Common use of Irreparable Injury Clause in Contracts

Irreparable Injury. Each Party acknowledges and agrees that each covenant in this Agreement pertaining to confidential information and ownership of intellectual property is reasonable and necessary to protect and preserve the rights of the other Party in its confidential information and intellectual property, and that any breach by such Party of the terms of this Agreement may result in irreparable injury to the other Party. Each Party, therefore, subject to a claim of laches, estoppel, acquiescence or other delay in seeking relief, consents and agrees that the other Party shall be entitled to seek and obtain a temporary restraining order and a permanent injunction to prevent a breach or contemplated breach of this Agreement and waives any requirement that the other Party post a bond in connection with seeking such injunctive relief.

Irreparable Injury. Each Party party acknowledges and agrees that each covenant in this Agreement pertaining to confidential information and and/or ownership of intellectual property is reasonable and necessary to protect and preserve the rights of the other Party party in its confidential information and and/or intellectual property, and that any breach by such Party party of the terms of this Agreement may result in irreparable injury to the other Partyparty. Each Partyparty, therefore, subject to a claim of laches, estoppel, acquiescence or other delay in seeking relief, consents and agrees that the other Party party shall be entitled to seek and obtain a temporary restraining order and a permanent injunction to prevent a breach or contemplated breach of this Agreement and waives any requirement that the other Party party post a bond in connection with seeking such injunctive relief.

Irreparable Injury. Each Party party acknowledges and agrees that each covenant in this Agreement pertaining to confidential information and ownership of intellectual property is reasonable and necessary to protect and preserve the rights of the other Party party in its confidential information and intellectual property, and that any breach by such Party party of the terms of this Agreement may result in irreparable injury to the other Partyparty. Each Partyparty, therefore, subject to a claim of laches, estoppel, acquiescence or other delay in seeking relief, consents and agrees that the other Party party shall be entitled to seek and obtain a temporary restraining order and a permanent injunction to prevent a breach or contemplated breach of this Agreement and waives any requirement that the other Party party post a bond in connection with seeking such injunctive relief.