Action for Enforcement Clause Samples
The Action for Enforcement clause establishes the right of a party to take legal action to ensure compliance with the terms of the agreement. In practice, this clause allows a party to seek remedies such as injunctions, specific performance, or damages if the other party breaches the contract. Its core function is to provide a clear legal pathway for enforcing contractual obligations, thereby deterring breaches and offering recourse if one occurs.
Action for Enforcement. Upon the occurrence of an Event of Default, the Lender may proceed to protect and enforce its rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein, in the Note, or in any document or instrument delivered in connection with or pursuant to this Agreement, or to enforce the payment of the Note or any other legal or equitable right or remedy.
Action for Enforcement. The Directors may take any action necessary to enforce the provisions of this Agreement, including but not limited to the right to ▇▇▇ any Employer in any court of competent jurisdiction for the payment of any monies determined by the Directors to be owed to the Plan, in which event the Employer shall be liable to the Plan for all expenses of enforcement and/or collection, including but not limited to, all reasonable accountant's fees, auditor’s fees, attorney's fees and costs and collection agency fees incurred in connection therewith. In any such action or proceeding, the Employer, in addition to any other sums claimed by the Directors to be owed shall likewise be liable for interest and liquidated damages as provided in this Agreement.
Action for Enforcement. The Company may proceed to protect and enforce its rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein, in any Note, the other Loan Documents or in any document or instrument delivered in connection with or pursuant to this Agreement, or to enforce the payment of any Note or any other legal or equitable right or remedy or sell the Collateral and apply the proceeds thereof in repayment of the Stock Purchase Loan; provided, however, the Company shall not seek to enforce any monetary judgement with respect to the Stock Purchase Loan or any sums due under any Note or any of the other Loan Documents against Croc▇▇▇, ▇▇dividually, except as set forth in Section 2.2(B).
Action for Enforcement. 14 SECTION 8.3
Action for Enforcement. 74 Section 11.2
Action for Enforcement. In case any one or more Events of Default shall occur and be continuing, Lender may proceed to protect and enforce its rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein, in the Note, in the Contingent Return Mortgage or in any document or instrument delivered in connection with or pursuant to this Agreement, or to enforce the payment of the Note, the Contingent Returns or any other legal or equitable right or remedy.