Adequacy of Consideration. Each party acknowledges and agrees that upon the effectiveness of this Agreement, the party will be in receipt of valid and adequate consideration for its undertakings under this Agreement.
Appears in 3 contracts
Samples: Operating Agreement (Maverick Oil & Gas, Inc.), Operating Agreement (Continental Southern Resources Inc), Operating Agreement (Touchstone Resources Usa, Inc.)
Adequacy of Consideration. Each party acknowledges and agrees that upon the effectiveness of By signing this Agreement, each Party to this Agreement acknowledges the party will be in receipt by such Party and the sufficiency to such Party of valid and adequate consideration for its undertakings under this Agreementthe 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)
Adequacy of Consideration. Each party acknowledges and agrees that upon the effectiveness of By signing this Agreement, each Party to this Agreement acknowledges the receipt by such Party and the sufficiency to such party will be in receipt of valid and adequate consideration for its undertakings under this Agreementthe Consideration.
Appears in 2 contracts
Samples: Settlement and Participation Agreement (Tanox Inc), Settlement and Participation Agreement (Tanox Inc)
Adequacy of Consideration. Each party of the Parties acknowledges and agrees that upon the effectiveness adequacy of this Agreement, the party will be in receipt of valid and adequate consideration for its undertakings under Consideration by signing this Agreement.
Appears in 1 contract
Samples: Demegen Inc
