities Purchase Agreement (Smartserv Online Inc)

Equitable Relief. Each of the parties acknowledges that any breach by such party Party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party Party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 7 contracts

Samples: Shareholders Agreement (Matthews Terence H), Shareholders Agreement (Francisco Partners GP II Management, LLC), Shareholders Agreement (Mitel Networks Corp)

Equitable Relief. Each of the parties acknowledges party recognises that any breach by such party or threatened breach of his, her, or its obligations under this Agreement would may cause substantial and irreparable damage to one or more of the other parties and that money party irreparable harm for which damages would may not be an inadequate remedy thereforadequate remedy. Accordingly, in addition to any other remedies and damages available to the other party, each party acknowledges and agrees that the other parties or any of them will be party is entitled to an injunction, the remedies of specific performance, and/or injunction and other equitable relief to prevent the breach without proof of such obligationsspecial damages.

Appears in 6 contracts

Samples: Master Services Agreement, Customer Agreement, Services Agreement

Equitable Relief. Each Notwithstanding anything to the contrary, each of the parties Parties hereby acknowledges that any a breach by such party of his, her, or its their respective obligations under this Agreement would may cause substantial irreparable harm and irreparable damage to one that the remedy or more remedies at law for any such breach may be inadequate. Each of the Parties hereby agrees that, in the event of any such breach, in addition to all other parties and that money damages would be an inadequate remedy therefor. Accordinglyavailable remedies hereunder, each party agrees that the other parties or any of them will be entitled non-breaching Party shall have the right to an injunction, specific performance, and/or other seek equitable relief to prevent enforce the breach provisions of such obligationsthis Agreement.

Appears in 6 contracts

Samples: Option and License Agreement (Aveo Pharmaceuticals, Inc.), Option and License Agreement, Collaboration Agreement (Mascoma Corp)

Equitable Relief. Each of the parties party to this Agreement acknowledges and agrees that any (a) a breach or threatened breach by such party of his, her, or any of its obligations under this Agreement would cause substantial and give rise to irreparable damage harm to one or more of the other parties and that money party for which monetary damages would not be an inadequate adequate remedy therefor. Accordingly, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.and

Appears in 6 contracts

Samples: Master Service Agreement, Master Service Agreement, Master Service Agreement

Equitable Relief. Each of the parties hereby acknowledges that any breach by such party it of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties parties, and that money damages would be an inadequate remedy therefor. Accordingly, each party and accordingly, acknowledges and agrees that each of the other parties or any of them will shall be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligationsobligations (in addition to all other rights and remedies to which such party may be entitled in respect of any such breach).

Appears in 6 contracts

Samples: Stockholder Agreement (Impac Group Inc /De/), Stockholder Agreement (Impac Group Inc /De/), Stock Purchase Agreement (Impac Group Inc /De/)

Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that any other party’s breach of any provision of this Agreement will cause immediate and irreparable harm to the other party for which money damages are not an adequate remedy at law. Therefore, the parties agree that, in the event either party breaches or any of them will threatens to breach this Agreement, the other party shall be entitled to an injunctioninjunction to restrain said breach or threatened breach, specific performance, and/or without posting any bond or other equitable relief to prevent the breach of such obligationssecurity.

Appears in 5 contracts

Samples: Data Use Agreement, Data Use Agreement, Data Use Agreement

Equitable Relief. Each of the parties Parties hereby acknowledges that any a breach by such party of his, her, or its their respective obligations under this Agreement would may cause substantial irreparable harm and irreparable damage to one that the remedy or more remedies at law for any such breach may be inadequate. Each of the Parties hereby agrees that, in the event of any such breach, in addition to all other parties and that money damages would be an inadequate remedy therefor. Accordinglyavailable remedies hereunder, each party agrees that the other parties or any of them will be entitled non-breaching Party shall have the right to an injunction, specific performance, and/or other seek equitable relief to prevent enforce the breach provisions of such obligationsthis Agreement.

