Common use of Remedies and Limitation of Liability Clause in Contracts

Remedies and Limitation of Liability. a) The Company stipulates that the remedies at law of the Holder in the event of any default or threatened default by the Company in the performance of or compliance with any of the terms of this Warrant are not and will not be adequate, and that such terms may be specifically enforced by a decree for the specific performance of any agreement contained herein or by an injunction against a violation of any of the terms hereof or otherwise. b) No provision hereof, in the absence of affirmative action by the Holder to purchase Common Stock upon the exercise of this Warrant, and no enumeration of the rights or privileges of the Holder, shall give rise to any liability of any Holder of this Warrant for the Warrant Price or any other amounts.

Appears in 4 contracts

Samples: Stock Purchase Warrant (Taylor Capital Group Inc), Stock Purchase Warrant (Taylor Capital Group Inc), Stock Purchase Warrant (Taylor Capital Group Inc)

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Remedies and Limitation of Liability. (a) The Company stipulates that the remedies at law of the Holder in the event of any default or threatened default by the Company in the performance of or compliance with any of the terms of this Warrant are not and will not be adequate, and that such terms may be specifically enforced by a decree for the specific performance of any agreement contained herein or by an injunction against a violation of any of the terms hereof or otherwise. (b) No provision hereof, in the absence of affirmative action by the Holder to purchase Common Stock upon the exercise of this Warrant, and no enumeration of the rights or privileges of the Holder, Holder shall give rise to any liability of any a Holder of this Warrant for the Warrant Price or any other amounts.

Appears in 2 contracts

Samples: Warrant Agreement (Casablanca Mining Ltd.), Securities Purchase Agreement (Taylor Capital Group Inc)

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Remedies and Limitation of Liability. a) The Company stipulates that the remedies at law of the Holder in the event of any default or threatened default by the Company in the performance of or compliance with any of the terms of this Warrant are not and will not be adequate, and that such terms may be specifically enforced by a decree for the specific performance of any agreement contained herein or by an injunction against a violation of any of the terms hereof or otherwise. b) No provision hereof, in the absence of affirmative action by the Holder to purchase Common Stock upon the exercise of this Warrant, and no enumeration of the rights or privileges of the Holder, shall give rise to any liability of any a Holder of this Warrant for the Warrant Price or any other amounts.

Appears in 1 contract

Samples: Subscription Agreement (Taylor Capital Group Inc)

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