Common use of No Adequate Remedy Clause in Contracts

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 33 contracts

Samples: Indemnification Agreement (Eightco Holdings Inc.), Indemnification Agreement (Global Technologies LTD), Indemnification Agreement (Welsbach Technology Metals Acquisition Corp.)

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No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this AgreementAgreement and therefore injunctive relief is appropriate. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 33 contracts

Samples: Employment Agreement (Ceridian Corp /De/), Employment Agreement (Comdata Network, Inc. Of California), Employment Agreement (Ceridian Corp /De/)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party person against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 19 contracts

Samples: Executive Employment Agreement (Axon Enterprise, Inc.), Executive Employment Agreement (Axon Enterprise, Inc.), Executive Employment Agreement (Axon Enterprise, Inc.)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 14 contracts

Samples: Employment and Non Competition Agreement (Eltrax Systems Inc), Employment and Noncompetition Agreement (Winthrop Resources Corp), Employment Agreement (Ceridian Corp)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party person against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 10 contracts

Samples: Employment Agreement (Intercallnet Inc), Employment Agreement (Intercallnet Inc), Employment Agreement (Intercallnet Inc)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which that will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party person against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 10 contracts

Samples: Executive Employment Agreement (Guardian 8 Holdings), Executive Employment Agreement (Guardian 8 Holdings), Executive Employment Agreement (Guardian 8 Holdings)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such the other party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 7 contracts

Samples: Indemnification Agreement (Natural Health Trends Corp), Indemnification Agreement (Intellect Neurosciences, Inc.), Indemnification Agreement (Sinohub, Inc.)

No Adequate Remedy. The parties declare that it is impossible to accurately measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such other than a claim by Executive for a payment pursuant to Section 4 of this Agreement, the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge assert in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 7 contracts

Samples: Executive Employment Agreement (PetVivo Holdings, Inc.), Executive Employment Agreement (PetVivo Holdings, Inc.), Executive Employment Agreement (PetVivo Holdings, Inc.)

No Adequate Remedy. The parties declare acknowledge that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such the party against whom such action or proceeding is brought hereby waives the claim or defense that the party bringing such party action has an adequate remedy at law, and such the party against whom the action is brought shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 6 contracts

Samples: Indemnification Agreement (Ferrellgas Partners Finance Corp), Indemnification Agreement (First Mercury Financial Corp), Indemnification Agreement (First Mercury Financial Corp)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this AgreementAgreement and therefore injunctive relief is appropriate. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 5 contracts

Samples: Employment Agreement (Odyssey Marine Exploration Inc), Employment Agreement (Odyssey Marine Exploration Inc), Employment Agreement (Odyssey Marine Exploration Inc)

No Adequate Remedy. The parties declare acknowledge that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such the party against whom such action or proceeding is brought hereby waives the claim or defense that the party bringing such party action has an adequate remedy at law, and such the party against whom the action is brought shall not urge assert in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 4 contracts

Samples: Indemnification Agreement (Urt Industries Inc), Indemnification Agreement (Urt Industries Inc), Indemnification Agreement (Peaches Entertainment Corp)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party person against whom who such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 4 contracts

Samples: Employment Contract (United Grocers Inc /Or/), Employment Contract (United Grocers Inc /Or/), Employment Contract (United Grocers Inc /Or/)

No Adequate Remedy. The parties declare that it is impossible to accurately measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such other than a claim by Executive for a payment pursuant to paragraph 4.4, the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge assert in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 4 contracts

Samples: Executive Employment Agreement (PetVivo Holdings, Inc.), Executive Employment Agreement (PetVivo Holdings, Inc.), Executive Employment Agreement (PetVivo Holdings, Inc.)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which that will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 3 contracts

Samples: Indemnification Agreement (Southwest Casino Corp), Indemnification Agreement (Southwest Casino Corp), Indemnification Agreement (Southwest Casino Corp)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this AgreementArticle V or Article VI and therefore injunctive relief is appropriate. Therefore, if either party shall institute any action or proceeding to enforce the provisions of Article V or Article VI hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 2 contracts

Samples: Employment Agreement (Ceridian Corp /De/), Executive Employment Agreement (Comdata Network, Inc. Of California)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, hereof such party person against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 2 contracts

Samples: Employment Agreement (August Technology Corp), Executive Employment Agreement (August Technology Corp)

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No Adequate Remedy. The parties declare that it is impossible to accurately measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such other than a claim by Executive for a payment pursuant to paragraph 4.7, the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge assert in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 2 contracts

Samples: Employment Agreement (Ivdesk Holdings, Inc.), Employment Agreement (Ivdesk Holdings, Inc.)

No Adequate Remedy. The parties declare that it is impossible to accurately measure in money the damages damages, which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such hereof the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge assert in any such action or proceeding the claim or defense defenses that the other such party has an adequate remedy at law.

Appears in 1 contract

Samples: Employment Agreement (Indiginet Inc/Fl)

No Adequate Remedy. The parties declare that it is impossible to measure in ------------------ money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim claims or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 1 contract

Samples: Indemnification Agreement (Colonial Commercial Corp)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, hereof such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 1 contract

Samples: Indemnification Agreement (American Science & Engineering, Inc.)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim claims or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 1 contract

Samples: Indemnification Agreement (Ablest Inc)

No Adequate Remedy. The parties declare that it is impossible to ------------------ measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 1 contract

Samples: Indemnification Agreement (Vivid Technologies Inc)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall hall institute any action or proceeding to enforce the provisions hereof, such party person against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 1 contract

Samples: Executive Employment Agreement (August Technology Corp)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which that will accrue to either party by reason of a failure to perform any of the obligations under this AgreementAgreement and therefore injunctive relief is appropriate. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 1 contract

Samples: Transition Agreement (Arbitron Inc)

No Adequate Remedy. The parties declare that it is impossible to accurately measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute institutes any action or proceeding to enforce the provisions hereof, such the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge assert in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 1 contract

Samples: Executive Employment Agreement (Purchasesoft Inc)

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