Common use of Remedies and Injunctive Relief Clause in Contracts

Remedies and Injunctive Relief. The Consultant acknowledges that a violation by the Consultant of any of the covenants contained in Sections 6, 7 or 8 would cause immeasurable and irreparable damage to Parent and the Company in an amount that would be material but not readily ascertainable, and that any remedy at law (including the payment of damages) would be inadequate. Accordingly, the Consultant agrees that, notwithstanding any provision of this Agreement to the contrary, Parent and the Company shall be entitled (without the necessity of showing economic loss or other actual damage) to injunctive relief (including temporary restraining orders, preliminary injunctions and/or permanent injunctions) in any court of competent jurisdiction for any actual or threatened breach of any of the covenants set forth in Sections 6, 7 or 8 in addition to any other legal or equitable remedies it may have. The preceding sentence shall not be construed as a waiver of the rights that Parent and the Company may have for damages under this Agreement or otherwise, and all of Parent’s and the Company’s rights shall be unrestricted.

Appears in 4 contracts

Samples: Employment, Consulting and Noncompetition Agreement, Employment, Consulting and Noncompetition Agreement (Superior Financial Corp /Ar/), Employment, Consulting and Noncompetition Agreement (Superior Financial Corp /Ar/)

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Remedies and Injunctive Relief. The Consultant acknowledges that a violation by the Consultant of any of the covenants contained in Sections Section 5, 6, 7 7, 8 or 8 9 would cause immeasurable and irreparable damage to Parent and the Company in an amount that would be material but not readily ascertainable, and that any remedy at law (including the payment of damages) would be inadequate. Accordingly, the Consultant agrees that, notwithstanding any provision of this Agreement to the contrary, Parent and the Company shall be entitled (without the necessity of showing economic loss or other actual damage) to seek injunctive relief (including temporary restraining orders, preliminary injunctions and/or permanent injunctions) in any court of competent jurisdiction for any actual or threatened breach of any of the covenants set forth in Sections Section 5, 6, 7 7, 8 or 8 9 in addition to any other legal or equitable remedies it may have. The preceding sentence shall not be construed as a waiver of the rights that Parent and the Company may have for damages under this Agreement or otherwise, and all of Parent’s and the Company’s rights shall be unrestricted.

Appears in 3 contracts

Samples: Amended and Restated Consulting Agreement (Hemisphere Media Group, Inc.), Amended and Restated Consulting Agreement (Hemisphere Media Group, Inc.), Consulting Agreement (Hemisphere Media Group, Inc.)

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