Remedy for Breach of Contract. The parties agree that if there is any breach or asserted breach of the terms, covenants, or conditions of this Agreement, the remedy of the parties hereto shall be at law and in equity and injunctive relief shall lie for the enforcement of or relief from any provisions of this Agreement. If any remedy or relief is sought and obtained by any party against one of the other parties pursuant to this Section 23, the other party shall, in addition to the remedy of relief so obtained, be liable to the party seeking such remedy or relief for the reasonable expenses incurred by such party in successfully obtaining such remedy or relief, including the reasonable fees and expenses of such party's counsel.
Remedy for Breach of Contract. A. The parties agree that in the event there is any breach or asserted breach of the terms, covenants or conditions of this Agreement, the remedies of the parties hereto shall be in both law and in equity, including injunctive relief for the enforcement of or relief from any provisions of this Agreement.
Remedy for Breach of Contract. If any of the foregoing events of default set forth in Article 8.1 occurs, Party B shall be entitled to exercise one or several rights as follows:
Remedy for Breach of Contract. 17.1 If a breach of contract described in Clause 16, paragraph 16.1 of this Contract occurs to the Lessee, the Lessor has the right to take one or more of the following measures:
Remedy for Breach of Contract. 12.1 In the event that Xx. Xxxxxxx commits any breach of Articles 9, 10 and/or 11 he shall, in variance from the provisions of Section 7:650 subsections 3, 4 and 5 of the Civil Code, forfeit to the Company an immediately payable penalty of EUR 50,000 for each such breach, to be increased by EUR 5,000 for each day that any such breach continues, without prior notice or judicial intervention being required and entirely without prejudice to the Company's right to demand full compensation for the loss actually suffered by it and/or to demand specific performance instead of the aforesaid penalty.
Remedy for Breach of Contract. 15.1 In the event that the Employee commits any breach of Article 13 and Article 14 he shall forfeit to the Employer, in variance from the provisions of Section 7:650, subsections 3, 4 and 5 of the Civil Code, an immediately payable penalty of EUR 10.000,- for each such breach, to be increased by EUR 1000,- for each day that any such breach continues, without prior notice or judicial intervention being required and entirely without prejudice to the Employer’s right, instead of this penalty, to demand full compensation for the loss actually suffered by it and/or to demand specific performance.
Remedy for Breach of Contract. If any party hereto (the “Breaching Party”) is in breach of contract, the non-breaching Parties shall have the right to take one or several of the following remedies to safeguard their rights:
Remedy for Breach of Contract. Upon the occurrence of any Event of Default, the Lender may give a written notice to the Borrower declaring all the balance of the Loan to be immediately due and payable. The Borrower shall pay the complete balance of the Loan and the unpaid interest accrued thereon within twenty (20) business days after receipt of such written notice.
Remedy for Breach of Contract. 14.1 In the event that Employee commits any breach of Article 11, Article 12 and/or Article 13 he shall forfeit to the Company a penalty equal to one year's Base Salary for each such breach and an additional penalty equal to 1/12th of one year's Base Salary for each day that such breach should continue unremedied, said penalty or penalties to be payable immediately without prior notice or judicial intervention being required, entirely without prejudice to the Company's right to demand full compensation for losses actually suffered by it and/or to demand specific performance under the applicable laws.
Remedy for Breach of Contract. 13.1 In the event that the Employee commits any breach of Article 10, Article 11 and/or Article 12 he shall forfeit to the Company an immediately payable penalty of NLG (100,000.00/10,000.00) for each such breach, to be increased by NLG (2,500/10,000) for each day that any such breach continues, without prior notice or judicial intervention being required and entirely without prejudice to the Company's right to demand full compensation for the loss actually suffered by it and/or to demand specific performance.
