Common use of Specific Performance of Certain Covenants Clause in Contracts

Specific Performance of Certain Covenants. Each Grantor acknowledges and agrees that a breach of any of the covenants contained herein will cause irreparable injury to the Collateral Agent and the other Secured Parties, that the Collateral Agent and other Secured Parties have no adequate remedy at law in respect of such breaches and therefore agrees that the covenants of the Grantors contained herein shall be specifically enforceable against the Grantors.

Appears in 4 contracts

Samples: Guaranty and Collateral Agreement, Second Lien Guaranty and Collateral Agreement (Ultra Petroleum Corp), Exchange Agreement (Ultra Petroleum Corp)

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Specific Performance of Certain Covenants. Each Grantor acknowledges and agrees that a breach of any of the covenants contained herein will cause irreparable injury to the Collateral Administrative Agent and the other Secured Parties, that the Collateral Administrative Agent and other Secured Parties have no adequate remedy at law in respect of such breaches and therefore agrees that the covenants of the Grantors contained herein shall be specifically enforceable against the Grantors.

Appears in 3 contracts

Samples: Credit Agreement (Brigham Minerals, Inc.), Credit Agreement (Approach Resources Inc), Guaranty and Pledge Agreement (Approach Resources Inc)

Specific Performance of Certain Covenants. Each Grantor acknowledges and agrees that a breach of any of the covenants contained herein will cause irreparable injury to the Collateral Agent and the other Parity Lien Secured Parties, that the Collateral Agent and other Parity Lien Secured Parties have no adequate remedy at law in respect of such breaches and therefore agrees that the covenants of the Grantors contained herein shall be specifically enforceable against the Grantors.

Appears in 1 contract

Samples: Second Lien Pledge and Security Agreement (Centennial Resource Development, Inc.)

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Specific Performance of Certain Covenants. Each Grantor acknowledges and agrees that a breach of any of the covenants contained herein will cause irreparable injury to the Collateral Agent and the other Secured Parties, Party that the Collateral Agent and other Secured Parties have Party has no adequate remedy at law in respect of such breaches and therefore agrees that the covenants of the Grantors such Grantor contained herein shall be specifically enforceable against the Grantorssuch Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (SWK Holdings Corp)

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