Common use of No Separate Consideration Clause in Contracts

No Separate Consideration. The parties agree that the restrictions on Shareholder in this Section 14 are an incidental part of the overall transaction contemplated by this Agreement; no part of the overall consideration being paid by Buyer to Shareholder hereunder is being allocated separately to such restrictions; and no party will take a position inconsistent with this Section 14.4 for tax or any other purpose.

Appears in 2 contracts

Samples: Stock Purchase Agreement and Plan of Reorganization (Zapworld Com), Stock Purchase Agreement and Plan of Reorganization (Zapworld Com)

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No Separate Consideration. The parties agree that the restrictions on Shareholder the Sellers in this Section 14 are an incidental integral part of the overall transaction contemplated by this Agreement; no part of the overall consideration being paid by Buyer to Shareholder Sellers hereunder is being allocated separately to such restrictions; and no party will take a position inconsistent with this Section 14.4 for tax Tax or any other purpose.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Penn Octane Corp), Agreement and Plan of Merger (Rio Vista Energy Partners Lp)

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No Separate Consideration. The parties agree that the restrictions on Shareholder Company in this Section 14 12 are an incidental part of the overall transaction contemplated by this Agreement; no part of the overall consideration being paid by Buyer to Shareholder Company hereunder is being allocated separately to such restrictions; and no party will take a position inconsistent with this Section 14.4 the Allocations for tax or any other purpose.

Appears in 1 contract

Samples: Asset Purchase Agreement (Global Epoint Inc)

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