Common use of Consideration and Reliance Clause in Contracts

Consideration and Reliance. The City of Tempe’s promise to accept and disburse all funds that the City of Tempe receives pursuant to this Agreement is full and adequate consideration and shall render this promise to provide funding irrevocable and this Agreement shall constitute a binding obligation of the SRPMIC.

Consideration and Reliance. The City of Tempe’s promise to accept and disburse all funds that the City of Tempe receives pursuant to this Agreement is full and adequate consideration and shall render this promise to provide funding irrevocable and this Agreement shall constitute a binding obligation of the SRPMICXxxxxx Yaqui Tribe.