Common use of Certain Other Remedies Clause in Contracts

Certain Other Remedies. Notwithstanding the terms of this Section 10.2 or any provision to the contrary in the Arbitration Rules, at any time before and after arbitration is initiated pursuant to the Arbitration Rules, the parties shall be free to apply to any court of competent jurisdiction for interim or conservatory measures (including temporary conservatory injunctions). The parties acknowledge and agree that any such action by a party shall not be deemed to be a breach of such party's obligation to arbitrate all disputes under this Section 10.2 or infringe upon the powers of any arbitrator. The parties hereby consent to the non-exclusive jurisdiction of the U.S. District Court for the District of Minnesota.

Appears in 2 contracts

Sources: License and Asset Purchase Agreement (Global Maintech Corp), License and Asset Purchase Agreement (Infinite Graphics Inc)

Certain Other Remedies. Notwithstanding the terms of this Section 10.2 11.2 or any provision to the contrary in the Arbitration Rules, at any time before and after arbitration is initiated pursuant to the Arbitration Rules, the parties shall be free to apply to any court of competent jurisdiction for interim or conservatory measures (including temporary conservatory injunctions). The parties acknowledge and agree that any such action by a party shall not be deemed to be a breach of such party's obligation to arbitrate all disputes under this Section 10.2 11.2 or infringe upon the powers of any arbitrator. The parties hereby consent to the non-exclusive jurisdiction of the U.S. District Court for the District of Minnesota.

Appears in 1 contract

Sources: License and Asset Purchase Agreement (Global Maintech Corp)