Equitable Remedies and Remedies at Law. The parties recognize that, because of the nature of the subject matter of this Agreement, it would be impracticable and extremely difficult to determine actual damages to the Purchaser or NewSTL or in the event of a breach of this Agreement by Selling Shareholder. Accordingly, if Selling Shareholder commits a breach, or threatens to commit a breach of any of the provisions of this Agreement, the Purchaser or NewSTL shall be entitled to all available legal and equitable remedies, including without limitation, injunctive relief, both preliminary and permanent, and none of such parties shall be required to post a surety bond in connection therewith and each of such parties will also be entitled to money damages for any loss suffered or to be suffered as a consequence of Selling Shareholder's breach of this Agreement.
Appears in 2 contracts
Samples: Acquisition Agreement (Paravant Computer Systems Inc /Fl/), Non Competition Agreement (Paravant Inc)
Equitable Remedies and Remedies at Law. The parties recognize that, because of the nature of the subject matter of this Agreement, it would be impracticable and extremely difficult to determine actual damages to the Purchaser or NewSTL or in the event of a breach of this Agreement by Selling Shareholder. Accordingly, if Selling Shareholder commits a breach, or threatens to commit a breach of any of the provisions of this Agreement, the Purchaser or NewSTL shall be entitled to all available legal and equitable remedies, including without limitation, injunctive relief, both preliminary and permanent, and none of such parties shall be required to post a surety 121 bond in connection therewith and each of such parties will also be entitled to money damages for any loss suffered or to be suffered as a consequence of Selling Shareholder's breach of this Agreement.
Appears in 1 contract
Samples: Acquisition Agreement (Paravant Computer Systems Inc /Fl/)
Equitable Remedies and Remedies at Law. The parties recognize that, because of the nature of the subject matter of this Agreement, it would be impracticable and extremely difficult to determine actual damages to the Purchaser or NewSTL or in the event of a breach of this Agreement by Selling Shareholder. Accordingly, if Selling Shareholder commits a breach, or threatens to commit a breach of any of the provisions of this Agreement, the Purchaser or NewSTL shall be entitled to all available legal and equitable remedies, including without limitation, injunctive relief, both preliminary and permanent, and none of such parties shall be required to post a surety bond in connection therewith and each of such parties will also be entitled to money damages for any loss suffered or to be suffered as a consequence of Selling Shareholder's breach of this Agreement.. 127
Appears in 1 contract
Samples: Acquisition Agreement (Paravant Computer Systems Inc /Fl/)
Equitable Remedies and Remedies at Law. The parties recognize that, because of the nature of the subject matter of this Agreement, it would be impracticable and extremely difficult to determine actual damages to the Purchaser or NewSTL or in the event of a breach of this Agreement by Selling Shareholder. Accordingly, if Selling Shareholder commits a breach, or threatens to commit a breach of any of the provisions of this Agreement, the Purchaser or NewSTL shall be entitled to all available legal and equitable remedies, including without limitation, injunctive relief, both preliminary and permanent, and none of such parties shall be required to post a surety bond in connection therewith and each of such parties will also be entitled to money damages for any loss suffered or to be suffered as a consequence of Selling Shareholder's breach of this Agreement.. 133
Appears in 1 contract
Samples: Acquisition Agreement (Paravant Computer Systems Inc /Fl/)