Appears in 5 contracts

Samples: Guanfacine License Agreement (Supernus Pharmaceuticals, Inc.), Guanfacine License Agreement, Guanfacine License Agreement

Equitable Relief. Each party acknowledges that the breach by it of any of the parties acknowledges that any breach by such party provisions of his, her, or its obligations under this Agreement would is likely to cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy thereforparties. AccordinglyTherefore, each the relief to which a party agrees that the other parties or any of them will shall be entitled to an injunctionin the event of any such breach or threatened breach shall include, but not be limited to, a mandatory injunction for specific performance, and/or injunctive or other equitable judicial relief to prevent a violation of any of the breach provisions of such obligationsthis Agreement, damages and any other relief to which it may be entitled at law or in equity.

Appears in 4 contracts

Samples: Credit Agreement (Navistar International Corp), Intercreditor Agreement (Navistar International Corp), Credit Agreement (Navistar Financial Corp)

Equitable Relief. Each of the parties Parties acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties Parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties Parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 4 contracts

Samples: Registration Rights Agreement (Matthews Terence H), Registration Rights Agreement (Francisco Partners GP II Management, LLC), Registration Rights Agreement (Mitel Networks Corp)

Equitable Relief. Each of the parties party agrees and acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money party irreparable harm for which monetary damages would be an inadequate remedy thereforinadequate. Accordingly, each either party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or seek injunctive or other equitable relief to prevent the remedy any threatened or actual breach of such obligationsthis Agreement by the other party, as well as monetary damages.

Appears in 3 contracts

Samples: Investment Sub Advisory Agreement (Laudus Trust), Investment Sub Advisory Agreement (Laudus Trust), Investment Sub Advisory Agreement (Laudus Trust)

Equitable Relief. Each The parties hereto each acknowledge and agree that the other would be irreparably damaged in the event any of the parties acknowledges that any breach by such party provisions of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one were not performed by it in accordance with the specific terms or more of the other parties were otherwise breached and that money monetary damages would will be an inadequate remedy thereforof such non-performance or breach. Accordingly, each party agrees in addition to any other remedy that the other parties or any of them will damaged party may have, the damaged party shall be entitled to an injunction, enforce the specific performance, and/or other equitable performance of the provisions of this Agreement and to seek both permanent and temporary relief to prevent in the event of any non-performance of breach of such obligationshereof.

Appears in 3 contracts

Samples: Call Agreement (Nationsrent Companies Inc), Put and Call Agreement (Jarden Corp), Put and Call Agreement (Jarden Corp)

Equitable Relief. Each of the parties acknowledges that any breach by such party Party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party Party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations. THE REST OF THIS PAGE IS INTENTIONALLY LEFT BLANK.

Appears in 3 contracts

Samples: Shareholder Agreement (EdgeStone Capital Equity Fund II - US GP, L.P.), Shareholder Agreement (Power Technology Investment CORP), Shareholder Agreement (EdgeStone Capital Equity Fund II - US GP, L.P.)

Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties or any of them will shall be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 3 contracts

Samples: Stockholders Agreement (Heritage Property Investment Trust Inc), Stockholders Agreement (Heritage Property Investment Trust Inc), Stockholders Agreement (Art Technology Group Inc)

Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties party and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties or any of them party will be entitled to an injunction, specific performance, performance and/or other equitable relief to prevent the breach of such obligations.

Appears in 2 contracts

Samples: Common Stock Put Agreement (Capstone Financial Group, Inc.), Common Stock Put Agreement (Twinlab Consolidated Holdings, Inc.)

Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 2 contracts

Samples: Share and Interest Purchase Agreement (West Pharmaceutical Services Inc), Preferred Stock Purchase Agreement (I2 Technologies Inc)

Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, her or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, performance and/or other equitable relief to prevent the breach of such obligations.

Appears in 2 contracts

Samples: Stockholders Agreement, Stockholders Agreement (Neuronetics, Inc.)

Equitable Relief. Each of the parties acknowledges that any breach by such party Party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party Party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations. The rest of this page is intentionally left blank.

