Common use of Equitable Relief Clause in Contracts

Equitable Relief. Debtor recognizes that in the event Debtor fails to pay, perform, observe, or discharge any or all of the Indebtedness, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 18 contracts

Samples: Loan and Security Agreement (CCF Holdings LLC), Loan and Security Agreement (Dawson Geophysical Co), Loan and Security Agreement (Legacy Housing Corp)

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Equitable Relief. Debtor Borrower recognizes that in the event Debtor Borrower fails to pay, perform, observe, or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to Lender. Debtor Borrower therefore agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 18 contracts

Samples: Credit and Security Agreement (loanDepot, Inc.), Credit Agreement (Cryo Cell International Inc), Loan Agreement (Third Coast Bancshares, Inc.)

Equitable Relief. Debtor The Borrower recognizes that in the event Debtor the Borrower fails to pay, perform, observe, or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to the Lender. Debtor The Borrower therefore agrees that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 12 contracts

Samples: Loan Agreement (Quest Resource Holding Corp), Loan Agreement (Pizza Inn Holdings, Inc /Mo/), Loan Agreement (Rf Monolithics Inc /De/)

Equitable Relief. Debtor The Borrower recognizes that that, in the event Debtor the Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, any remedy at law may prove to be inadequate relief to the Lender. Debtor therefore ; therefore, the Borrower agrees that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 9 contracts

Samples: Loan and Security Agreement (Trulieve Cannabis Corp.), Loan and Security Agreement (Trulieve Cannabis Corp.), Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

Equitable Relief. Debtor Borrower recognizes that in the event Debtor Borrower fails to pay, perform, observe, or discharge any of its Obligations or all liabilities under this Agreement, in certain cases no remedy of the Indebtedness, any remedy at law may prove to be inadequate will provide adequate relief to Lender. Debtor therefore agrees that Lender, if and Lender so requests, shall be is entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 8 contracts

Samples: Loan and Security Agreement (Physician Health Corp), Loan and Security Agreement (Physician Health Corp), Loan and Security Agreement (U S Diagnostic Inc)

Equitable Relief. Debtor The Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any obligations or all of the Indebtednessliabilities under this Agreement, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, the Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damagesdamages and the granting of any such relief shall not preclude the Lender from pursuing any other relief or remedies for such breach.

Appears in 5 contracts

Samples: Credit Agreement (Lawson Products Inc/New/De/), Credit Agreement (Lawson Products Inc/New/De/), Credit Agreement (Lawson Products Inc/New/De/)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damagesdamages and the granting of any such relief shall not preclude Lender from pursuing any other relief or remedies for such breach.

Appears in 5 contracts

Samples: Credit Agreement (Midland States Bancorp, Inc.), Loan Agreement (BankFinancial CORP), Loan Agreement (German American Bancorp)

Equitable Relief. Debtor Each Borrower recognizes that that, in the event Debtor any Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, any remedy at law may prove to be inadequate relief to the Lender. Debtor therefore ; therefore, each Borrower agrees that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 4 contracts

Samples: Term Loan and Security Agreement (Summit Healthcare REIT, Inc), Term Loan and Security Agreement (Summit Healthcare REIT, Inc), Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, any Lender’s remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any if Lender proves its entitlement to such case without the necessity of proving actual damagesequitable relief.

Appears in 4 contracts

Samples: Credit Agreement (Arista Power, Inc.), Amended and Restated Credit Agreement (Arista Power, Inc.), Credit Agreement (Arista Power, Inc.)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore Bank; therefore, Borrower agrees that LenderBank, if Lender Bank so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 3 contracts

Samples: Financing Agreement (EQM Technologies & Energy, Inc.), Financing Agreement (EQM Technologies & Energy, Inc.), Financing Agreement (OVERSTOCK.COM, Inc)

Equitable Relief. Debtor Each Borrower recognizes that in the event Debtor any Borrower fails to pay, perform, observe, or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to the Lender. Debtor Each Borrower therefore agrees that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 2 contracts

