Common use of Restraining Order; Specific Performance; Other Remedies Clause in Contracts

Restraining Order; Specific Performance; Other Remedies. (a) In the event that any Member shall attempt to Transfer all or any portion of any interest in the Company, the Company Subsidiary, the Property or all or any portion of its Membership Interest, or any Person shall attempt to Transfer all or any portion of its interest in Cxxx (except as otherwise permitted pursuant to Section 10.1(b)), in violation of the provisions of this Agreement and any rights hereby granted, then any other Member, in addition to all rights and remedies hereunder, at law and/or in equity, shall be entitled to a decree or order restraining and enjoining such Transfer and the offending party shall not plead in defense thereto that there would be an adequate remedy at law; it being hereby expressly acknowledged and agreed that damages at law shall be an inadequate remedy for a breach or threatened breach or violation of the provisions concerning Transfers set forth in this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Columbia Equity Trust, Inc.)

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Restraining Order; Specific Performance; Other Remedies. (a) In the event that any Member shall attempt to Transfer all or any portion of any interest in the Company, the Company Subsidiary, the Property or all or any portion of its Membership Interest, or any Person shall attempt to Transfer all or any portion of its interest in Cxxx (except as otherwise permitted pursuant to Section 10.1(b)), in violation of the provisions of this Agreement and any rights hereby granted, then any other Member, in addition to all rights and remedies hereunder, at law and/or in equity, shall be entitled to a decree or order restraining and enjoining such Transfer and the offending party shall not plead in defense thereto that there would be an adequate remedy at law; it being hereby expressly acknowledged and agreed that damages at law shall be an inadequate remedy for a breach or threatened breach or violation of the provisions concerning Transfers set forth in this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Columbia Equity Trust, Inc.)

Restraining Order; Specific Performance; Other Remedies. (a) In the event that any Member shall attempt to Transfer all or any portion of any interest in the Company, the Company Subsidiary, the Property or all or any portion of its Membership Interest, or any Person shall attempt to Transfer all or any portion of its interest in Cxxx CE (except as otherwise permitted pursuant to Section 10.1(b)10.1), in violation of the provisions of this Agreement and any rights hereby granted, then any other Member, in addition to all rights and remedies hereunder, at law and/or in equity, shall be entitled to a decree or order restraining and enjoining such Transfer and the offending party shall not plead in defense thereto that there would be an adequate remedy at law; it being hereby expressly acknowledged and agreed that damages at law shall be an inadequate remedy for a breach or threatened breach or violation of the provisions concerning Transfers set forth in this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Columbia Equity Trust, Inc.)

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Restraining Order; Specific Performance; Other Remedies. (a) In the event that any Member shall attempt to Transfer all or any portion of any interest in the Company, the Company Subsidiary, the Property or all or any portion of its Membership Interest, or any Person shall attempt to Transfer all or any portion of its interest in Cxxx Columbia (except as otherwise permitted pursuant to Section 10.1(b)), in violation of the provisions of this Agreement and any rights hereby granted, then any other Member, in addition to all rights and remedies hereunder, at law and/or in equity, shall be entitled to a decree or order restraining and enjoining such Transfer and the offending party shall not plead in defense thereto that there would be an adequate remedy at law; it being hereby expressly acknowledged and agreed that damages at law shall be an inadequate remedy for a breach or threatened breach or violation of the provisions concerning Transfers set forth in this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Columbia Equity Trust, Inc.)

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