Common use of Remedies and Relief Clause in Contracts

Remedies and Relief. Each Party hereto acknowledges and agrees that any breach of this Agreement would result in substantial harm to the other Parties hereto for which monetary damages alone could not adequately compensate. Therefore, the Parties hereto unconditionally and irrevocably agree that any non-breaching Party hereto shall be entitled to seek protective orders, injunctive relief and other remedies available at law or in equity (including seeking specific performance or the rescission of issuances, grants, purchases, sales and other transfers not made in strict compliance with this Agreement). The breaching Party must pay all costs reasonably incurred by the non-breaching Party in pursuing enforcement, including reasonable attorneys’ fees and court costs, but only if the non-breaching Party is successful in the enforcement action.

Appears in 2 contracts

Samples: License Agreement (Lexaria Bioscience Corp.), Investment Agreement (Lexaria Bioscience Corp.)

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Remedies and Relief. Each Party hereto acknowledges and agrees that any breach of this Agreement would result in substantial harm to the other Parties hereto for which monetary damages alone could not adequately compensate. Therefore, the Parties hereto unconditionally and irrevocably agree that any non-breaching Party hereto shall be entitled to seek protective orders, injunctive relief and other remedies available at law or in equity (including seeking specific performance or the rescission of issuances, grants, purchases, sales and other transfers not made in strict compliance with this Agreement). The breaching Party must pay all costs reasonably incurred by the non-breaching Party in pursuing enforcement, including reasonable attorneys’ fees and court costs, but only if the non-non- breaching Party is successful in the enforcement action.

Appears in 1 contract

Samples: License Agreement

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Remedies and Relief. Each Party party hereto acknowledges and agrees that any breach of this Agreement would result in substantial harm to the other Parties parties hereto for which monetary damages alone could not adequately compensate. Therefore, the Parties parties hereto unconditionally and irrevocably agree that any non-breaching Party party hereto shall be entitled to seek protective orders, injunctive relief and other remedies available at law or in equity (including seeking specific performance or the rescission of issuances, grants, purchases, sales and other transfers not made in strict compliance with this Agreement). The breaching Party party must pay all costs reasonably incurred by the non-breaching Party party in pursuing enforcement, including reasonable attorneys’ fees and court costs, but only if the non-breaching Party party is successful in the enforcement action.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lexaria Bioscience Corp.)

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