Remedy in the Event of a Breach Sample Clauses

The "Remedy in the Event of a Breach" clause defines the actions or compensation available to a party if the other party fails to fulfill their contractual obligations. Typically, this clause outlines specific remedies such as the right to demand performance, seek damages, or terminate the agreement, depending on the nature and severity of the breach. Its core function is to provide a clear framework for addressing breaches, ensuring that both parties understand the consequences and available recourse, thereby reducing uncertainty and potential disputes.
Remedy in the Event of a Breach. In the event you breach any portion of this Release, you shall immediately, upon written demand, return to the Company all monies paid to you pursuant to paragraph 4(B) of the Agreement, and the Company shall retain all rights to pursue legal and equitable remedies to: (a) enforce the terms of this Release, and/or (b) seek damages for any breach.
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Remedy in the Event of a Breach. In the event you breach any portion, or challenge the enforceability, of this Release, Appendix A of the Equity Awards, or the Restrictive Covenant Agreement, you shall immediately, upon written demand, return to the Company all monies paid to you pursuant to the Agreement (except the payment(s) set forth in paragraphs 4(A) and 4(C) of the Agreement) and the Company shall retain all rights to pursue legal and equitable remedies to: (i) enforce the terms of the Agreement, this Release, the Equity Awards, and the Restrictive Covenant Agreement, (ii) recover attorneys’ fees, expenses and costs the Company incurs in connection with any such action, and/or (iii) recover any and all other damages to which the Company may be entitled at law or in equity as a result of a breach of this Release, the Agreement, the Equity Awards or the Restrictive Covenant Agreement.
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Remedy in the Event of a Breach. In the event you breach any material portion of this Final Release, you shall immediately, upon written demand, return to the Company all monies paid to you pursuant to this Final Release, and the Company shall retain all rights to pursue legal and equitable remedies to: (a) enforce the terms of this Final Release, and/or (b) seek damages for any breach. The prevailing party in connection with any effort to enforce the terms of this Final Release or enforce (or resist enforcement of) the first sentence of this Paragraph 7 shall also be entitled to the payment of reasonable legal fees and the costs of litigation from the non-prevailing party.
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Remedy in the Event of a Breach. In the event of any breach of this Agreement, the Parties shall retain all rights to pursue legal and equitable remedies to: (a) enforce the terms of this Agreement, and/or (b) seek damages for any breach. In addition, in the event of any beach of this Agreement or the Non-Solicitation Agreement incorporated by reference by Paragraph 10, in addition to and without limiting any other available remedies, the Company’s obligation to make any remaining payments or provide any additional benefits under Paragraph 3.A. of this Agreement shall immediately end. In the event of any proceeding to enforce a breach of this Agreement, the prevailing party shall recover his or its attorneys’ fees and costs incurred in connection with such proceeding.
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Related to Remedy in the Event of a Breach

  • Default Breach Remedies See Addendum 13.1

  • Actions in Event of Breach Upon Contractor’s material breach, the Department may:  terminate this contract under Section 17.1 and pursue any of its remedies under this contract, at law, or in equity; or  treat this contract as materially breached and pursue any of its remedies under this contract, at law, or in equity. Upon the Department’s material breach, Contractor may:  terminate this contract under Section 17.2 and pursue any of its remedies under this contract, at law, or in equity; or  treat this contract as materially breached and, except as the remedy is limited in this contract, pursue any of its remedies under this contract, at law, or in equity.

  • Actions Upon Breach Should any Second Priority Representative or any Second Priority Debt Party, contrary to this Agreement, in any way take, attempt to take or threaten to take any action with respect to the Shared Collateral (including any attempt to realize upon or enforce any remedy with respect to this Agreement) or fail to take any action required by this Agreement, any Senior Representative or other Senior Secured Party (in its or their own name or in the name of the Borrower or any other Grantor) or the Borrower may obtain relief against such Second Priority Representative or such Second Priority Debt Party by injunction, specific performance or other appropriate equitable relief. Each Second Priority Representative, on behalf of itself and each Second Priority Debt Party under its Second Priority Facility, hereby (i) agrees that the Senior Secured Parties’ damages from the actions of the Second Priority Representatives or any Second Priority Debt Party may at that time be difficult to ascertain and may be irreparable and waives any defense that the Borrower, any other Grantor or the Senior Secured Parties cannot demonstrate damage or be made whole by the awarding of damages and (ii) irrevocably waives any defense based on the adequacy of a remedy at law and any other defense that might be asserted to bar the remedy of specific performance in any action that may be brought by any Senior Representative or any other Senior Secured Party.

  • Breach; Remedies Notwithstanding anything to the contrary in this Agreement, the Participant agrees and acknowledges that the breach of this Section would cause substantial loss to the goodwill of the Company and/or its Affiliates, and cause irreparable harm for which there is no adequate remedy at law. Further, because the Participant’s employment with the Employer is personal and unique, because damages alone would not be an adequate remedy and because of the Participant’s access to the Confidential Information, the Company and/or its Affiliates shall have the right to enforce this Section, including any of its provisions, by injunction, specific performance, or other equitable relief, without having to post bond or prove actual damages, and without prejudice to any other rights and remedies that the Company and/or its Affiliates may have for a breach of this Section, including, without limitation, money damages. The Participant agrees and acknowledges that notwithstanding the arbitration provisions in this Agreement, the Company may elect to file and pursue claims which arise from or relate to the Participant’s actual or threatened breaches of this Section in state or federal court of competent jurisdiction. The Participant shall be liable to pay all costs, including reasonable attorneys’ and experts’ fees and expenses, that the Company and/or its Affiliates may incur in enforcing or defending this Section, whether or not litigation is actually commenced and including litigation of any appeal taken or defended by the Company and/or its Affiliates where the Company and/or its Affiliates succeed in enforcing any provision of this Section.

  • Default; Breach A “Default” is defined as a failure by the Lessee to comply with or perform any of the terms, covenants, conditions or Rules and Regulations under this Lease. A “Breach” is defined as the occurrence of one or more of the following Defaults, and the failure of Lessee to cure such Default within any applicable grace period: