Common use of Remedies for Failure to Perform Clause in Contracts

Remedies for Failure to Perform. If a party to this Agreement defaults or fails to complete his/her obligations under this Agreement, then the offended party may, at his/her option, seek damages, or obtain specific performance of the Agreement from a court of competent jurisdiction.

Appears in 2 contracts

Samples: Buy Sell Agreement, Corporation Insured Purchase Agreement

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Remedies for Failure to Perform. If a party to this the Agreement defaults or fails to complete his/her obligations obligation under this Agreement, then the such offended party may, at his/her option, seek damages, or obtain specific performance of the Agreement from a court of competent jurisdiction.

Appears in 1 contract

Samples: Purchase Agreement

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Remedies for Failure to Perform. If a any party to this Agreement defaults or fails to complete his/her obligations under this Agreementcontract, then the offended party may, at his/her option, seek damages, damages for the default or breach or obtain specific performance of the Agreement from a court of competent jurisdiction. If any action is brought to enforce this contract or any provision of it, the prevailing party, whether plaintiff or defendant, shall be entitled to an allowance for reasonable attorney fees plus costs of suit.

Appears in 1 contract

Samples: Buy Sell Agreement

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