Samples: Credit Agreement (Transcoastal Marine Services Inc), Credit Agreement (Transcoastal Marine Services Inc)

Equitable Relief. Debtor The Borrower recognizes that that, in the event Debtor the Borrower fails to pay, perform, observe, observe or discharge any or all of the Indebtednessits Obligations under this Agreement, any remedy at law may prove to be inadequate relief to the Lender. Debtor therefore ; therefore, the Borrower agrees that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 2 contracts

Samples: Loan Agreement (Advanced Business Sciences Inc/De), Loan Agreement (Advanced Business Sciences Inc/De)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Diversicare Healthcare Services, Inc.), Term Loan and Security Agreement (Diversicare Healthcare Services, Inc.)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of liabilities under the IndebtednessFinancing Agreements, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damagesdamages and the granting of any such relief shall not preclude Lender from pursuing any other relief or remedies for such breach.

Appears in 2 contracts

Samples: Loan Agreement (MSG Spinco, Inc.), Loan Agreement (Madison Square Garden Co)

Equitable Relief. Debtor recognizes that in the event Debtor fails to pay, perform, observe, observe or discharge any or all of the Indebtedness, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 2 contracts

Samples: Loan and Security Agreement (Enova International, Inc.), Loan and Security Agreement (Enova International, Inc.)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all liabilities under this Agreement, the Note or any of the Indebtednessother Loan Documents, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan and Security Agreement (Trans Leasing International Inc), Loan and Security Agreement (Trans Leasing International Inc)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore the Lender and, accordingly, each Borrower agrees that each of the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual irreparable damages.

Appears in 1 contract

Samples: Loan Agreement (Network Imaging Corp)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of liabilities under this Agreement or the IndebtednessNote, any remedy at law may prove to be inadequate relief to the Lender. Debtor therefore ; therefore, Borrower agrees that Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan and Security Agreement (Vistana Inc)

Equitable Relief. Debtor Borrower recognizes that in the event Debtor Borrower fails to pay, perform, observe, or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to Lender. Debtor Borrower therefore agrees that Lender, if Lender so requestsrequests and such request is granted by the court, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Credit and Security Agreement (AmeriHome, Inc.)

Equitable Relief. Debtor Borrowers recognizes that in the event Debtor fails Borrowers fail to pay, perform, observe, or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to Lender. Debtor Borrowers therefore agrees agree that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Credit Agreement (Direct Digital Holdings, Inc.)

Equitable Relief. Debtor recognizes Borrowers recognize that in the event Debtor fails Borrowers fail to pay, perform, observe, or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to Lender. Debtor Borrowers therefore agrees agree that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan Agreement (Ascendant Solutions Inc)

Equitable Relief. Debtor Each Borrower recognizes that in the event Debtor any Borrower fails to pay, perform, observe, or discharge any of its Obligations or all liabilities under this Agreement, no remedy of the Indebtedness, any remedy at law may prove to be inadequate will provide adequate relief to Lender. Debtor therefore , and each Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan and Security Agreement (Occupational Health & Rehabilitation Inc)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all liabilities under this Note or any of the Indebtednessother Loan Documents, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Ednet Inc

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor ---------------- Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan and Security Agreement (Visual Numerics Inc)

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Equitable Relief. Debtor The Borrower recognizes that that, in the event Debtor the Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, or any other Loan Document, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, Borrower agrees to the extent permitted by applicable law, that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damagesirreparable harm.

Appears in 1 contract

Samples: Loan and Security Agreement (Mercury Inc)

Equitable Relief. Debtor Each Borrower recognizes that in the event Debtor any Borrower fails to pay, perform, observe, or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to the Lender. Debtor The Borrowers therefore agrees agree that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan Agreement (Marcum Natural Gas Services Inc/New)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor the Borrower fails to pay, perform, observe, observe or discharge any or all of the IndebtednessBorrower’s Obligations, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore Lender and Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Financing Agreement (Vanguard Car Rental Group Inc.)

