Common use of Right to Specific Performance Clause in Contracts

Right to Specific Performance. Seller acknowledges that the unique nature of the Assets to be purchased by Buyer pursuant to this Agreement renders money damages an inadequate remedy for the breach by Seller of its obligations under this Agreement, and Seller agrees that in the event of such breach, Buyer will upon proper action instituted by it, be entitled to a decree of specific performance of this Agreement.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Northland Cable Television Inc), Asset Purchase Agreement (Breda Telephone Corp), Asset Purchase Agreement (Marcum Natural Gas Services Inc/New)

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Right to Specific Performance. Seller acknowledges that the ----------------------------- unique nature of the Assets to be purchased by Buyer pursuant to this Agreement renders money damages an inadequate remedy for the breach by Seller of its obligations under this Agreement, and Seller agrees that in the event of such breach, Buyer will upon proper action instituted by it, be entitled to a decree of specific performance of this Agreement.

Appears in 2 contracts

Samples: Non Competition Agreement (Travis Boats & Motors Inc), Non Competition Agreement (Travis Boats & Motors Inc)

Right to Specific Performance. Seller acknowledges and Buyer acknowledge that the unique nature of the Assets to be purchased by Buyer pursuant to this Agreement renders money damages an inadequate remedy for the breach by Seller and Buyer of its their obligations under this Agreement, and Seller agrees and Buyer agree that in the event of such breach, Seller and Buyer will upon proper action instituted by it, be entitled to a decree of specific performance of this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (General Communication Inc), Asset Purchase Agreement (General Communication Inc)

Right to Specific Performance. Seller acknowledges that the unique nature of the Assets to be purchased by Buyer pursuant to this Agreement renders money damages an inadequate remedy for the breach by Seller of its obligations under this Agreement, and Seller agrees that in the event of such breach, Buyer will upon proper action instituted by itit and relief awarded to it by a court of competent jurisdiction, be entitled to a decree of specific performance of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rocky Mountain Internet Inc)

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Right to Specific Performance. The Seller acknowledges that the unique nature of the Assets Shares to be purchased by Buyer the Purchaser pursuant to this Agreement renders money damages an inadequate remedy for the breach by the Seller of its obligations under this Agreement, and the Seller agrees that in the event of such breach, Buyer the Purchaser will upon proper action instituted by it, be entitled to a decree of for specific performance of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Turner Broadcasting System Inc)

Right to Specific Performance. Each Seller acknowledges that the unique nature of the Assets to be purchased by Buyer pursuant to this Agreement renders money damages an inadequate remedy for the breach by either Seller of its obligations under this Agreement, and Seller agrees that in the event of such breach, Buyer will upon proper action instituted by it, be entitled to a decree of specific performance of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Frontiervision Holdings Capital Corp)

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