Common use of Breach of Restrictive Covenants Clause in Contracts

Breach of Restrictive Covenants. Without limiting the remedies available to the Company Group, Executive acknowledges that a breach of any of the covenants contained in Section 6 hereof may result in material irreparable injury to the Company Group for which there is no adequate remedy at law, that it will not be possible to measure damages for such injuries precisely, and that in the event of such a breach or threat thereof, the Company Group shall be entitled to obtain a temporary restraining order and/or a preliminary or permanent injunction, without the necessity of proving irreparable harm or injury as a result of such breach or threatened breach of Section 6 hereof, restraining Executive from engaging in activities prohibited by Section 6 hereof or such other relief as may be required specifically to enforce any of the covenants in Section 6 hereof.

Appears in 14 contracts

Samples: Change in Control Severance Agreement (Empire State Realty OP, L.P.), Change in Control Severance Agreement (Empire State Realty Trust, Inc.), Change in Control (Empire State Realty Trust, Inc.)

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