Exclusivity Breach definition
Examples of Exclusivity Breach in a sentence
The Knicks further acknowledge that Licensor does not have an adequate remedy at law for an Exclusivity Breach.
The Knicks hereby acknowledge that Licensor and its Affiliates will be irreparably and continually harmed by any Exclusivity Breach or the threat thereof and that damages for an Exclusivity Breach cannot be estimated with any degree of certainty and that monetary damages cannot fairly or adequately compensate Licensor for an Exclusivity Breach.
The Rangers hereby acknowledge that Licensor and its Affiliates will be irreparably and continually harmed by any Exclusivity Breach or the threat thereof and that damages for an Exclusivity Breach cannot be estimated with any degree of certainty and that monetary damages cannot fairly or adequately compensate Licensor for an Exclusivity Breach.
The Rangers further acknowledge that Licensor does not have an adequate remedy at law for an Exclusivity Breach.
The Parties agree that such Termination Fee is reasonable in light of the damages the AOLB Parties would suffer in the event the agreement is terminated due to a Material Itau Exclusivity Breach or Material Marketing Breach during the first five (5) Anniversary Years.
In the event, AOLA or AOLB terminates the Agreement pursuant to this Section 11.2 after the first five Anniversary Years for a Material Itau Exclusivity Breach or a Material Marketing Breach, AOLA and AOLB shall be entitled to any available remedies at law or in equity.
In the event a Notifying Party elects (b) above, in the case of a Material AOLB Exclusivity Breach, the provisions of Section 2.3 shall no longer apply to Itau or its Affiliates; and in the case of a Material Itau Exclusivity Breach, the provisions of Section 7.1, 2.3.2 and 2.3.3 shall no longer apply to the AOLB Parties or their Affiliates.
Accordingly, in the event, AOLA or AOLB terminates the Agreement pursuant to this Section 11.2 during the first five Anniversary Years for a Material Itau Exclusivity Breach or a Material Marketing Breach, to compensate the AOLB Parties for such loss of value, Itau shall pay to AOLA or AOLB, (as determined by AOLA in its sole discretion), as the AOLB Parties' sole and exclusive remedy for such Material Breach, the Termination Fee.
The rights and obligations of the respective Parties in the event of termination by GSK for an uncured Regulus Diligence Failure Event or a Regulus Exclusivity Breach shall be as specifically set forth in Section 12.7.3(c) below and/or in the Side Agreement.
If the Merger Agreement terminates for any reason, the Sprint Parties agree to waive the applicability of Section 17.14 (other than with respect to punitive damages) of the Sprint PCS Management Agreements (as defined in the Merger Agreement) to any damages suffered by the Alamosa Parties during the period from the Signing Date through the date of the termination of the Merger Agreement as a result of any actions by any of the Sprint Parties during such period that constitute an Exclusivity Breach.