Common use of Governing Law; Specific Performance Clause in Contracts

Governing Law; Specific Performance. (a) This Agreement shall be governed by and construed under the laws of the Province of British Columbia and the federal laws applicable therein. (b) Each of the Parties irrevocably and unconditionally (i) submits to the non-exclusive jurisdiction of the courts of the Province of British Columbia over any action or proceeding arising out of or relating to this Agreement, (ii) waives any objection that it might otherwise be entitled to assert to the jurisdiction of such courts and (iii) agrees not to assert that such courts are not a convenient forum for the determination of any such action or proceeding. (c) It is agreed and understood that monetary damages would not adequately compensate an injured Party for the breach of this Agreement by any Party, that this Agreement shall be specifically enforceable, and that any breach or threatened breach of this Agreement shall be the proper subject of a temporary or permanent injunction or restraining order, without bond. Further, each Party hereto waives any claim or defense that there is an adequate remedy at law for such breach or threatened breach.

Appears in 7 contracts

Samples: Shareholder Rights Agreement (District Metals Corp.), Purchase and Sale Agreement (District Metals Corp.), Purchase and Sale Agreement (District Metals Corp.)

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Governing Law; Specific Performance. (a) This Agreement shall be governed by and construed under the laws of the Province of British Columbia Ontario and the federal laws applicable therein. (b) Each of the Parties irrevocably and unconditionally (i) submits to the non-exclusive jurisdiction of the courts of the Province of British Columbia Ontario over any action or proceeding arising out of or relating to this Agreement, (ii) waives any objection that it might otherwise be entitled to assert to the jurisdiction ​ of such courts and (iii) agrees not to assert that such courts are not a convenient forum for the determination of any such action or proceeding. (c) It is agreed and understood that monetary damages would not adequately compensate an injured Party for the breach of this Agreement by any Party, that this Agreement shall be specifically enforceable, and that any breach or threatened breach of this Agreement shall be the proper subject of a temporary or permanent injunction or restraining order, without bond. Further, each Party hereto waives any claim or defense that there is an adequate remedy at law for such breach or threatened breach.

Appears in 1 contract

Samples: Investor Rights Agreement (Perpetua Resources Corp.)

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Governing Law; Specific Performance. (a) This Agreement shall be governed by and construed under in accordance with the laws Laws of the Province of British Columbia Ontario and the federal laws Laws applicable therein. (b) Each of the Parties irrevocably and unconditionally unconditionally: (i) submits to the non-exclusive jurisdiction of the courts of the Province of British Columbia Ontario over any action or proceeding arising out of or relating to this Agreement, (ii) waives any objection that it might otherwise be entitled to assert to the jurisdiction of such courts courts; and (iii) agrees not to assert that such courts are not a convenient forum for the determination of any such action or proceeding. (c) It is agreed and understood that monetary damages would not adequately compensate an injured Party for the breach of this Agreement by any Party, that this Agreement shall be specifically enforceable, and that any breach or threatened breach of this Agreement shall be the proper subject of a temporary or permanent injunction or restraining order, without bond. Further, each Party hereto waives any claim or defense that there is an adequate remedy at law Law for such breach or threatened breach.

Appears in 1 contract

Samples: Investor Rights Agreement (Bullfrog Gold Corp.)

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