Appears in 2 contracts

Samples: Shareholder Agreement, Shareholder Agreement (Zarlink Semiconductor Inc)

Equitable Relief. Each of the parties hereby acknowledges that any breach by such party of his, her, his or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties parties, and that money damages would be an inadequate remedy therefor. Accordingly, each party and accordingly, acknowledges and agrees that the each other parties or any of them party will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 2 contracts

Samples: Voting Agreement (Newsedge Corp), Voting Agreement (McLagan Donald L)

Equitable Relief. Each of the parties hereby acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties parties, and that money damages would be an inadequate remedy therefor. Accordingly, each party and accordingly, acknowledges and agrees that the each other parties or any of them party will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 2 contracts

Samples: Merger Agreement (McLagan Donald L), Merger Agreement (Newsedge Corp)

Equitable Relief. Each of the parties Party acknowledges that (a) money damages may be an insufficient remedy for any actual or threatened breach of this Agreement by such party of hisParty, her, or its obligations under this Agreement would (b) any such breach may cause substantial and irreparable damage to one or more of the other parties Parties irreparable harm, and that money damages would be an inadequate remedy therefor. Accordingly(c) in addition to any other remedies available at Law or in equity, each party agrees that the other parties or any of them Parties will be entitled to an seek equitable relief by way of injunction, specific performance, and/or or otherwise, without posting any bond or other equitable relief to prevent the undertaking, for any actual or threatened breach of this Agreement by such obligationsParty.

Appears in 1 contract

Samples: Merger Agreement (Live Oak Acquisition Corp)

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Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, or its obligations under this Agreement or any of the other Transaction Documents would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 1 contract

Samples: Securities Purchase Agreement (PRT Group Inc)

Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, her or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Neuronetics, Inc.)

Equitable Relief. Each The parties agree that (i) if any party breaches this Agreement, the damage may be substantial, although difficult to ascertain, and money damages may not afford an adequate remedy, and (ii) if any party is in breach of the parties acknowledges that any breach by such party of his, herthis Agreement, or its obligations under threatens a breach of this Agreement would cause substantial and irreparable damage to one or more Agreement, each of the other parties shall be entitled, in addition to all other rights and that money damages would remedies as may be an inadequate remedy therefor. Accordinglyprovided by law, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or injunctive and other equitable relief to prevent the or restrain a breach of such obligationsthis Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bank of Florida Corp)

Equitable Relief. Each The Parties agree that (i) if any Party breaches this Agreement, the damage may be substantial, although difficult to ascertain, and money damages may not afford an adequate remedy, and (ii) if any Party is in breach of the parties acknowledges that any breach by such party of his, herthis Agreement, or its obligations under threatens a breach of this Agreement would cause substantial and irreparable damage to one or more Agreement, each of the other parties Parties shall be entitled, in addition to all other rights and that money damages would remedies as may be an inadequate remedy therefor. Accordinglyprovided by law, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or injunctive and other equitable relief to prevent the or restrain a breach of such obligationsthis Agreement.

Appears in 1 contract

Samples: Credit Agreement (Stock Building Supply Holdings, Inc.)

Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefortherefore. Accordingly, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 1 contract

Samples: Exchange Agreement (Stonepath Group Inc)

Equitable Relief. Each of the parties hereby acknowledges that any breach by such party it of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties party, and that money damages would be an inadequate remedy therefor. Accordingly, each party and accordingly, acknowledges and agrees that the other parties or any of them party will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 1 contract

Samples: Technology License Agreement (Lecroy Corp)

Equitable Relief. Each of the parties party agrees and acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money party irreparable harm for which monetary damages would be an inadequate remedy thereforinadequate. Accordingly, each either party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or seek injunctive or other equitable relief to prevent the remedy any threatened or actual breach of such obligationsthis Agreement by the other party without proof of actual injury, as well as monetary damages.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Schwab Capital Trust)

Equitable Relief. Each party acknowledges that, in the event of a threatened or actual breach of any of the parties acknowledges that any breach by such party provisions of histhis Agreement, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would alone will be an inadequate remedy thereforremedy, and such breach will cause the other party or parties great, immediate and irreparable injury and damage. Accordingly, each party agrees that the other parties or any of them will shall be entitled to an injunction, specific performance, and/or injunctive and other equitable relief (without the requirement to prevent the breach of post bond), and that such obligationsrelief shall be in addition to, and not in lieu of, any remedies they may have at law or under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wilshire Financial Services Group Inc)

