Common use of Remedies for Breach of Obligation of Confidentiality Clause in Contracts

Remedies for Breach of Obligation of Confidentiality. The Receiving Party acknowledges that breach of its obligation of confidentiality may cause irreparable harm to the Disclosing Party for which the Disclosing Party may not be fully or adequately compensated by recovery of monetary damages. Accordingly, in the event of any violation, or threatened violation, by the Receiving Party of its obligations under this Section, the Disclosing Party shall be entitled to seek injunctive relief from a court of competent jurisdiction in addition to any other remedy that may be available at law or in equity, without the necessity of posting bond or proving actual damages.

Remedies for Breach of Obligation of Confidentiality. The Receiving Party acknowledges that any breach of its obligation the obligations of confidentiality described in this Section 4 may cause irreparable harm to the Disclosing Party for which the Disclosing Party may not be fully or adequately compensated by recovery of monetary damages. Accordingly, in the event of any violation, or threatened violation, by the Receiving Party of its obligations under this SectionSection 4, the Disclosing Party shall be entitled to seek injunctive relief from a court of competent jurisdiction in addition to any other remedy that may be available at law or in equity, without the necessity of posting bond or proving actual damages.

Remedies for Breach of Obligation of Confidentiality. The Receiving Party acknowledges that the breach of its obligation obligations of confidentiality and non-use set forth in this Section 4 may cause irreparable harm to the Disclosing Party for which the Disclosing Party may not be fully or adequately compensated by the recovery of monetary damages. Accordingly, in the event of any violationbreach, or threatened violationbreach, by the Receiving Party of its obligations under this SectionSection 4, the Disclosing Party shall be entitled to seek injunctive relief from a court of competent jurisdiction in addition to any other remedy that may be available at law or in equity, without the necessity of posting bond or proving actual damages.