Common use of Specific Performance and other Equitable Rights Clause in Contracts

Specific Performance and other Equitable Rights. Each of the parties recognizes and acknowledges that this Agreement is an integral part of the transactions contemplated in the Offer, that the Purchaser would not contemplate causing the Offer to be made and the Principal Shareholder would not agree to the deposit of Common Shares under the Offer unless this Agreement was executed and that a breach by a party of any covenants or other commitments contained in this Agreement will cause the other party to sustain injury for which it would not have an adequate remedy at law for money damages. Therefore, each of the parties agrees that in the event of any such breach, the aggrieved party shall be entitled to the remedy of specific performance of such covenants or commitments and preliminary and permanent injunctive and other equitable relief in addition to any other remedy to which it may be entitled, at law or in equity, and the parties further agree to waive any requirement for the securing or posting of any bond in connection with the obtaining of any such injunctive or other equitable relief.

Appears in 4 contracts

Samples: Lock Up Agreement (Franklin Resources Inc), Lock Up Agreement (Franklin Resources Inc), Lock Up Agreement (Franklin Resources Inc)

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Specific Performance and other Equitable Rights. Each of the parties recognizes and acknowledges that this Agreement is an integral part of the transactions contemplated in the Offer, that the Purchaser Offeror's Parent would not contemplate causing the Offer to be made and the Principal Shareholder would not agree to its covenants to the Offeror's Parent herein and to irrevocably deposit of Common the Shareholder's Shares under to the Offer unless this Agreement was executed and that a breach by a party of any covenants or other commitments contained in this Agreement will cause the other party to sustain injury for which it would not have an adequate remedy at law for money damages. Therefore, each of the parties agrees that in the event of any such breach, the aggrieved party shall be entitled to the remedy of specific performance of such covenants or commitments and preliminary and permanent injunctive and other equitable relief in addition to any other remedy to which it may be entitled, at law or in equity, and the parties further agree to waive any requirement for the securing or posting of any bond in connection with the obtaining of any such injunctive or other equitable relief.

Appears in 3 contracts

Samples: Deposit Agreement (Silent Witness Enterprises LTD), Deposit Agreement (Silent Witness Enterprises LTD), Deposit Agreement (Silent Witness Enterprises LTD)

Specific Performance and other Equitable Rights. Each of the parties recognizes and acknowledges that this Agreement is an integral part of the transactions contemplated in the Offer, that the Purchaser would not contemplate causing the Offer to be made and the Principal Shareholder would not agree to its covenants to the Purchaser herein and to irrevocably deposit of Common the Shareholder's Shares under to the Offer unless this Agreement was executed and that a breach by a party of any covenants or other commitments contained in this Agreement will cause the other party to sustain injury for which it would not have an adequate remedy at law for money damages. Therefore, each of the parties agrees that in the event of any such breach, the aggrieved party shall be entitled to the remedy of specific performance of such covenants or commitments and preliminary and permanent injunctive and other equitable relief in addition to any other remedy to which it may be entitled, at law or in equity, and the parties further agree to waive any requirement for the securing or posting of any bond in connection with the obtaining of any such injunctive or other equitable relief.

Appears in 3 contracts

Samples: Lock Up Agreement (Applied Digital Solutions Inc), Lock Up Agreement (Motorola Inc), Lock Up Agreement (Motorola Inc)

Specific Performance and other Equitable Rights. Each of the parties recognizes and acknowledges that this Agreement is an integral part of the transactions contemplated in the Offer, that the Purchaser Offeror would not contemplate causing the Offer to be made and the Principal Shareholder Sellers would not agree to the deposit of Common Shares the Securities under the Offer unless this Agreement was executed executed, and that a breach by a any party of any covenants or other commitments contained in this Agreement will cause the other party parties to sustain injury for which it they would not have an adequate remedy at law for money damages. Therefore, each of the parties agrees that in the event of any such breach, the aggrieved party or parties shall be entitled to the remedy of specific performance of such covenants or commitments and preliminary and permanent injunctive and other equitable relief in addition to any other remedy to which it or they may be entitled, at law or in equity, and the parties further agree to waive any requirement for the securing or posting of any bond in connection with the obtaining of any such injunctive or other equitable relief.

