Injunctive Remedies. Notwithstanding Section 10.01 above, the Parties acknowledge and agree that, in the event of a breach or a threatened breach by any Party of Section 11.01 or Section 11.06 hereof, another Party may suffer irreparable damage for which it will have no adequate remedy at law and, accordingly, will be entitled immediately to seek injunctive and other equitable remedies to prevent or restrain such breach or threatened breach, without having first complied with the provisions of Section 10.01, and without the necessity of posting any bond or surety, in addition to any other remedy it might have at law or at equity.
Appears in 2 contracts
Samples: Equity Agreement, Equity Agreement (Synlogic, Inc.)
Injunctive Remedies. Notwithstanding Section 10.01 above, the Parties parties acknowledge and agree that, in the event of a breach or a threatened breach by any Party either party of Section 11.01 or Section 11.06 hereof, another Party the other party may suffer irreparable damage for which it will have no adequate remedy at law and, accordingly, will be entitled immediately to seek injunctive and other equitable remedies to prevent or restrain such breach or threatened breach, without having first complied with the provisions of Section 10.01, and without the necessity of posting any bond or surety, in addition to any other remedy it might have at law or at equity.
Appears in 2 contracts
Samples: License Agreement, License Agreement
Injunctive Remedies. Notwithstanding the mediation provisions of Section 10.01 above, the Parties parties acknowledge and agree that, in the event of a breach or a threatened breach by any Party either party of Section 11.01 or Section 11.06 hereof, another Party the other party may suffer irreparable damage for which it will have no adequate remedy at law and, accordingly, will shall be entitled immediately to seek injunctive and other equitable remedies to prevent or restrain such breach or threatened breach, without having first complied with the provisions of Section 10.01, and without the necessity of posting any bond or surety, in addition to any other remedy it might have at law or at equity.
Appears in 2 contracts
Samples: License Agreement (Sunesis Pharmaceuticals Inc), License Agreement (Sequenom Inc)