Equitable Relief. Debtor Borrower recognizes that in the event Debtor Borrower fails to pay, perform, observe, or discharge any of its Obligations or all liabilities under this Agreement, no remedy of the Indebtedness, any remedy at law may prove to be inadequate will provide adequate relief to Lender. Debtor therefore , and Borrower agrees that Lender, if and Borrower agrees that Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan and Security Agreement (Clixhealth Com Inc)

Equitable Relief. Debtor recognizes The Borrowers recognize that in the event Debtor fails the Borrowers fail to pay, perform, observe, or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to the Lender. Debtor The Borrowers therefore agrees agree that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan Agreement (Integrated Performance Systems Inc)

Equitable Relief. Debtor Borrower recognizes that in the event Debtor that, if Borrower fails to pay, perform, observe, observe or discharge any or all of the Indebtedness, Borrower’s Obligations under this Agreement and any remedy at law may prove to be inadequate relief to Lender. Debtor therefore agrees that Lender, if then Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Credit Agreement (Comstock Homebuilding Companies, Inc.)

Equitable Relief. Debtor The Borrower recognizes that that, in the event Debtor ---------------- it fails to pay, perform, observe, observe or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to the Lender. Debtor The Borrower therefore agrees that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Credit Agreement (Earthwatch Inc)

Equitable Relief. Debtor Borrower recognizes that in the event Debtor fails Borrower 1ili1s to pay, perform, observe, or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to Lender. Debtor Borrower therefore agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan Agreement (Sielox Inc)

Equitable Relief. Debtor The Borrower recognizes that in the event Debtor the ---------------- Borrower fails to pay, perform, observe, observe or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to the Lender. Debtor The Borrower therefore agrees that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damagesin accordance with applicable law.

Appears in 1 contract

Samples: Loan Agreement (Eastgroup Properties Inc)

Equitable Relief. Debtor Borrower recognizes that that, in the event Debtor Borrower fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without and the necessity granting of proving actual damagesany such relief shall not preclude Lender from pursuing any other relief or remedies for such breach.

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Products Corp /De/)

Equitable Relief. Debtor The Borrower recognizes that that, in the event Debtor that it fails to pay, perform, observe, observe or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, or any other Loan Document, any remedy at law may prove to be inadequate relief to Lender. Debtor therefore ; therefore, the Borrower agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan and Security Agreement (American Communications Services Inc)

Equitable Relief. Each Debtor recognizes that in the event any Debtor fails to pay, perform, observe, or discharge any or all of the Indebtedness, any remedy at law may prove to be inadequate relief to Lender. Each Debtor therefore agrees that Lender, if Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan Agreement (Onstream Media CORP)

Equitable Relief. Debtor The Borrower recognizes that in the event Debtor the Borrower fails to pay, perform, observe, or discharge any or all of the Indebtednessobligations, any remedy at law may prove to be inadequate relief to the Lender. Debtor The Borrower therefore agrees that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan Agreement (Imperial Petroleum Recovery Corp)

Equitable Relief. Debtor Borrower recognizes that in the event Debtor Borrower fails to pay, perform, observe, or discharge any or all of the IndebtednessObligations, any remedy at law may prove to be inadequate relief to LenderLenders. Debtor Borrower therefore agrees that LenderLenders, if Lender Administrative Agent so requests, shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Credit and Security Agreement (loanDepot, Inc.)

Equitable Relief. Debtor The Borrower recognizes that in the event Debtor it fails to pay, perform, observe, or discharge any of its obligations or all of the Indebtednessliabilities under this Agreement, any remedy at law may prove to be inadequate relief to the Lender. Debtor therefore ; therefore, the Borrower agrees that the Lender, if the Lender so requests, shall be entitled to temporary and permanent injunctive relief in any such the case without the necessity of proving actual damages.

Appears in 1 contract

Samples: Loan Agreement (Lm Funding America, Inc.)

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