Right or Remedy Sample Clauses
The "Right or Remedy" clause defines the specific rights or remedies available to parties in the event of a breach or other contractual issue. Typically, this clause clarifies whether the rights and remedies outlined in the contract are exclusive or if parties may pursue additional remedies under the law. For example, it may state that a party can seek damages, specific performance, or other legal relief beyond what is expressly listed in the agreement. The core function of this clause is to ensure clarity regarding the scope of recourse available, thereby preventing disputes over what actions parties may take if the contract is not fulfilled as agreed.
Right or Remedy. It is understood and agreed that the Holder shall be entitled to specific performance and injunctive or other equitable relief as a remedy for any breach of the Company’s obligations under this Note, and the Company further agrees to waive any requirement for the security or posting of any bond in connection with such remedy. Such remedy shall not be deemed to be the exclusive remedy for breach of the Company’s obligations under this Note but shall be in addition to all other remedies available at law or equity to the Holder.
Right or Remedy. A right or remedy under this Note on any occasion shall not be a bar to exercise of the same right or remedy on any subsequent occasion or of any other right or remedy at any time.
Right or Remedy. No right or remedy herein conferred upon or --------------- reserved to Landlord is intended to be exclusive of any other right or remedy provided herein or by law, including without limitation consequential damages, but each shall be cumulative and in addition to every other right or remedy given herein or now or hereafter existing at law or in equity or by statute.
Right or Remedy. No right or remedy conferred upon either party by this Lease shall be exclusive of any right or remedy provided by law, and all rights and remedies conferred upon either party by this Lease shall be cumulative with, and in addition to, its rights under general law and, in particular, shall be without prejudice to the relevant party's rights to claim damages.
Right or Remedy. A forbearance of any right or remedy under this Senior Subordinated Note on any occasion shall not be a bar to exercise of the same right or remedy on any subsequent occasion or of any other right or remedy at any time.