Example ContractsClausesexhaustion of remediesIdentical
Exhaustion of Remedies
Exhaustion of Remedies contract clause examples

Remedies. The Borrower acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to the Holder, by vitiating the intent and purpose of the transaction contemplated hereby. Accordingly, the Borrower acknowledges that the remedy at law for a breach of its obligations under this Note will be inadequate and agrees, in the event of a breach or threatened breach by the Borrower of the provisions of this Note, that the Holder shall be entitled, in addition to all other available remedies at law or in equity, and in addition to the penalties assessable herein, to an injunction or injunctions restraining, preventing or curing any breach of this Note and to enforce specifically the terms and provisions thereof, without the necessity of showing economic loss and without any bond or other security being required. No provision of this Note shall alter or impair the obligation of the Borrower, which is absolute and unconditional, to pay the principal of, and interest on, this Note at the time, place, and rate, and in the form, herein prescribed.

CONVERTIBLE PROMISSORY NOTE
Source: SEC EDGAR database • Date: November 8, 2018 • SIC: 5047 • CIK: 5047
PROMISSORY NOTE
Source: SEC EDGAR database • Date: February 29, 2024 • SIC: 7389 • CIK: 7389
CONVERTIBLE PROMISSORY NOTE
Source: SEC EDGAR database • Date: August 15, 2018 • SIC: 5047 • CIK: 5047

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