Common use of Equitable Relief for Violations Clause in Contracts

Equitable Relief for Violations. Each Shareholder agrees that the provisions and restrictions contained in this Section 5.1 are necessary to protect the legitimate continuing interests of MIOA in acquiring the Global Shares, and that any violation or breach of these provisions will result in irreparable injury to MIOA for which a remedy at law would be inadequate and that, in addition to any relief at law which may be available to MIOA for such violation or breach and regardless of any other provision contained in this Agreement, MIOA shall be entitled to injunctive and other equitable relief as a court may grant after considering the intent of this Section 5.1.

Appears in 2 contracts

Samples: Stock Exchange Agreement (Medical Industries of America Inc), Stock Exchange Agreement (Medical Industries of America Inc)

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Equitable Relief for Violations. Each Shareholder agrees that the provisions and restrictions contained in this Section 5.1 are necessary to protect the legitimate continuing interests of MIOA in acquiring the Global CJC Shares, and that any violation or breach of these provisions will result in irreparable injury to MIOA for which a remedy at law would be inadequate and that, in addition to any relief at law which may be available to MIOA for such violation or breach and regardless of any other provision contained in this Agreement, MIOA shall be entitled to injunctive and other equitable relief as a court may grant after considering the intent of this Section 5.1.

Appears in 1 contract

Samples: Stock Exchange Agreement (Medical Industries of America Inc)

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Equitable Relief for Violations. Each The Shareholder agrees that the provisions and restrictions contained in this Section 5.1 6.1 are necessary to protect the legitimate continuing interests of MIOA in acquiring the Global SharesMIOA, and that any violation or breach of these provisions will result in irreparable injury to MIOA for which a remedy at law would be inadequate and that, in addition to any relief at law which may be available to MIOA for such violation or breach and regardless of any other provision contained in this Agreement, MIOA shall be entitled to injunctive and other equitable relief as a court may grant after considering the intent of this Section 5.16.1.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Medical Industries of America Inc)

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