NONREFUNDABLE CONSIDERATION. Contemporaneously with the execution and delivery of this Agreement, Buyer has delivered to Seller, and Seller herby acknowledges the receipt of, a check in the amount of $100.00 (the “Independent Contract Consideration”), which amount the Parties bargained for and agreed to as consideration for Buyer’s right to inspect and purchase the Assets pursuant to this Agreement, and for Seller’s execution, delivery and performance of this Agreement. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided in this Agreement, is nonrefundable, and is fully earned and shall be retained by Seller notwithstanding any other provision of this Agreement.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Ultra Petroleum Corp), Purchase and Sale Agreement (CorEnergy Infrastructure Trust, Inc.)
NONREFUNDABLE CONSIDERATION. Contemporaneously with the execution and delivery of this Agreement, Buyer has delivered to Seller, and Seller herby hereby acknowledges the receipt of, a check in the amount of $100.00 (the “Independent Contract Consideration”), which amount the Parties bargained for and agreed to as consideration for Buyer’s right to inspect and purchase the Assets pursuant to this Agreement, and for Seller’s execution, delivery and performance of this Agreement. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided in this Agreement, is nonrefundable, and is fully earned and shall be retained by Seller notwithstanding any other provision of this Agreement.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Energy XXI LTD), Purchase and Sale Agreement (CorEnergy Infrastructure Trust, Inc.)
NONREFUNDABLE CONSIDERATION. Contemporaneously with the execution and delivery of this Agreement, Buyer Purchaser has delivered to Seller, and Seller herby hereby acknowledges the receipt of, a check in the amount of ONE HUNDRED AND NO/100 DOLLARS ($100.00 100.00) (the “Independent Contract Consideration”), which amount the Parties parties bargained for and agreed to as consideration for BuyerPurchaser’s exclusive right to inspect and purchase the Assets Property pursuant to this Agreement, Agreement and for Seller’s execution, delivery delivery, and performance of this Agreement. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided in this Agreement, is nonrefundablenon-refundable, and is fully earned earned, and shall be retained by Seller notwithstanding any other provision of this Agreement.
Appears in 2 contracts
Samples: Agreement to Sell and Purchase and Escrow Instructions (Calavo Growers Inc), Agreement to Sell and Purchase and Escrow Instructions (Calavo Growers Inc)
NONREFUNDABLE CONSIDERATION. Contemporaneously with the execution and delivery of this Agreement, Buyer has delivered to Seller, Seller and Seller herby hereby acknowledges the receipt of, of a check in the amount of $100.00 (the “"Independent Contract Consideration”"), which amount the Parties parties bargained for and agreed to as consideration for Buyer’s 's exclusive right to inspect and purchase the Assets Hotel Properties pursuant to this Agreement, Agreement and for Seller’s 's execution, delivery and performance of this Agreement. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided in this Agreement, is nonrefundable, nonrefundable and is fully earned and shall be retained by Seller notwithstanding any other provision of this Agreement.
Appears in 1 contract
Samples: Purchase Agreement (Ffca Management Co Lp /Az/ /Ta)