Common use of Cumulative Remedies; Specific Performance Clause in Contracts

Cumulative Remedies; Specific Performance. All rights and remedies under this Agreement or otherwise afforded by Applicable Law to any party, shall be cumulative and not alternative. Without limiting the rights of a party hereto to pursue all other legal and equitable rights available to such party for another party’s failure to perform its obligations under this Agreement, the parties hereto acknowledge and agree that the remedy at law for any failure to perform their respective obligations hereunder would be inadequate and that each party shall be entitled to specific performance, injunctive relief or other equitable remedies in the event of any such failure.

Appears in 4 contracts

Samples: Agreement and Plan of Merger and Reorganization (Park National Corp /Oh/), Agreement and Plan of Merger and Reorganization (Park National Corp /Oh/), Agreement and Plan of Merger (First Financial Bancorp /Oh/)

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Cumulative Remedies; Specific Performance. All rights and remedies under this Agreement or otherwise afforded by Applicable Law to any party, shall be cumulative and not alternative. alternative Without limiting the rights of a party hereto to pursue all other legal and equitable rights available to such party for another party’s failure to perform its obligations under this Agreement, the parties hereto acknowledge and agree that the remedy at law for any failure to perform their respective obligations hereunder would be inadequate and that each party shall be entitled to specific performance, injunctive relief or other equitable remedies in the event of any such failure.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bankatlantic Bancorp Inc)

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