Injunctive Relief Clause In Nda
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FAQ
It is hereby agreed and acknowledged that it will be impossible to measure in money the damage that would be suffered if the parties fail to comply with any of the obligations herein imposed on them and that in the event of any such failure, an aggrieved Person will be irreparably damaged and will not have an adequate ...
Most standard NDAs follow this format: Introduction. Definition of confidential information. How to handle confidential information. Exclusions from confidential information. Obligations of receiving party. Duration of agreement. Resolving disputes. Integration.
First up is injunctive relief; this is quite common in NDAs, and the language will say something to the effect of ?in addition to any other remedies available, the enforcing party may have equitable or injunctive relief from the court.? This is meant to authorize the court to issue an order prohibiting a party from ...
An injunctive relief clause is a component of a contract that specifically orders one party or both parties of the contract to refrain from doing an act that would cause harm to the other party.
Injunctive relief means that the discloser is able to obtain a preemptive court order preventing the information from being spread. A clause can entitle a party to apply for an injunction to prevent the other party disclosing, or continuing to disclose, the confidential information.