Injunctive Relief; Punitive Damages. (a) The Borrower recognizes that, in the event the Borrower fails to perform, observe or discharge any of its obligations or liabilities under this Agreement, any remedy of law may prove to be inadequate relief to the Lenders. Therefore, the Borrower agrees that the Lenders, at the Lenders' option, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.
Appears in 50 contracts
Samples: Credit Agreement (Amerigas Partners Lp), Third Amendment and Waiver (AbitibiBowater Inc.), Credit Agreement (Globalstar, Inc.)
Injunctive Relief; Punitive Damages. (a) The Borrower recognizes that, in the event the Borrower fails to perform, observe or discharge any of its obligations or liabilities under this Agreement, any remedy of law may prove to be inadequate relief to the Lenders. Therefore, the Borrower agrees that the Lenders, at the Lenders' ’ option, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.
Appears in 32 contracts
Samples: Term Loan Agreement (Owens Corning), Credit Agreement (Blackhawk Network Holdings, Inc), Term Loan Agreement (Owens Corning)
Injunctive Relief; Punitive Damages. (a) The Each Borrower recognizes that, in the event the such Borrower fails to perform, observe or discharge any of its obligations or liabilities under this Agreement, any remedy of law may prove to be inadequate relief to the Lenders. Therefore, the each Borrower agrees that the Lenders, at the Lenders' ’ option, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.
Appears in 11 contracts
Samples: Credit Agreement (BlackRock Inc.), Credit Agreement (BlackRock Inc.), Credit Agreement (BlackRock Inc.)
Injunctive Relief; Punitive Damages. (a) The Borrower recognizes Borrowers recognize that, in the event the Borrower fails Borrowers fail to perform, observe or discharge any of its their obligations or liabilities under this Agreement, any remedy of law may prove to be inadequate relief to the Lenders. Therefore, the Borrower agrees Borrowers agree that the Lenders, at the Lenders' option, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.
Appears in 5 contracts
Samples: Credit Agreement (Global Imaging Systems Inc), Credit Agreement (Urban Outfitters Inc), Credit Agreement (Breed Technologies Inc)
Injunctive Relief; Punitive Damages. (a) The Borrower recognizes that, in the event the Borrower fails to perform, observe or discharge any of its obligations or liabilities under this Agreement, any remedy of law may prove to be inadequate relief to the LendersLender. Therefore, the Borrower agrees that the LendersLender, at the Lenders' its option, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.
Appears in 2 contracts
Samples: Credit Agreement (Intercontinentalexchange Inc), Credit Agreement (Optio Software Inc)
Injunctive Relief; Punitive Damages. (a) The Borrower recognizes that, in the event the Borrower fails to perform, observe or discharge any of its obligations or liabilities under this Agreement, any remedy of law may prove to be inadequate relief to the Lenders. Therefore, the Borrower agrees that the Lenders, at the Lenders' option, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Choicepoint Inc), Choicepoint Inc
Injunctive Relief; Punitive Damages. (a) The Borrower recognizes that, in the event the Borrower fails to perform, observe or discharge any 72 of its obligations or liabilities under this Agreement, any remedy of law may prove to be inadequate relief to the Lenders. Therefore, the Borrower agrees that the Lenders, at the Lenders' option, shall be entitled to seek temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.
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