Common use of Specific Performance; Other Rights and Remedies Clause in Contracts

Specific Performance; Other Rights and Remedies. Each party recognizes and agrees that the other parties' remedies at law for any breach of the provisions of this Agreement would be inadequate and agrees that for breach of such provisions, each such party shall, in addition to such other remedies as may be available to it at law or in equity or as provided in this Agreement, be entitled to injunctive relief and to enforce its rights by an action for specific performance to the extent permitted by Law. Each party hereby waives any requirement for security or the posting of any bond or other surety in connection with any temporary or permanent award of injunctive, mandatory or other equitable relief. Nothing herein contained shall be construed as prohibiting any party from pursuing any other remedies available to it for such breach or threatened breach, including without limitation the recovery of damages.

Appears in 6 contracts

Samples: 2003 Registration Agreement (Senior Housing Properties Trust), 2003 Registration Agreement (Hospitality Properties Trust), Registration Rights Agreement (American Tower Corp /Ma/)

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Specific Performance; Other Rights and Remedies. Each party recognizes and agrees that in the event the other parties' remedies party should refuse to perform any of its obligations under this Agreement, the remedy at law for any breach of the provisions of this Agreement would be inadequate and agrees that for breach of such provisions, each such party shall, in addition to such other remedies as may be available to it at law or in equity or as provided in this Agreementequity, be entitled to injunctive relief and to enforce its rights by an action for specific performance to the extent permitted by Lawapplicable law. Each party hereby waives any requirement for security or the posting of any bond or other surety in connection with any temporary or permanent award of injunctive, mandatory or other equitable relief. Nothing herein contained shall be construed as prohibiting any each party from pursuing any other remedies available to it under applicable law or pursuant to the provisions of this Agreement for such breach or threatened breach, including without limitation the recovery of damages.

Appears in 2 contracts

Samples: Stock Purchase Agreement (American Radio Systems Corp /Ma/), Stock Purchase Agreement (American Tower Systems Corp)

Specific Performance; Other Rights and Remedies. Each party recognizes ----------------------------------------------- and agrees that the other parties' remedies at law for any breach of the provisions of this Agreement would be inadequate and agrees that for breach of such provisions, each such party shall, in addition to such other remedies as may be available to it at law or in equity or as provided in this Agreement, be entitled to injunctive relief and to enforce its rights by an action for specific performance to the extent permitted by Law. Each party hereby waives any requirement for security or the posting of any bond or other surety in connection with any temporary or permanent award of injunctive, mandatory or other equitable relief. Nothing herein contained shall be construed as prohibiting any party from pursuing any other remedies available to it for such breach or threatened breach, including without limitation the recovery of damages.

Appears in 2 contracts

Samples: Registration Rights Agreement (American Tower Corp /Ma/), Registration Rights Agreement (American Tower Corp /Ma/)

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Specific Performance; Other Rights and Remedies. Each party ----------------------------------------------- recognizes and agrees that the other parties' remedies at law for any breach of the provisions of this Agreement would be inadequate and agrees that for breach of such provisions, each such party shall, in addition to such other remedies as may be available to it at law or in equity or as provided in this Agreement, be entitled to injunctive relief and to enforce its rights by an action for specific performance to the extent permitted by Law. Each party hereby waives any requirement for security or the posting of any bond or other surety in connection with any temporary or permanent award of injunctive, mandatory or other equitable relief. Nothing herein contained shall be construed as prohibiting any party from pursuing any other remedies available to it for such breach or threatened breach, including without limitation the recovery of damages.

Appears in 1 contract

Samples: Registration Rights Agreement (American Tower Corp /Ma/)

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