Specific Execution. The obligations resulting from this Agreement are subject to specific execution, under the terms of Clause 14.12 above and article 118, §3º, of the Brazilian Corporate Law. The specific execution does not exclude, however, the responsibility of the defaulting party for the losses and damages caused to other parties, establishing that the eventual payment of losses and damages will not be considered as sufficient reparation of the default.
Specific Execution. The commitments and obligations assumed by each one of the PARTIES in the present COMMITMENT are subject to specific execution. To this purpose, the PARTIES recognize that this COMMITMENT, duly signed by two witnesses, constitutes an extrajudicial execution instrument for all purposes and effects, in accordance with article 784, III, of the Brazilian Code of Civil Procedure.
Specific Execution. Without prejudice to the other remedies of the Parties, all the provisions and obligations assumed in this Agreement are subject to specific execution, pursuant to the code of civil procedure, without prejudice to any losses and damages for the adequate satisfaction of the rights of the parties.
Specific Execution. 13.1 The provisions of this Agreement shall be subject to specific execution, according to the terms of Article 118, Paragraph 3 of the Corporations Law, and the Shareholders acknowledge that this instrument represents an extra-judicial title for all the purposes of Article 461, 462, 639 and following articles of the Brazilian Code of Civil Procedure, and that the mere payment of damages shall not be adequate compensation for possible breach of any of the provisions set forth herein.
Specific Execution. The specific execution of any obligation contained in this Agreement should be required by the creditor of such obligation according to articles 466 A, B and C and subsequent of the Brazilian Civil Procedural Code.
Specific Execution. 16.1 Any non-fulfillment by the Agreeing Parties, their heirs and successors, of any of the obligations stipulated in this Agreement, will result in the specific execution of the obligation to do so, declaring their willingness to do so through the procedure of self-regulation set out in paragraphs 8 and 9 of article 118 of Law 6,404, 1976, as well as the judicial execution set out in paragraph 3 of the same article 118 of Law 6,404, 1976, and in articles 639 and 641, of the Code of Civil Procedure.
Specific Execution. A breach or failure by the Parties to comply with any of the terms and conditions stipulated herein shall entitle the other harmed Party to demand in court fulfillment of the specific obligation, pursuant to Article 118 of Law No. 6,404 of December 15, 1976.
Specific Execution. CLAUSE 10 - Failure to comply with the obligations assumed under this Shareholders' Agreement shall subject the defaulting Party to appropriate judicial measures with a view to obtaining specific protection of the defaulted obligation. Once the specific guardianship is impossible and there are no measures to ensure the practical result equivalent to the fulfillment of the obligation not fulfilled, it is hereby agreed that the simple payment of damages shall not constitute adequate compensation. Paragraph 1 - Any of the Block Representatives shall have the right to request the president of the Company's general meeting to declare the invalidity of the vote cast against the express provision of this Shareholders' Agreement and to request to the board of executive officers the immediate cancellation of the registration of the transfer of shares issued by the Company which was made in disagreement with any of the restrictions imposed in this Shareholders' Agreement, regardless of any judicial or extrajudicial proceedings.
Specific Execution. The Parties agree that the allocation of losses and damages, even though owed and determined in accordance with the Law, shall not represent an adequate and sufficient compensation for the default of the obligations herein provided. After the acknowledgment of the default and right for specific execution through arbitration, any of the Parties may judicially claim the specific execution of the obligation not complied upon judicial order, pursuant to article 784, item III of the Code of Civil Procedure.
Specific Execution. The Parties to this Agreement understand and agree with all of the terms and conditions established herein and shall be subject to specific execution, as set forth in the Code of Civil Procedure and in article 118, paragraph 3, of law No. 6404/76.
