Common use of Remedies; Enforceability Clause in Contracts

Remedies; Enforceability. Seller recognizes and acknowledges that irreparable damage will result to REI in the event of a breach by Seller or any of Seller's affiliates of the provisions of this Section 13, and, accordingly, in the event of such a breach, REI will be entitled, in addition to any other legal or equitable damages and remedies to which it may be entitled or which may be available, to an injunction to restrain the violation thereof. If any provision of this Section 13 shall be adjudicated by a court of competent jurisdiction to be invalid or unenforceable because of the scope, duration, area of its applicability, or any other reason, the court making such determination will have the power to modify such scope, duration, or area, or all of them, or to strike an invalid or unenforceable provision, in whole or in part, to the extent necessary to make such scope, duration, area, or provision valid and enforceable.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Research Engineers Inc), Stock Purchase Agreement (Research Engineers Inc), Stock Purchase Agreement (Research Engineers Inc)

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Remedies; Enforceability. Each Seller recognizes and acknowledges that ------------------------ irreparable damage will result to REI Telenetics in the event of a breach by that Seller or any of that Seller's affiliates of the provisions of this Section 137, --------- and, accordingly, in the event of such a breach, REI Telenetics will be entitled, in addition to any other legal or equitable damages and remedies to which it may be entitled or which may be available, to an injunction to restrain the violation thereof. If any provision of this Section 13 7 shall be adjudicated by a court of ---------- competent jurisdiction to be invalid or unenforceable because of the scope, duration, area of its applicability, or any other reason, the court making such determination will have the power to modify such scope, duration, or area, or all of them, or to strike an invalid or unenforceable provision, in whole or in part, to the extent necessary to make such scope, duration, area, or provision valid and enforceable.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Parker Terry S), Stock Purchase Agreement (Saunders & Parker Inc)

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Remedies; Enforceability. Each Seller recognizes and acknowledges that irreparable damage will result to REI in the event of a breach by that Seller or any of that Seller's affiliates of the provisions of this Section 137, and, accordingly, in the event of such a breach, REI will be entitled, in addition to any other legal or equitable damages and remedies to which it may be entitled or which may be available, to an injunction to restrain the violation thereof. If any provision of this Section 13 7 shall be adjudicated by a court of competent jurisdiction to be invalid or unenforceable because of the scope, duration, area of its applicability, or any other reason, the court making such determination will have the power to modify such scope, duration, or area, or all of them, or to strike an invalid or unenforceable provision, in whole or in part, to the extent necessary to make such scope, duration, area, or provision valid and enforceable.

Appears in 1 contract

Samples: Stock Purchase Agreement (Netguru Inc)

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