Common use of Specific Performance; Non-Exclusivity Clause in Contracts

Specific Performance; Non-Exclusivity. The Stockholder acknowledges and agrees that money damages will not be an adequate remedy for any breach or threatened breach of the provisions of this Agreement and that, in such event, Parent, Purchaser and/or their respective successors or assigns shall, in addition to any other rights and remedies existing in their favor, be entitled to specific performance, injunctive and/or other relief from any court of competent jurisdiction in order to enforce or prevent any violations of the provisions of this Agreement (including the extension of the Restricted Period with respect to the Stockholder by a period equal to the length of the court proceedings necessary to stop such violation). Any injunction shall be available without the posting of any bond or other security. The rights and remedies of Parent and Purchaser hereunder are not exclusive of or limited by any other rights or remedies that Parent and Purchaser may have, whether at law, in equity, by contract or otherwise, all of which shall be cumulative (and not alternative).

Appears in 8 contracts

Samples: Support Agreement (OCM Principal Opportunities Fund IV, LP), Support Agreement (OCM Principal Opportunities Fund IV, LP), Support Agreement (OCM Principal Opportunities Fund IV, LP)

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