Common use of Irreparable Harm Clause in Contracts

Irreparable Harm. Each Party acknowledges and agrees that the other Party will be irreparably harmed in the event that such Party breaches Article V and that monetary damages alone cannot fully compensate the non-breaching Party for such harm. Accordingly, each Party hereby agrees that the non-breaching Party shall be entitled to injunctive relief to prevent or stop breaches of such provisions of this Agreement and to enforce specifically this Agreement and the terms and provisions hereof, without the requirement of posting any bond.

Appears in 13 contracts

Samples: Services Agreement, Services Agreement, Services Agreement (World Monitor Trust III - Series J)

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Irreparable Harm. Each Party party hereto acknowledges and agrees that the other Party party will be irreparably harmed in the event that such Party party breaches Article V Sections 8, 9 or 15 and that monetary damages alone cannot fully compensate the non-breaching Party party for such harm. Accordingly, each Party party hereto hereby agrees that the non-breaching Party party shall be entitled to injunctive relief to prevent or stop breaches of such provisions of this Agreement and to enforce specifically this Agreement and the terms and provisions hereof, without the requirement of posting any bond.

Appears in 2 contracts

Samples: Administrative Services Agreement (KMP Futures Fund I LLC), Administrative Services Agreement (World Monitor Trust III - Series J)

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Irreparable Harm. Each Party acknowledges and agrees that the other Party will be irreparably harmed in the event that such Party it breaches Article V and that monetary damages alone cannot fully compensate the non-breaching other Party for such harm. Accordingly, each Party hereby agrees that the non-breaching other Party shall be entitled to injunctive relief to prevent or stop breaches of such provisions of this Agreement and to enforce specifically this Agreement and the terms and provisions hereof, without the requirement of posting any bond.

Appears in 2 contracts

Samples: Services Agreement (AlphaMetrix Managed Futures III LLC (AlphaMetrix WC Diversified Series)), Services Agreement (AlphaMetrix Managed Futures III LLC (AlphaMetrix WC Diversified Series))

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