Appears in 2 contracts

Samples: Lock Up Agreement (Louisiana Pacific Corp), Lock Up Agreement (Louisiana Pacific Corp)

Specific Performance and other Equitable Rights. Each of the parties recognizes and acknowledges that this Agreement is an integral part of the transactions contemplated in the Offer, that the Purchaser Corporation would not contemplate causing make the Offer to be made and the Principal Shareholder Sellers would not agree to their covenants to the Corporation herein and to deposit of Common the Sellers' Shares under the Offer in accordance with section 4.1 unless this Agreement was executed executed, and accordingly acknowledges and agrees that a breach by a party of any covenants or other commitments contained in this Agreement will cause the other party to sustain injury for which it would not have an adequate remedy at law for money damages. Therefore, each of the parties agrees that in the event of any such breach, breach the aggrieved party shall be entitled to the remedy of specific performance of such covenants or commitments and preliminary and permanent injunctive and other equitable relief in addition to any other remedy to which it may be entitled, at law or in equity, and the parties further agree to waive any requirement for the securing or posting of any bond in connection with the obtaining of any such injunctive or other equitable relief.

Appears in 1 contract

Samples: Lock Up Agreement (Noranda Inc)

Specific Performance and other Equitable Rights. Each of the parties recognizes and acknowledges that this Agreement is an integral part of the transactions contemplated in the Offer, that the Purchaser APT would not contemplate causing make the Offer to be made Offer, and the Principal Shareholder that CPIF would not agree to facilitate the deposit of Common Shares under the Offer Offer, unless this Agreement was executed executed, and accordingly acknowledges and agrees that a breach by a party of any covenants or other commitments contained in this Agreement will cause each of the other party parties to sustain injury for which it would not have an adequate remedy at law for money damages. Therefore, each of the parties agrees that in the event of any such breach, the aggrieved party shall be entitled to the remedy of specific performance of such covenants or commitments and preliminary and permanent injunctive and other equitable relief relief, in addition to any other remedy to which it may be entitled, at law or in equity, and the parties further agree to waive any requirement for the securing or posting of any bond in connection with the obtaining of any such injunctive or other equitable relief.

Appears in 1 contract

Samples: Support Agreement (Algonquin Power Income Fund)

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Specific Performance and other Equitable Rights. Each of the parties recognizes and acknowledges that this Agreement is an integral part of the transactions contemplated in the Offer, that the Purchaser would not contemplate causing the Offer to be made and the Principal Shareholder Shareholders would not agree to the deposit of Common Shares under the Offer unless this Agreement was executed and that a breach by a party of any covenants or other commitments contained in this Agreement will cause the other party to sustain injury for which it would not have an adequate remedy at law for money damages. Therefore, each of the parties agrees that in the event of any such breach, the aggrieved party shall be entitled to the remedy of specific performance of such covenants or commitments and preliminary and permanent injunctive and other equitable relief in addition to any other remedy to which it may be entitled, at law or in equity, and the parties further agree to waive any requirement for the securing or posting of any bond in connection with the obtaining of any such injunctive or other equitable relief.

Appears in 1 contract

Samples: Lock Up Agreement (Champion Road Machinery LTD)

Specific Performance and other Equitable Rights. Each of the parties recognizes and acknowledges that this Agreement is an integral part of the transactions contemplated in respect of the OfferCombination, that the Purchaser parties to the Combination Agreement would not contemplate causing participating in the Offer to be made and the Principal Shareholder would not agree to the deposit of Common Shares under the Offer Combination, unless this Agreement was executed and that a breach by a party or parties of any covenants or other commitments contained in this Agreement will cause the other party or parties to sustain injury for which it or they would not have an adequate remedy at law for money damages. Therefore, each of the parties agrees that in the event of any such breach, the aggrieved party shall be entitled to the remedy of specific performance of such covenants or commitments and preliminary and permanent injunctive and other equitable relief in addition to any other remedy to which it may be entitled, at law or in equity, and the parties further agree to waive any requirement for the securing or posting of any bond in connection with the obtaining of any such injunctive or other equitable relief.

Appears in 1 contract

Samples: Lock Up Agreement (Newmont Mining Corp of Canada LTD)

Specific Performance and other Equitable Rights. Each of the parties recognizes and acknowledges that this Agreement is an integral part of the transactions contemplated in the Offer, that the Purchaser Offeror would not contemplate causing the Offer to be made and the Principal Selling Shareholder would not agree to refrain from seeking any offer in addition to, or in substitution for, the Offer and to irrevocably deposit of Common the Tender Shares under to the Offer unless this Agreement was executed and that a breach by a party of any covenants or other commitments contained in this Agreement will cause the other party to sustain injury for which it would not have an adequate remedy at law for money damages. Therefore, each of the parties agrees that in the event of any such breach, the aggrieved party shall be entitled to the remedy of specific performance of such covenants or commitments and preliminary and permanent injunctive and other equitable relief in addition to any other remedy to which it may be entitled, at law or in equity, and the parties further agree to waive any requirement for the securing or posting of any bond in connection with the obtaining of any such injunctive or other equitable relief.

Appears in 1 contract

Samples: Support Agreement (Industrial Alliance Insurance & Financial Services Inc.)

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