Common use of Remedies of the Essence Clause in Contracts

Remedies of the Essence. The various rights and ----------------------- remedies of the Bank under the Borrower Loan Documents are of the essence of those agreements, and the Bank shall be entitled to obtain a decree requiring specific performance of each such right and remedy.

Appears in 2 contracts

Samples: Credit Agreement (Tsi International Software LTD), Credit Agreement (Tsi International Software LTD)

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Remedies of the Essence. The various rights and ----------------------- remedies of the Bank under the Borrower Loan Documents are of the essence of those agreements, and the Bank shall be entitled to obtain a decree requiring specific performance of each such right and remedy.

Appears in 2 contracts

Samples: Credit Agreement (Ocular Sciences Inc /De/), Credit Agreement (Cymer Inc)

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

Appears in 1 contract

Samples: Guaranteed Credit Agreement (Zd Inc)

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