Common use of No Adequate Remedy Clause in Contracts

No Adequate Remedy. The parties acknowledge 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, in the event of a claim for equitable relief, each party hereby waives the claim or defense that the other has an adequate remedy at law.

Appears in 8 contracts

Samples: Employment Agreement (Eltrax Systems Inc), Employment and Non Competition Agreement (Eltrax Systems Inc), Employment and Non Competition Agreement (Eltrax Systems Inc)

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No Adequate Remedy. The parties acknowledge 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, in the event of a claim for equitable relief, each party hereby waives the claim or defense that the other has an adequate remedy at law. 7.2.

Appears in 3 contracts

Samples: Employment and Non Competition Agreement (Eltrax Systems Inc), Employment and Non Competition Agreement (Eltrax Systems Inc), Employment and Non Competition Agreement (Eltrax Systems Inc)

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No Adequate Remedy. The parties acknowledge 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, in the event of a claim for equitable relief, each party hereby waives the claim or defense that the other has an adequate remedy at law.

Appears in 1 contract

Samples: Employment Agreement (Eltrax Systems Inc)

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