Equitable Relief. Each of the parties hereby acknowledges that any breach by such party it of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties parties, and that money damages would be an inadequate remedy therefor. Accordingly, each party and accordingly, acknowledges and agrees that the each other parties or any of them party will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 1 contract

Samples: Merger Agreement (Cubist Pharmaceuticals Inc)

Equitable Relief. Each of the parties acknowledges that any ----------------- breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Theglobe Com Inc)

Equitable Relief. Each of the parties Parties acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties Party and that money damages would be an inadequate remedy therefor. Accordingly, each party Party agrees that the other parties or any of them will Party shall be entitled to seek an injunction, specific performance, and/or other equitable relief to prevent the breach of such obligations.

Appears in 1 contract

Samples: Class a Convertible Preferred Share Subscription Agreement (Mitel Networks Corp)

Equitable Relief. Each of the parties Party acknowledges that any a breach by such party it of his, her, or its obligations under any provision contained in this Agreement would will cause substantial and irreparable damage to one or more of the other parties Party to sustain damage for which they would not have an adequate remedy at law for money damages, and therefore the Parties agree that money damages would be an inadequate remedy therefor. Accordinglyin the event of any such breach, each party agrees that the other parties or any of them will aggrieved Party shall be entitled to an injunction, the remedy of specific performance, and/or performance of the Agreement and injunctive and other equitable relief in addition to prevent the breach of such obligationsany other remedy to which it may be entitled, at law or in equity. 9.

Appears in 1 contract

Samples: Separation Agreement (Goamerica Inc)

Equitable Relief. Each of the parties acknowledges Party agrees that any breach by such party or threatened breach of histhe terms and conditions of this Agreement may cause irreparable harm, herthat may be difficult to ascertain and that monetary damages may not afford an adequate remedy. Accordingly, or its obligations in addition to all other rights and remedies that may be available to the non-breaching Party under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordinglyby Law, each party agrees that the other parties or any of them will such Party shall be entitled to an injunction, seek specific performance, and/or an order restraining any breach, injunctive relief and any other equitable relief to prevent the breach in any court of such obligationscompetent jurisdiction.

Appears in 1 contract

Samples: Exclusive License and Assignment Agreement (Weed, Inc.)

Equitable Relief. Each of the parties acknowledges party agrees that any a breach or threatened breach by such party of his, her, or any of its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money party irreparable harm for which monetary damages would not be an inadequate adequate remedy therefor. Accordinglyand agrees that, each party agrees that in the other parties or any of them will be entitled to an injunction, specific performance, and/or other equitable relief to prevent the breach event of such obligations.breach or threatened breach, the

Appears in 1 contract

Samples: Subscription Agreement

Equitable Relief. Each of the parties acknowledges that any a breach by such party it of his, her, or its obligations under any provision contained in this Agreement would will cause substantial and irreparable damage to one or more of the other parties to sustain damage for which they would not have an adequate remedy at law for money damages, and that money damages would be an inadequate remedy therefor. Accordingly, therefore each party of the parties agrees that in the other parties or event of any of them will such breach, the aggrieved party shall be entitled to an injunction, the remedy of specific performance, and/or performance of such agreement and injunctive and other equitable relief in addition to prevent the breach of such obligationsany other remedy to which it may be entitled, at law or in equity.

Appears in 1 contract

Samples: Preferred Stock Repurchase Agreement (Us Lec Corp)

Equitable Relief. Each of the parties acknowledges that any breach by such party of his, her, or its obligations under this Agreement would cause substantial and irreparable damage to one or more of the other parties and that money damages would be an inadequate remedy therefor. Accordingly, each party agrees that the other parties or any of them will be entitled to an injunction, specific performance, performance and/or other equitable relief to prevent the breach of such obligations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Smartserv Online Inc)

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