Common use of Remedies of the Essence Clause in Contracts

Remedies of the Essence. The various rights and remedies of the Agent, the Issuing Bank and the Banks under the Loan Documents are of the essence of those agreements, and the Agent, the Issuing Bank and the Banks shall be entitled, to the extent permitted by Applicable Law, to obtain a decree requiring specific performance of each such right and remedy.

Remedies of the Essence. The various rights and remedies of the Agent, the Issuing Bank Collateral Agent, the Co-Agents and the Banks under the Loan Documents are of the essence of those agreements, and the Agent, the Issuing Bank Collateral Agent, the Co-Agents and the Banks shall be entitled, to the extent permitted by Applicable Law, entitled to obtain a decree requiring specific performance of each such right and remedy.

Remedies of the Essence. The various rights and remedies of the Agent, the Issuing Bank Banks and the Issuing Banks under the Loan Documents are of the essence of those agreements, and the Agent, the Issuing Bank Banks and the Issuing Banks shall be entitled, to the extent permitted by Applicable Law, entitled to obtain a decree requiring specific performance of each such right and remedy.

Remedies of the Essence. The various rights and remedies of the Agent, the Issuing Bank Agent and the Banks under the Loan Documents are of the essence of those agreements, and the Agent, the Issuing Bank Agent and the Banks shall be entitled, to the extent permitted by Applicable Law, entitled to obtain a decree requiring specific performance of each such right and remedy.