Common use of No Adequate Remedy Clause in Contracts

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 35 contracts

Sources: Indemnification Agreement (Intelligent Protection Management Corp.), Indemnification Agreement (Global Technologies LTD), Indemnification Agreement (Eightco Holdings Inc.)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this AgreementAgreement and therefore injunctive relief is appropriate. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 33 contracts

Sources: Executive Employment Agreement (Ceridian Corp /De/), Executive Employment Agreement (Comdata Network, Inc. Of California), Executive Employment Agreement (Comdata Network, Inc. Of California)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party person against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 19 contracts

Sources: Executive Employment Agreement (Axon Enterprise, Inc.), Executive Employment Agreement (Axon Enterprise, Inc.), Executive Employment Agreement (Axon Enterprise, Inc.)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 14 contracts

Sources: Executive Employment Agreement (Ceridian Corp), Executive Employment Agreement (Ceridian Corp), Executive Employment Agreement (Ceridian Corp)

No Adequate Remedy. The parties declare that acknowledge it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either in the event of a claim for equitable relief, each party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 11 contracts

Sources: Employment Agreement (Eltrax Systems Inc), Employment Agreement (Eltrax Systems Inc), Employment Agreement (Eltrax Systems Inc)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party person against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 10 contracts

Sources: Employment Agreement (Intercallnet Inc), Employment Agreement (Intercallnet Inc), Employment Agreement (Intercallnet Inc)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which that will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party person against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 10 contracts

Sources: Executive Employment Agreement (Guardian 8 Holdings), Executive Employment Agreement (Guardian 8 Holdings), Executive Employment Agreement (Guardian 8 Holdings)

No Adequate Remedy. The parties declare that it is impossible to accurately measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such other than a claim by Executive for a payment pursuant to Section 4 of this Agreement, the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge assert in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 8 contracts

Sources: Executive Employment Agreement (PetVivo Holdings, Inc.), Executive Employment Agreement (PetVivo Holdings, Inc.), Executive Employment Agreement (PetVivo Holdings, Inc.)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such the other party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 7 contracts

Sources: Indemnification Agreement (Natural Health Trends Corp), Indemnification Agreement (Intellect Neurosciences, Inc.), Indemnification Agreement (Sinohub, Inc.)

No Adequate Remedy. The parties declare acknowledge that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such the party against whom such action or proceeding is brought hereby waives the claim or defense that the party bringing such party action has an adequate remedy at law, and such the party against whom the action is brought shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 6 contracts

Sources: Indemnification Agreement (Ferrellgas Partners Finance Corp), Indemnification Agreement (First Mercury Financial Corp), Indemnification Agreement (First Mercury Financial Corp)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this AgreementAgreement and therefore injunctive relief is appropriate. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 5 contracts

Sources: Executive Employment Agreement (Odyssey Marine Exploration Inc), Executive Employment Agreement (Odyssey Marine Exploration Inc), Executive Employment Agreement (Odyssey Marine Exploration Inc)

No Adequate Remedy. The parties declare that it is impossible to accurately measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such other than a claim by Executive for a payment pursuant to paragraph 4.4, the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge assert in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 4 contracts

Sources: Executive Employment Agreement (PetVivo Holdings, Inc.), Executive Employment Agreement (PetVivo Holdings, Inc.), Executive Employment Agreement (PetVivo Holdings, Inc.)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party person against whom who such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 4 contracts

Sources: Employment Contract (United Grocers Inc /Or/), Employment Agreement (United Grocers Inc /Or/), Employment Agreement (United Grocers Inc /Or/)

No Adequate Remedy. The parties declare acknowledge that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such the party against whom such action or proceeding is brought hereby waives the claim or defense that the party bringing such party action has an adequate remedy at law, and such the party against whom the action is brought shall not urge assert in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 4 contracts

Sources: Indemnification Agreement (Peaches Entertainment Corp), Indemnification Agreement (Peaches Entertainment Corp), Indemnification Agreement (Urt Industries Inc)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which that will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 3 contracts

Sources: Indemnification Agreement (Southwest Casino Corp), Indemnification Agreement (Southwest Casino Corp), Indemnification Agreement (Southwest Casino Corp)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, hereof such party person against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 2 contracts

Sources: Executive Employment Agreement (August Technology Corp), Executive Employment Agreement (August Technology Corp)

No Adequate Remedy. The parties declare that it is impossible to accurately measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such other than a claim by Executive for a payment pursuant to paragraph 4.7, the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge assert in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 2 contracts

Sources: Executive Employment Agreement (Ivdesk Holdings, Inc.), Executive Employment Agreement (Ivdesk Holdings, Inc.)

No Adequate Remedy. The parties declare that it is impossible to measure in ------------------ money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim claims or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 1 contract

Sources: Indemnification Agreement (Colonial Commercial Corp)

No Adequate Remedy. The parties declare that it is impossible to ------------------ measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 1 contract

Sources: Indemnification Agreement (Vivid Technologies Inc)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim claims or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 1 contract

Sources: Indemnification Agreement (Ablest Inc)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, hereof such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other party has an adequate remedy at law.

Appears in 1 contract

Sources: Indemnification Agreement (American Science & Engineering, Inc.)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which that will accrue to either party by reason of a failure to perform any of the obligations under this AgreementAgreement and therefore injunctive relief is appropriate. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 1 contract

Sources: Executive Transition Agreement (Arbitron Inc)

No Adequate Remedy. The parties declare that it is impossible to measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall hall institute any action or proceeding to enforce the provisions hereof, such party person against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party person shall not urge in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 1 contract

Sources: Executive Employment Agreement (August Technology Corp)

No Adequate Remedy. The parties declare that it is impossible to accurately measure in money the damages which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute institutes any action or proceeding to enforce the provisions hereof, such the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge assert in any such action or proceeding the claim or defense that the other such party has an adequate remedy at law.

Appears in 1 contract

Sources: Executive Employment Agreement (Purchasesoft Inc)

No Adequate Remedy. The parties declare that it is impossible to accurately measure in money the damages damages, which will accrue to either party by reason of a failure to perform any of the obligations under this Agreement. Therefore, if either party shall institute any action or proceeding to enforce the provisions hereof, such hereof the party against whom such action or proceeding is brought hereby waives the claim or defense that such party has an adequate remedy at law, and such party shall not urge assert in any such action or proceeding the claim or defense defenses that the other such party has an adequate remedy at law.

Appears in 1 contract

Sources: Employment Agreement (Indiginet Inc/Fl)