Common use of SPECIFIC PERFORMANCE, INJUNCTIVE RELIEF, EQUITABLE REMEDIES Clause in Contracts

SPECIFIC PERFORMANCE, INJUNCTIVE RELIEF, EQUITABLE REMEDIES. In the event of any actual or threatened default in, or breach of, any of the terms, conditions and provisions of this Agreement, the Party who is aggrieved shall have the right to seek specific performance and injunctive or other equitable relief of its rights under this Agreement, in addition to any and all other rights and remedies at law or in equity, and all such rights and remedies shall be cumulative. The other Party shall not oppose the granting of such relief. The Parties agree that the remedies at law for any breach or threatened breach hereof, including monetary damages, are inadequate compensation for any loss and that any defense that a remedy at law would be adequate is waived. Any requirements for the securing or posting of any bond with such remedy are waived.