Common use of Declaratory or Injunctive Relief Clause in Contracts

Declaratory or Injunctive Relief. (a) So long as the Authority has not terminated the Stadium Lease (unless the Team Use Agreement remains in effect), terminated StadCo’s right of possession of the Stadium under the Stadium Lease (unless the Team Use Agreement remains in effect) or recovered liquidated damages pursuant to Section 4.4 hereof (if the Authority has chosen to pursue any of such remedies), the Authority or other express beneficiary of this Non- Relocation Agreement shall be entitled to seek injunctive relief prohibiting or mandating action by TeamCo in accordance with, or declaratory relief with respect to, the covenants or agreements set forth in Article 3 of this Non-Relocation Agreement. In addition, TeamCo (i) recognizes that the Authority owns the Stadium, certain taxes have been imposed by the County, and certain debt is being incurred by the County in order to permit the construction and development of the Stadium and the playing of NFL Home Games in the Stadium during the Non-Relocation Term in accordance with Article 2 of this Non-Relocation Agreement, and (ii) acknowledges and agrees that monetary damages could not be calculated to compensate the Authority for any breach by TeamCo of the covenants or agreements contained in Article 3 of this Non-Relocation Agreement. Accordingly, TeamCo agrees that (A) the Authority may restrain or enjoin any breach or threatened breach of any covenant or agreement of TeamCo contained in Article 3 of this Non-Relocation Agreement without the necessity of posting a bond or other security and without any further showing of irreparable harm, balance of xxxxx, consideration of the public interest or the inadequacy of monetary damages as a remedy, (B) the administration of an order for injunctive relief would not be impractical and, in the event of any breach of any covenant or agreement contained in Article 3 of this Non-Relocation Agreement, the balance of hardships would weigh in favor of entry of injunctive relief,

Declaratory or Injunctive Relief. (a) So long as the Authority has not terminated the Stadium Lease (unless the Team Use Agreement remains in effect), terminated StadCo’s right of possession of the Stadium under the Stadium Lease (unless the Team Use Agreement remains in effect) or recovered liquidated damages pursuant to Section 4.4 hereof (if the Authority has chosen to pursue any of such remedies), the Authority or other express beneficiary Any Party of this Non- Non-Relocation Agreement shall be entitled to seek injunctive relief prohibiting or mandating action by TeamCo any other Party in accordance withwith this Non-Relocation Agreement, or declaratory relief with respect to, the covenants or agreements set forth in Article 3 of to any matter under this Non-Relocation Agreement. In addition, TeamCo Spurs, LLC (ia) recognizes that the Authority owns the StadiumArena Project is being constructed, certain taxes have been are being imposed by the County, and certain debt is being incurred by the County in order to permit the construction and development of the Stadium and the playing of NFL Home Games in the Stadium Arena during the Non-Relocation Term in accordance with Article 2 of this Non-Relocation AgreementTerm, and (iib) acknowledges and agrees that monetary damages could not be calculated to compensate the Authority County for any breach by TeamCo Spurs, LLC of the covenants or and agreements contained in Article 3 of this Non-Relocation Agreement. Accordingly, TeamCo Spurs, LLC agrees that (Ai) the Authority covenants and agreements contained in this Non-Relocation Agreement shall constitute an agreement described by Subsection (a)(2) of Section 334.005 of Chapter 334 of the Texas Local Government Code, (ii) the County may restrain or enjoin any breach by Spurs, LLC or threatened breach of any covenant covenant, duty, or agreement obligation of TeamCo Spurs, LLC contained in Article 3 of this Non-Relocation Agreement without the necessity of posting a bond or other security and without any further showing of irreparable harm, balance of xxxxx, consideration of the public interest or the inadequacy of monetary damages as a remedy, (Biii) the administration of an order for injunctive relief would not be impractical and, in the event of any breach of any covenant covenant, duty or agreement obligation contained in Article 3 of this Non-Relocation Agreement, the balance of hardships would weigh in favor of entry of injunctive relief,, and (iv) the County may enforce any such covenant, duty or obligation of Spurs, LLC contained in this Non-Relocation Agreement through specific performance. The Parties hereby agree and irrevocably stipulate that (i) the rights of the County to injunctive relief pursuant to this Non-Relocation Agreement shall not constitute a "claim" pursuant to section 101(5) of the United States Bankruptcy Code (the “Bankruptcy Code”) and shall not be subject to discharge or restraint of any nature in any bankruptcy proceeding involving Spurs, LLC, and (ii) this Non-Relocation Agreement is not an “executory contract” as contemplated by section 365 of the Bankruptcy Code.

