Common use of Remedy for Breach of Covenants Clause in Contracts

Remedy for Breach of Covenants. In the event of a breach of the provisions of SECTION 4.2, Buyer shall be entitled to injunctive relief as well as any other applicable remedies at law or in equity. Should a court of competent jurisdiction declare any of the covenants set forth in SECTION 4.2 unenforceable due to a unreasonable restriction, duration, geographical area or otherwise, the parties agree that such court shall be empowered and shall grant Buyer or its affiliates injunctive relief to the extent reasonably necessary to protect their respective interests. Seller and the Shareholders acknowledge that the covenants set forth in SECTION 4.2 represent an important element of the value of the Acquired Assets and were a material inducement for Buyer to enter into this Agreement.

Remedy for Breach of Covenants. In the event of a breach of the provisions of SECTION 4.26.5, Buyer and the Company shall be entitled to injunctive relief as well as any other applicable remedies at law or in equity. Should a court of competent jurisdiction declare any of the covenants set forth in SECTION 4.2 6.5 unenforceable due to a unreasonable restriction, duration, geographical area or otherwise, the parties agree that such court shall be empowered and shall grant Buyer or its Buyer, the Company and their affiliates injunctive relief to the extent reasonably necessary to protect their respective interests. Seller and the Shareholders The Selling Parties each acknowledge that the covenants set forth in SECTION 4.2 6.5 represent an important element of the value of the Acquired Assets Company Shares and were a material inducement for Buyer to enter into this Agreement.

Remedy for Breach of Covenants. In the event of a breach of the provisions of SECTION 4.25.2, Buyer shall be entitled to injunctive relief as well as any other applicable remedies at law or in equity. Should a court of competent jurisdiction declare any of the covenants set forth in SECTION 4.2 5.2 unenforceable due to a unreasonable restriction, duration, geographical area or otherwise, the parties agree that such court shall be empowered and shall grant Buyer or its affiliates injunctive relief to the extent reasonably necessary to protect their respective interests. Seller Seller, Parent and the Shareholders OPL each acknowledge that the covenants set forth in SECTION 4.2 5.2 represent an important element of the value of the Acquired Assets and were a material inducement for Buyer to enter into this Agreement.