Essential Consideration. The parties hereto acknowledge and agree that the rights and obligations of the parties hereunder, including under Sections 1 through 12, are given in consideration for the rights and obligations undertaken under the Business Combination Agreement and the Ancillary Agreements, 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 Agreements.
Appears in 2 contracts
Samples: Director Composition and Standstill Agreement, Director Composition and Standstill Agreement (Saban Capital Acquisition Corp.)
Essential Consideration. The parties hereto acknowledge and agree that the rights and obligations of the parties hereunder, including under Sections 1 through 123, are given in consideration for the rights and obligations undertaken under the Business Combination Agreement and the Ancillary AgreementsDocuments, 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 AgreementsDocuments.
Appears in 2 contracts
Samples: Director Designation Agreement, Director Designation Agreement (Haymaker Acquisition Corp.)
