Common use of Adequacy of Consideration Clause in Contracts

Adequacy of Consideration. By signing this Agreement, each Party to this Agreement acknowledges the receipt by such Party and the sufficiency to such Party of the Consideration.

Appears in 3 contracts

Samples: Settlement and Cross Licensing Agreement (Tanox Inc), Settlement and Cross Licensing Agreement (Tanox Inc), Settlement and Cross Licensing Agreement (Tanox Inc)

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Adequacy of Consideration. By signing Each party acknowledges and agrees that upon the effectiveness of this Agreement, each Party to the party will be in receipt of valid and adequate consideration for its undertakings under this Agreement acknowledges the receipt by such Party and the sufficiency to such Party of the ConsiderationAgreement.

Appears in 3 contracts

Samples: Operating Agreement (Continental Southern Resources Inc), Operating Agreement (Touchstone Resources Usa, Inc.), Operating Agreement (Maverick Oil & Gas, Inc.)

Adequacy of Consideration. By signing this Agreement, each Party to this Agreement acknowledges the receipt by such Party and the sufficiency to such Party party of the Consideration.

Appears in 2 contracts

Samples: Settlement and Participation Agreement (Tanox Inc), Settlement and Participation Agreement (Tanox Inc)

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Adequacy of Consideration. By Each of the Parties acknowledges the adequacy of the Consideration by signing this Agreement, each Party to this Agreement acknowledges the receipt by such Party and the sufficiency to such Party of the Consideration.

Appears in 1 contract

Samples: Demegen Inc

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