Specific Performance definition
Specific Performance means the fulfilment of either Party’s obligations in terms of this Lease Agreement;
Specific Performance means the fulfilment of either Party’s obligations in terms of this Mandate Agreement;
Specific Performance means the fulfilment of either Party’s obligations in terms of this Agreement;
Examples of Specific Performance in a sentence
IF EITHER PARTY COMMENCES LITIGATION AGAINST THE OTHER FOR THE SPECIFIC PERFORMANCE OF THIS LEASE, FOR DAMAGES FOR THE BREACH HEREOF OR OTHERWISE FOR ENFORCEMENT OF ANY REMEDY HEREUNDER, THE PARTIES HERETO AGREE TO AND HEREBY DO WAIVE ANY RIGHT TO A TRIAL BY JURY.
More Definitions of Specific Performance
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 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. Right to legally enforce contract conditions. – Interest: Accrued from judicial demand date in absence of contrary stipulation.
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. The parties to this Agreement recognize that any breach of their respective obligations under this 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.
Specific Performance means that a party may require the other party to perform its obligations under the contract (and seek enforcement through court
Specific Performance is ordering the parties to complete the contract. Two requirements: (1) unique subject matter and (2) money damages are insufficient compensation for harm. [Courts do not favor SP because they do not like to force people to perform, see it as forcing servitude (slavery).]