Common use of Injunctive Relief and Additional Remedies Clause in Contracts

Injunctive Relief and Additional Remedies. The Undersigned acknowledges that the injury that would be suffered by BFST or Oakwood as a result of a breach of the provisions of this Agreement (including any provision of Section 3) would be irreparable and that an award of monetary damages to BFST or Oakwood, as the case may be, for such a breach would be an inadequate remedy. Consequently, each of BFST and ▇▇▇▇▇▇▇ shall have the right, in addition to any other rights it may have, to seek specific performance, to obtain injunctive relief to restrain any proposed or actual breach or threatened breach or otherwise to specifically enforce any provision of this Agreement without the obligation to post bond or other security in seeking such relief. Such equitable remedies are in addition to the right to obtain compensatory and punitive damages and attorney’s fees, and, notwithstanding BFST’s or Oakwood’s, as the case may be, right to so seek damages, the Undersigned waives any defense that an adequate remedy for BFST or Oakwood, as the case may be, exists under law. If the Undersigned, on the one hand, or BFST or Oakwood, on the other hand, must bring suit to enforce this Agreement, the prevailing party shall be entitled to recover its attorneys’ fees and costs related thereto.