Common use of Effect of Material Breach Clause in Contracts

Effect of Material Breach. In the event the Executive materially breaches the provisions of paragraphs (a) or (b) of this Section 9, the Company may immediately cease all payments to the Executive under this Agreement, may seek recovery of payments received by the Executive under this Agreement and shall be entitled to seek an injunction, restraining order or other equitable relief restraining any such material breach, and monetary damages for such material breach; provided, however, that nothing in the preceding shall prohibit or otherwise impact the Executive’s right or ability to dispute that a material breach has occurred.

Effect of Material Breach. In the event the Executive materially breaches the provisions of paragraphs (a) or (b) of this Section 96, the Company may immediately cease all payments to the Executive under this Agreement, may seek recovery of payments received by the Executive under this Agreement and shall be entitled to seek an injunction, restraining order or other equitable relief restraining any such material breach, and monetary damages for such material breach; provided, however, that nothing in the preceding shall prohibit or otherwise impact the Executive’s right or ability to dispute that a material breach has occurred.

Effect of Material Breach. In the event the Executive materially breaches the provisions of paragraphs (a) or (b) of this Section 9, the Company may immediately cease all payments to the Executive under this Agreement, may seek recovery of payments received by the Executive under this Agreement and shall be entitled to seek an injunction, restraining order or other equitable relief restraining any such material breach, and monetary damages for such material breach; provided, however, that nothing in the preceding shall prohibit or otherwise impact the Executive’s 's right or ability to dispute that a material breach has occurred.

Effect of Material Breach. In the event the Executive materially breaches the provisions of paragraphs (a) or (b) of this Section 96, the Company may immediately cease all payments to the Executive under this Agreement, may seek recovery of payments received by the Executive under this Agreement and shall be entitled to seek an injunction, restraining order or other equitable relief restraining any such material breach, and monetary damages for such material breach; provided, however, that nothing in the preceding shall prohibit or otherwise impact the Executive’s 's right or ability to dispute that a material breach has occurred.