Remedies Characterization Other Obligations Breaches and Injunctive Relief Clause Example from Business Contracts
This example Remedies Characterization Other Obligations Breaches and Injunctive Relief clause appears in
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Remedies Characterization Other Obligations Breaches and Injunctive Relief. The Holder's remedies provided in this Note shall be cumulative and in addition to all other remedies available under this Note and any of the other Transaction Documents at law or in equity (including a decree of specific performance and/or other injunctive relief), and nothing herein shall limit the Holder's right to pursue actual and consequential damages for any failure by the Issuer to comply with the terms of this Note. The Issuer acknowledges that a breach by it of its obligations under t
...his Note will cause irreparable harm to the Holder and that the remedy at law for any such breach may be inadequate. The Issuer therefore agrees that, in the event of any such breach or threatened breach, the Holder shall be entitled, in addition to all other available remedies, to specific performance and/or temporary, preliminary and permanent injunctive or other equitable relief from any court of competent jurisdiction in any such case without the necessity of proving actual damages and without posting a bond or other security. The Issuer shall provide all information and documentation to the Holder that is requested by the Holder to enable the Holder to confirm the Issuer's compliance with the terms and conditions of this Note (including, without limitation, compliance with Section 7).
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