Common use of Remedies; Indemnification Clause in Contracts

Remedies; Indemnification. The Broker and Recipient each agree that the obligations of Recipient set forth in this Agreement are necessary and reasonable in order to protect the Broker and its business. The Broker and Recipient each expressly agree that due to the unique nature of the Broker’s Confidential Information, monetary damages would be inadequate to compensate the Broker for any breach by Recipient of its covenants and agreements set forth in this Agreement. Accordingly, the Broker and Recipient each agree and acknowledge that any such violation or threatened violation shall cause irreparable injury to the Broker and that, in addition to any other remedies that may be available, in law, in equity or otherwise, the Broker shall be entitled (a) to obtain injunctive relief against the threatened breach of this Agreement or the continuation of any such breach by Recipient, without the necessity of proving actual damages, and (b) to be indemnified by Recipient from any loss or harm, including but not limited to attorney’s fees, arising out of or in connection with any breach or enforcement of Recipient’s obligations under this Agreement or the unauthorized use or disclosure of the Broker’s Confidential Information.

Appears in 4 contracts

Samples: Nondisclosure Agreement, Nondisclosure Agreement, Nondisclosure Agreement

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Remedies; Indemnification. The Broker Company and Recipient each agree that the obligations of Recipient set forth in this Agreement are necessary and reasonable in order to protect the Broker Company and its business. The Broker Company and Recipient each expressly agree that due to the unique nature of the BrokerCompany’s Confidential Information, monetary damages would be inadequate to compensate the Broker Company for any breach by Recipient of its covenants and agreements set forth in this Agreement. Accordingly, the Broker Company and Recipient each agree and acknowledge that any such violation or threatened violation shall cause irreparable injury to the Broker Company and that, in addition to any other remedies that may be available, in law, in equity or otherwise, the Broker Company shall be entitled (a) to obtain injunctive relief against the threatened breach of this Agreement or the continuation of any such breach by Recipient, without the necessity of proving actual damages, and (b) to be indemnified by Recipient from any loss or harm, including but not limited to attorney’s fees, arising out of or in connection with any breach or enforcement of Recipient’s obligations under this Agreement or the unauthorized use or disclosure of the BrokerCompany’s Confidential Information.

Appears in 2 contracts

Samples: Nondisclosure Agreement, Nondisclosure Agreement

Remedies; Indemnification. The Broker Owner and Recipient each agree that the obligations of Recipient set forth in this Agreement are necessary and reasonable in order to protect the Broker Owner and its business. The Broker Owner and Recipient each expressly agree that due to the unique nature of the BrokerOwner’s Confidential Information, monetary damages would be inadequate to compensate the Broker Owner for any breach by Recipient of its covenants and agreements set forth in this Agreement. Accordingly, the Broker Owner and Recipient each agree and acknowledge that any such violation or threatened violation shall cause irreparable injury to the Broker Owner and that, in addition to any other remedies that may be available, in law, in equity or otherwise, the Broker Owner shall be entitled (a) to obtain injunctive relief against the threatened breach of this Agreement or the continuation of any such breach by Recipient, without the necessity of proving actual damages, and (b) to be indemnified by Recipient from any loss or harm, including but not limited to attorney’s fees, arising out of or in connection with any breach or enforcement of Recipient’s obligations under this Agreement or the unauthorized use or disclosure of the BrokerOwner’s Confidential Information.

Appears in 1 contract

Samples: Nondisclosure Agreement

Remedies; Indemnification. The Broker Owner and Recipient each agree that the obligations of Recipient set forth in this Agreement are necessary and reasonable in order to protect the Broker owner and its business. The Broker Owner and Recipient each expressly agree that due to the unique nature of the Broker’s Owner's Confidential Information, monetary damages would be inadequate to compensate the Broker Owner for any breach by Recipient of its covenants and agreements set forth in this Agreement. Accordingly, the Broker Owner and Recipient each agree and acknowledge that any such violation or threatened violation shall cause irreparable injury to the Broker Owner and that, in addition addition, to any other remedies that may be available, in law, in equity or otherwise, the Broker Owner shall be entitled (a) to obtain injunctive relief against the threatened breach of this Agreement or the continuation of any such breach by Recipient, without the necessity of proving actual damages, and (b) to be indemnified by Recipient from any loss or harm, including but not limited to attorney’s 's fees, arising out of or in connection with any breach or enforcement of Recipient’s 's obligations under this Agreement or the unauthorized use or disclosure of the Broker’s Owner's Confidential Information.

Appears in 1 contract

Samples: Mutual Nondisclosure Agreement

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Remedies; Indemnification. The Broker Mission and Recipient each agree that the obligations of Recipient set forth in this Agreement are necessary and reasonable in order to protect the Broker Mission and its business. The Broker Mission and Recipient each expressly agree that due to the unique nature of the BrokerMission’s Confidential Information, monetary damages would be inadequate to compensate the Broker Mission for any breach by Recipient of its covenants and agreements set forth in this Agreement. Accordingly, the Broker Mission and Recipient each agree and acknowledge that any such violation or threatened violation shall cause irreparable injury to the Broker Mission and that, in addition to any other remedies that may be available, in law, in equity or otherwise, the Broker Mission shall be entitled (a) to obtain injunctive relief against the threatened breach of this Agreement or the continuation of any such breach by Recipient, without the necessity of proving actual damages, and (b) to be indemnified by Recipient from any loss or harm, including but not limited to attorney’s fees, arising out of or in connection with any breach or enforcement of Recipient’s obligations under this Agreement or the unauthorized use or disclosure of the BrokerMission’s Confidential Information.

Appears in 1 contract

Samples: Non Disclosure Agreement

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