Declaratory or Injunctive Relief. (a) So long as the Authority has not terminated the Stadium Lease (unless the Team TeamTerm Use Agreement remains in effect), terminated StadCo’s right of possession of the Stadium under the Stadium Lease (unless the Team TeamTerm Use Agreement remains in effect) ), or recovered liquidated damages pursuant to Section 4.4 hereof (if the Authority has chosen to pursue any of such remedies), the Authority or other express beneficiary of this Non- Non-Relocation Agreement shall be entitled to seek injunctive relief prohibiting or mandating action by TeamCo in accordance with, or declaratory relief with respect to, the covenants or agreements set forth in Article 3Article 3 of this Non-Relocation Agreement. In addition, TeamCo (i) recognizes that the Authority owns the Stadium, certain taxes have been imposed by the County, and certain debt is being incurred by the County in order to permit the construction and development of the Stadium and the playing of NFL Home Games in the Stadium during the Non-Relocation Term in accordance with Article 2 of this Non-Relocation Agreement, and (ii) acknowledges and agrees that monetary damages could not be calculated to compensate the Authority for any breach by TeamCo of the covenants or agreements contained in Article 3 of this Non-Relocation Agreement. Accordingly, TeamCo agrees that (A) the Authority may restrain or enjoin any breach or threatened breach of any covenant or agreement of TeamCo contained in Article 3Article 3 of this Non-Relocation Agreement without the necessity of posting a bond or other security and without any further showing of irreparable harm, balance of xxxxx, consideration of the public interest or the inadequacy of monetary damages as a remedy, (B) the administration of an order for injunctive relief would not be impractical and, in the event of any breach of any covenant or agreement contained in Article 3 of this Non-Relocation Agreement, the balance of hardships would weigh in favor of entry of injunctive relief,

Declaratory or Injunctive Relief. (a) So long as the Authority has not terminated the Stadium Lease (unless the Team Use Agreement remains in effect), terminated StadCo’s right of possession of the Stadium under the Stadium Lease (unless the Team Use Agreement remains in effect) ), or recovered liquidated damages pursuant to Section 4.4 hereof (if the Authority has chosen to pursue any of such remedies), the Authority or other express beneficiary of this Non- Relocation Agreement shall be entitled to seek injunctive relief prohibiting or mandating action by TeamCo in accordance with, or declaratory relief with respect to, the covenants or agreements set forth in Article 3 of this Non-Relocation Agreement. In addition, TeamCo (i) recognizes that the Authority owns the Stadium, certain taxes have been imposed by the County, and certain debt is being incurred by the County in order to permit the construction and development of the Stadium and the playing of NFL Home Games in the Stadium during the Non-Relocation Term in accordance with Article 2 of this Non-Non- Relocation Agreement, and (ii) acknowledges and agrees that monetary damages could not be calculated to compensate the Authority for any breach by TeamCo of the covenants or agreements contained in Article 3 of this Non-Relocation Agreement. Accordingly, TeamCo agrees that (A) the Authority may restrain or enjoin any breach or threatened breach of any covenant or agreement of TeamCo contained in Article 3 of 3of this Non-Non- Relocation Agreement without the necessity of posting a bond or other security and without any further showing of irreparable harm, balance of xxxxx, consideration of the public interest or the inadequacy of monetary damages as a remedy, (B) the administration of an order for injunctive relief would not be impractical and, in the event of any breach of any covenant or agreement contained in Article 3 of 3of this Non-Relocation Agreement, the balance of hardships would weigh in favor of entry of injunctive relief,, (C) the Authority may enforce any such covenant or agreement of TeamCo contained in Article 3 of this Non-Relocation Agreement through specific performance, and (D) the Authority may seek injunctive or other form of ancillary relief from a court of competent jurisdiction in order to maintain the status quo and enforce the terms of Article 3of this Non-Relocation Agreement. The Parties hereby agree and irrevocably stipulate that the rights of the Authority to injunctive relief pursuant to this Section 4.3 of this Non-Relocation Agreement shall not constitute a “claim” pursuant to Section 101(5) of the United States Bankruptcy Code and shall not be subject to discharge or restraint of any nature in any bankruptcy proceeding involving TeamCo, and that this Non-Relocation Agreement is not an “executory” contract as contemplated by Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Bankruptcy Code.