Specific Performance means the fulfilment of either Party’s obligations in terms of this Lease Agreement;

Specific Performance. The Grantor acknowledges that if the Grantor fails to perform any of its Obligations under the Transaction Document immediate and irreparable harm or injury would be caused to the Holder for which money damages would not be an adequate remedy. • In such event, the Grantor agrees that the Holder shall have the right, in addition to any other rights it may have, to specific performance of the Transaction Document. Accordingly, if the Holder should institute an action or proceeding seeking specific enforcement of the provisions hereof, the Grantor hereby waives the claim or defense that the Holder has an adequate remedy at Law and hereby agrees not to assert in any such action proceeding the claim or defense that such a remedy at Law exists. The Grantor further agrees to waive any requirements for the securing or posting of any bond in connection with obtaining any such equitable relief.

Specific Performance means the fulfilment of either Party’s obligations in terms of this Agreement;

Examples of Specific Performance in a sentence

The successful high bidder on this property will be required to sign the Specific Performance Real Estate Contract immediately upon conclusion of the bidding and will make an Xxxxxxx Money deposit of Ten Percent (10%) of the total sales price.
In the case of any default by GRANTEE, STATE shall be entitled to all remedies available under law and equity, including but not limited to: a) Specific Performance; b) Return of all GRANT MONIES; c) Payment to the STATE of the fair market value of the project property or the actual sales price, whichever is higher; and d) Payment to the STATE of the costs of enforcement of this CONTRACT, including but not limited to court and arbitration costs, fees, expenses of litigation, and reasonable attorney fees.
However, the Company may alternatively, in its sole discretion, instead decide to waive its right to terminate this Agreement and enforce the payment of all its dues from the Applicant by seeking Specific Performance of this Agreement.
As a security and for ensuring Specific Performance of the contract, ASAL is entitled to obtain a security deposit from the Scrap Contractor.
Complaint for Specific Performance of a Con- tract to Convey Land.

More Definitions of Specific Performance

Specific Performance means the fulfilment of either Party’s obligations in terms of this Mandate Agreement;

Specific Performance means the performance of obligations which derive from a contract following an order by a court, including the registration of immovable property to which the contract relates;

Specific Performance means Court will order the party to perform his part of agreement, instead of imposing on him any monetary liability to pay damages to other party.

Specific Performance means actual carrying out of the promise. In certain cases, the Court may direct the party in breach of contract for the actual carrying out of the promise, exactly according to the terms of the contract. This is called specific performance of the contract.

Specific Performance. The parties to this Agreement recognize that any breach of their respective obligations under this Agreement and the Confidentiality Agreement could result in irreparable injury to the other party. Each party shall, therefore, be entitled, without restricting such party from other legal and equitable remedies, to injunctive and other equitable relief to prevent or restrain the breach of this Agreement, including, without limitation, the return and delivery of property immediately upon any termination of this Agreement as provided herein. Hiring of Other Party's Employees and Officers: Each party agrees not to hire any of the other party's employees or officers assigned to perform services under this Agreement, without the prior and written agreement of the other party, even if the request for hiring is initiated by the staff member her/himself. This mutual non-hiring covenant is valid until the first anniversary of the termination or expiration of this Agreement, as the case may be.

Specific Performance. If Closing does not occur as contemplated herein by reason of Unocal's determination that Buyer has breached this Agreement or failed to satisfy a condition, Buyer may contest Unocal's termination of this Agreement and seek specific performance of the Agreement, provided it notifies Unocal in writing of its election to seek specific performance within ten (10) days of Unocal's notice of termination under Section 13.1(ii). The losing Party shall pay the prevailing Party's costs and reasonable attorney's fees together with any actual damages suffered or incurred.