In the language you're citing, then, the parties are purporting to agree that one is entitled to injunctive relief without posting bond. Injunctive relief is a legal remedy in the form of a court order that compels an individual or entity to do or refrain from specific actions.This page contains Injunctive Relief clauses in business contracts and legal agreements. The plaintiff would be required to fill out a simple bond application, and pay an annual bond premium before the bond is issued. Injunctive relief is always predicated upon showing a threat of irreparable harm and an absence of adequate legal remedies. Both Parties agree to waive any requirement that the other post a bond or other security as a condition for obtaining any such relief. The receiving party waives any requirement that the disclosing party post a bond or prove actual damages in connection with it seeking injunctive relief. As a general rule, a court will not issue a preliminary injunction without the plaintiff posting a bond. The bond, however, unfortunately is an afterthought. Though "no one denies that district courts have the power to enjoin a defendant's conduct anywhere in the nation . . .