Remedies Clause Example from Business Contracts

This example Remedies clause appears in 2 contracts from 1 company

Remedies. The Sponsor and each Insider, with respect to itself, herself or himself, as applicable, hereby agree and acknowledge that (i) each of the Underwriters and the Company would be irreparably injured in the event of a breach by the Sponsor or such Insider of its, her or his obligations, as applicable under Sections 5, 6, 7, 10, 13 and 14, (ii) monetary damages may not be an adequate remedy for such breach and (iii) the non-breaching party shall be entitled to injunctive relief, in addition to any o...ther remedy that such party may have in law or in equity, in the event of such breach. View More
Found in Soar Technology Acquisition Corp. contract
Soar Technology Acquisition Corp. Contracts

Form of Letter Agreement among the Registrant, the Sponsor and director and executive officer of the Registrant (Filed With SEC on September 2, 2021)

Letter Agreement, dated as of September 15, 2021, by and between the Company, the Sponsor and its executive officers and directors (Filed With SEC on September 21, 2021)