Common use of No Separate Consideration Clause in Contracts

No Separate Consideration. The parties agree that the restrictions on the Sellers in this Section 14 are an integral part of the overall transaction contemplated by this Agreement; no part of the overall consideration being paid by Buyer to Sellers 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: Merger Agreement (Penn Octane Corp), Merger Agreement (Rio Vista Energy Partners Lp)

AutoNDA by SimpleDocs

No Separate Consideration. The parties agree that the restrictions on the Sellers Shareholder in this Section 14 are an integral incidental part of the overall transaction contemplated by this Agreement; no part of the overall consideration being paid by Buyer to Sellers Shareholder 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: Stock Purchase Agreement (Zapworld Com), Stock Purchase Agreement (Zapworld Com)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!