Common use of Injunctive Relief; Specific Performance Clause in Contracts

Injunctive Relief; Specific Performance. Each Party acknowledges and agrees that the other Party would be irreparably harmed by any breach by such Party of, or any failure by such Party to observe, perform, or comply with, the terms, conditions and other provisions of this Agreement, and there would be no adequate remedy at law or in damages to compensate the other Party for any such breach or failure. Accordingly, each Party will have the right (in addition to any other rights and remedies that such Party may have) to obtain from any court of competent jurisdiction injunctive relief to restrain any actual or threatened breach of, or failure to observe, perform or comply with, the terms, conditions or other provisions of this Agreement or otherwise specifically to enforce performance of the obligations of the other Party under the terms, conditions or other provisions of this Agreement.

Appears in 4 contracts

Samples: Membership Interest Purchase Agreement (Arrived Homes, LLC), Membership Interest Purchase Agreement (Arrived Homes, LLC), Membership Interest Purchase Agreement (Arrived Homes, LLC)

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