Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 502

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 502
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, or by Law or equity upon such Party, and the exercise by a Party of any one
remedy will not preclude the exercise of any other remedy. The failure on the part of any Party to exercise, and no delay in exercising,
any right, power, or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power,
or remedy by such Party preclude any other or further exercise thereof or the exercise of any other right, power, or remedy. Each Party
acknowledges that the rights of each Party to consummate the transactions contemplated hereby are unique, recognizes and affirms that
in the event of a breach of this Agreement by any Party, money damages would be inadequate and the non-breaching Parties would not have
adequate remedy at law, and agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not
performed by an applicable Party in accordance with their specific terms or were otherwise breached. Accordingly, each Party shall be
entitled to an injunction or restraining order to prevent breaches of this Agreement and to enforce specifically the terms and provisions
hereof, without the requirement to post any bond or other security or to prove that money damages would be inadequate, this being in addition
to any other right or remedy to which such Party may be entitled under this Agreement, at law or in equity. Each of the Parties agrees
that it will not oppose the granting of an injunction, specific performance and other equitable relief when expressly available pursuant
to the terms of this Agreement on the basis that the other parties have an adequate remedy at Law or an award of specific performance
is not an appropriate remedy for any reason at Law or equity.

12.7 Severability.In case any provision in this Agreement shall be held invalid, illegal or unenforceable in a jurisdiction, such provision shall be
modified or deleted, as to the jurisdiction involved, only to the extent necessary to render the same valid, legal and enforceable, and
the validity, legality and enforceability of the remaining provisions hereof shall not in any way be affected or impaired thereby nor
shall the validity, legality or enforceability of such provision be affected thereby in any other jurisdiction. Upon such determination
that any term or other provision is invalid, illegal or incapable of being enforced, the Parties will substitute for any invalid, illegal
or unenforceable provision a suitable and equitable provision that carries out, so far as may be valid, legal and