Specific Performance Clause Example from Business Contracts

Specific Performance. Each Party acknowledges and agrees that the other Party would be damaged irreparably in the event any of the provisions of this Agreement are not performed in accordance with their specific terms or otherwise are breached. Accordingly, each Party agrees that the other Party shall be entitled to an injunction to prevent breaches of the provisions of this Agreement and to enforce specifically this Agreement and the terms and provisions hereof in any action instituted in any court of the United... States or any state thereof having jurisdiction over the Parties and the matter (subject to the provisions set forth in Section 16), in addition to any other remedy to which it may be entitled under this Agreement. View More