Common use of Essential Consideration Clause in Contracts

Essential Consideration. The parties hereto acknowledge and agree that the rights and obligations of the parties hereunder, including under Sections 1 through 3, are given in consideration for the rights and obligations undertaken under the Business Combination Agreement and the Ancillary Documents, and without limiting the generality of the foregoing, constitute essential and integral consideration to the parties hereto for their execution or authorization of, as applicable, the Business Combination Agreement and the Ancillary Documents.

Essential Consideration. The parties hereto acknowledge and agree that the rights and obligations of the parties hereunder, including under Sections 1 through 312, are given in consideration for the rights and obligations undertaken under the Business Combination Agreement and the Ancillary DocumentsAgreements, and without limiting the generality of the foregoing, constitute essential and integral consideration to the parties hereto for their execution or authorization of, as applicable, the Business Combination Agreement and the Ancillary DocumentsAgreements.