Term and Enforcement Clause Samples
The 'Term and Enforcement' clause defines the duration of the agreement and outlines how its provisions will be upheld during that period. It typically specifies when the contract begins, how long it remains in effect, and the mechanisms for ensuring compliance, such as remedies for breaches or procedures for addressing violations. This clause is essential for providing both parties with clear expectations regarding the contract's lifespan and the consequences of non-compliance, thereby promoting accountability and reducing the risk of disputes.
Term and Enforcement. The confidentiality obligation set forth in this Agreement shall be observed during the term of the Agreement and for a period of five (5) years following the termination of this Agreement. Each Party acknowledges that a breach of any of the terms of this Section 13 may cause the non-breaching Party irreparable damage, for which the award of damages would not be adequate compensation. Consequently, the non-breaching Party may institute an action to enjoin the breaching Party from any and all acts in violation of those provisions, which remedy shall be cumulative and not exclusive, and shall be in addition to any other relief to which the non-breaching Party may be entitled at law or in equity. Such remedy shall not be subject to the arbitration provisions set forth in Section 21.13.
Term and Enforcement. The confidentiality obligation set forth in this Agreement shall be observed during the term of the Agreement and for a period of five (5) years following the termination of this Agreement. In the case where Confidential Information constitutes a trade secret under applicable law, the confidentiality obligation set forth in this Agreement shall be observed for as long as such Confidential Information remains a trade secret following the termination of this Agreement. Each Party acknowledges that a breach of any of the terms of this Section 13 may cause the non-breaching Party irreparable damage, for which the award of damages would not be adequate
Term and Enforcement. A. This Agreement shall remain in effect for four years, until June 30, 2014.
B. During the first two years of this Agreement, the United States District Court for the District of New Mexico shall have continuing jurisdiction to enforce its provisions.
C. Before bringing an enforcement action during the period of time when the United States District Court has retained jurisdiction, plaintiffs shall provide defendants with written notice of any claim of breach of this Agreement. Defendants shall have 30 days to respond to such notice. The parties shall then attempt to resolve plaintiffs' concerns within 30 days of the date that the plaintiffs receive the response. In the event that the parties are not able to resolve their dispute within 30 days, the parties shall submit the case to mediation of the dispute under the supervision of a mediator to be designated by U.S. District Judge ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇. If the mediator determines that the parties are unable to resolve the dispute then the mediator shall notify the parties and the plaintiffs' may file a motion for specific performance of the Agreement within 15 days of the determination that the matter cannot be resolved by mediation.
D. Within ten days of June 30, 2012, the parties shall file a stipulation of dismissal with the United States District Court of plaintiffs’ claims asserting violations of Section 5 of the NVRA, 42 U.S.C. § 1973gg-3. Thereafter, during the remainder of time that this Agreement remains in effect, this Agreement shall be enforceable in New Mexico district court.
E. After plaintiffs’ claims asserting violations of Section 5 of the NVRA are dismissed pursuant to paragraph D above, if plaintiffs conclude that defendants are in breach of this Agreement plaintiffs first shall notify defendants in writing of the asserted breach. Plaintiffs then shall allow defendants 30 days to respond to the notice and take action to cure the asserted breach before filing an enforcement action in New Mexico district court.
Term and Enforcement. The covenants, conditions, restrictions and obligations created and imposed herein shall be effective upon the date hereof, shall run with the land, and shall inure to the benefit of and be binding upon the Parties and their respective heirs, executors, administrators, successors, successors-in-title, assigns, tenants, customers, employees and invitees for so long as the Advance Lease is in effect. Such restrictions and obligations shall be unaffected by any change in the ownership of all or any portion of the Property or by any change of use, demolition, reconstruction, expansion or other circumstances, except as specified herein. Each of the rights created hereunder may be enforceable in a court of equity by (i) the owner of any portion of the Property, (ii) any mortgagee of any portion of the Property and (iii) Advance; however, enforcement hereunder shall be sought solely against the then owner(s) of the Property (or the owner of an interest in the Property) alleged to be in default.
Term and Enforcement. The confidentiality obligation set forth in this Agreement shall be observed during the term of the Agreement and for a period of five (5) years following the date of disclosure of the information. Each Party acknowledges that a breach of any of the terms of this Section 15 may cause the non-breaching Party irreparable damage, for which the award of damages would not be adequate compensation. Consequently, the non-breaching Party may institute an action to enjoin the breaching Party from any and all acts in violation of those provisions.
Term and Enforcement