Common use of Extent of Restrictions Clause in Contracts

Extent of Restrictions. You acknowledge that the restrictions contained in this Section 22 correctly set forth the understanding of the parties at the time this Agreement is entered into, are reasonable and necessary to protect the legitimate interests of the Company, and that any violation will cause substantial injury to the Company. In the event of any such violation, the Company shall be entitled, in addition to any other remedy, to preliminary or permanent injunctive relief. You waive, to the maximum extent permissible by law, any defenses or other objections to such remedies or the enforceability of this Section 22. To the maximum extent permissible by law, if any court having jurisdiction shall find that any part of the restrictions set forth this Section 22 are unreasonable in any respect, it is the intent of the parties that the restrictions set forth herein shall not be terminated, but that the restrictions set forth in this Section 22 shall remain in full force and effect to the extent (as to time periods and other relevant factors) that the court shall find reasonable.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (HF Sinclair Corp), Restricted Stock Unit Agreement (HollyFrontier Corp), Performance Share Unit Agreement (HollyFrontier Corp)

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Extent of Restrictions. You acknowledge that the restrictions contained in this Section 22 20 correctly set forth the understanding of the parties at the time this Agreement is entered into, are reasonable and necessary to protect the legitimate interests of the Company, and that any violation will cause substantial injury to the Company. In the event of any such violation, the Company shall be entitled, in addition to any other remedy, to preliminary or permanent injunctive relief. You waive, to the maximum extent permissible by law, any defenses or other objections to such remedies or the enforceability of this Section 2220. To the maximum extent permissible by law, if any court having jurisdiction shall find that any part of the restrictions set forth this Section 22 20 are unreasonable in any respect, it is the intent of the parties that the restrictions set forth herein shall not be terminated, but that the restrictions set forth in this Section 22 20 shall remain in full force and effect to the extent (as to time periods and other relevant factors) that the court shall find reasonable.

Appears in 3 contracts

Samples: Performance Share Unit Agreement (HollyFrontier Corp), Performance Share Unit Agreement (HollyFrontier Corp), Performance Share Unit Agreement (HollyFrontier Corp)

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Extent of Restrictions. You acknowledge that the restrictions contained in this Section 22 21 correctly set forth the understanding of the parties at the time this Agreement is entered into, are reasonable and necessary to protect the legitimate interests of the Company, and that any violation will cause substantial injury to the Company. In the event of any such violation, the Company shall be entitled, in addition to any other remedy, to preliminary or permanent injunctive relief. You waive, to the maximum extent permissible by law, any defenses or other objections to such remedies or the enforceability of this Section 2221. To the maximum extent permissible by law, if any court having jurisdiction shall find that any part of the restrictions set forth this Section 22 21 are unreasonable in any respect, it is the intent of the parties that the restrictions set forth herein shall not be terminated, but that the restrictions set forth in this Section 22 21 shall remain in full force and effect to the extent (as to time periods and other relevant factors) that the court shall find reasonable.

Appears in 2 contracts

Samples: Performance Share Unit Agreement (HF Sinclair Corp), Performance Share Unit Agreement (HollyFrontier Corp)

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