Common use of Specific Performance and Remedies Clause in Contracts

Specific Performance and Remedies. (a) The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed by them in accordance with the terms hereof or were otherwise breached and that each party hereto shall be entitled to an injunction or injunctions to prevent breaches of the provisions of this Agreement and to enforce specifically the provisions of this Agreement (without any requirement to post any bond or other security in connection with seeking such relief), in addition to any other remedy at law or equity, exclusively in the Delaware Court of Chancery and any state appellate court therefrom within the State of Delaware (or, if the Delaware Court of Chancery declines to accept jurisdiction over a particular matter, any state or federal court within the State of Delaware). The parties hereto agree not to raise any objections to the availability of the equitable remedy of specific performance to prevent or restrain breaches of this Agreement by the Company, the FFC Funds, and the Stockholders’ Representative, on the one hand, and to prevent or restrain breaches of this Agreement by Buyer, MergerCo, or MPT TRS Entity, on the other hand, and to specifically enforce the terms and provisions of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations of the parties under this Agreement. Each of the parties hereto hereby irrevocably submits with regard to any such action or proceeding relating to this Section 11.9, for itself and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and agrees that it will not bring any action relating to this Section 11.9 in any court other than the aforesaid courts. For purposes of this Section 11.9, each of the parties hereto hereby consents to service of process in accordance with the terms of Section 11.8 of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Medical Properties Trust Inc)

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Specific Performance and Remedies. (a) The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed by them in accordance with the their specific terms hereof or were otherwise breached and breached. It is accordingly agreed that each party hereto the parties shall be entitled to seek an injunction or injunctions to prevent breaches of the provisions of this Agreement and to specifically enforce specifically the terms and provisions of this Agreement (without any requirement to post any bond or other security in connection with seeking such relief), in addition to any other remedy to which any party is entitled at law or in equity, exclusively in the Delaware Chancery Court of Chancery and any state appellate court therefrom within the State of Delaware (or, if the Delaware Chancery Court of Chancery declines to accept jurisdiction over a particular mattershall be unavailable, any state other court of the State of Delaware or federal any Federal court within sitting in the State of Delaware). The parties hereto agree not to raise any objections to the availability of the equitable remedy of specific performance to prevent or restrain breaches of this Agreement by the Company, the FFC Funds, and the Stockholders’ Representative, on the one hand, and to prevent or restrain breaches of this Agreement by Buyer, MergerCo, Acquiror or MPT TRS EntityMerger Sub, on the other hand, and to specifically enforce the terms and provisions of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations of the parties under this Agreement. Each of the parties hereto hereby irrevocably submits with regard to any such action or proceeding relating to this Section 11.9, for itself and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and agrees that it will not bring oppose the granting of an injunction, specific performance and other equitable relief on the basis that the other parties have an adequate remedy at law or an award of specific performance is not an appropriate remedy for any action relating reason at law or equity. Any party seeking an injunction or injunctions to this Section 11.9 in any court other than the aforesaid courts. For purposes prevent breaches of this Section 11.9, each of the parties hereto hereby consents Agreement and to service of process in accordance with enforce specifically the terms of Section 11.8 and provisions of this AgreementAgreement shall not be required to provide any bond or other security in connection with any such order or injunction.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Albany Molecular Research Inc)

Specific Performance and Remedies. (a) The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed by them in accordance with the their specific terms hereof or were otherwise breached and breached. It is accordingly agreed that each party hereto the parties shall be entitled to seek an injunction or injunctions to prevent breaches of the provisions of this Agreement and to specifically enforce specifically the terms and provisions of this Agreement (without any requirement to post any bond or other security in connection with seeking such relief), in addition to any other remedy to which any party is entitled at law or in equity, exclusively in the Delaware Chancery Court of Chancery and any state appellate court therefrom within the State of Delaware (or, if the Delaware Chancery Court of Chancery declines to accept jurisdiction over a particular mattershall be unavailable, any state other court of the State of Delaware or federal any Federal court within sitting in the State of Delaware). The parties hereto agree not to raise any objections to the availability of the equitable remedy of specific performance to prevent or restrain breaches of this Agreement by the Company, the FFC Funds, and the Stockholders’ Representative, on the one hand, and to prevent or restrain breaches of this Agreement by Buyer, MergerCo, or MPT TRS EntityPurchaser, on the other hand, and to specifically enforce the terms and provisions of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations of the parties under this Agreement. Each of the parties hereto hereby irrevocably submits with regard to any such action or proceeding relating to this Section 11.9, for itself and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and agrees that it will not bring oppose the granting of an injunction, specific performance and other equitable relief on the basis that the other parties have an adequate remedy at law or an award of specific performance is not an appropriate remedy for any action relating reason at law or equity. Any party seeking an injunction or injunctions to this Section 11.9 in any court other than the aforesaid courts. For purposes prevent breaches of this Section 11.9, each of the parties hereto hereby consents Agreement and to service of process in accordance with enforce specifically the terms of Section 11.8 and provisions of this AgreementAgreement shall not be required to provide any bond or other security in connection with any such order or injunction.

Appears in 1 contract

Samples: Asset Purchase Agreement (Plug Power Inc)

Specific Performance and Remedies. (a) The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed by them in accordance with the their specific terms hereof or were otherwise breached and breached. It is accordingly agreed that each party hereto the parties shall be entitled to seek an injunction or injunctions to prevent breaches of the provisions of this Agreement and to specifically enforce specifically the terms and provisions of this Agreement (without any requirement to post any bond or other security in connection with seeking such relief), in addition to any other remedy to which any party is entitled at law or in equity, exclusively in the Delaware Court of Chancery and any state appellate court therefrom within of the State of Delaware (or, if the Delaware Court of Chancery declines to accept jurisdiction over a particular matterno such court shall be available, any state or federal Federal court within sitting in the State of Delaware). The parties hereto agree not to raise any objections to the availability of the equitable remedy of specific performance to prevent or restrain breaches of this Agreement by the Company, the FFC Funds, and the Stockholders’ Representative, on the one hand, and to prevent or restrain breaches of this Agreement by BuyerParent, MergerCo, Ultimate Parent or MPT TRS EntityMerger Sub, on the other hand, and to specifically enforce the terms and provisions of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations of the parties under this Agreement. Each of the parties hereto hereby irrevocably submits with regard to any such action or proceeding relating to this Section 11.9, for itself and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and agrees that it will not bring oppose the granting of an injunction, specific performance and other equitable relief on the basis that the other parties have an adequate remedy at law or an award of specific performance is not an appropriate remedy for any action relating reason at law or equity. Any party seeking an injunction or injunctions to this Section 11.9 in any court other than the aforesaid courts. For purposes prevent breaches of this Section 11.9, each of the parties hereto hereby consents Agreement and to service of process in accordance with enforce specifically the terms of Section 11.8 and provisions of this AgreementAgreement shall not be required to provide any bond or other security in connection with any such order or injunction.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Atlassian Corp PLC)

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Specific Performance and Remedies. (a) The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed by them in accordance with the their specific terms hereof or were otherwise breached and breached. It is accordingly agreed that each party hereto the parties shall be entitled to seek an injunction or injunctions to prevent breaches of the provisions of this Agreement and to specifically enforce specifically the terms and provisions of this Agreement (without any requirement to post any bond or other security in connection with seeking such relief), in addition to any other remedy to which any party is entitled at law or in equity, exclusively in the Delaware Chancery Court of Chancery and any state appellate court therefrom within the State of Delaware (or, if the Delaware Chancery Court of Chancery declines to accept jurisdiction over a particular mattershall be unavailable, any state other court of the State of Delaware or federal any Federal court within sitting in the State of Delaware). The parties hereto agree not to raise any objections to the availability of the equitable remedy of specific performance to prevent or restrain breaches of this Agreement by the Company, the FFC Funds, Company and the Stockholders’ RepresentativeSellers, on the one hand, and to prevent or restrain breaches of this Agreement by Buyer, MergerCo, or MPT TRS EntityAcquiror, on the other hand, and to specifically enforce the terms and provisions of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations of the parties under this Agreement. Each of the parties hereto hereby irrevocably submits with regard to any such action or proceeding relating to this Section 11.9, for itself and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and agrees that it will not bring oppose the granting of an injunction, specific performance and other equitable relief on the basis that the other parties have an adequate remedy at law or an award of specific performance is not an appropriate remedy for any action relating reason at law or equity. Any party seeking an injunction or injunctions to this Section 11.9 in any court other than the aforesaid courts. For purposes prevent breaches of this Section 11.9, each of the parties hereto hereby consents Agreement and to service of process in accordance with enforce specifically the terms of Section 11.8 and provisions of this AgreementAgreement shall not be required to provide any bond or other security in connection with any such order or injunction.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (COURIER Corp)

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