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Common use of Consideration for the Option Clause in Contracts

Consideration for the Option. Seller acknowledges that it has received good, valuable and sufficient consideration for the Option.

Appears in 4 contracts

Sources: Option Agreement (Marver James D), Stock Purchase Agreement (City Capital Corp), Option Agreement (Euniverse Inc)

Related Clauses

  • Compensation for Buy-In on Failure to Timely Deliver Warrant Shares Upon Exercise
  • Compensation for Buy-In on Failure to Timely Deliver Warrant ADSs Upon Exercise
  • Payment for the Offered Shares
  • Payment of Option Price
  • Redemptions at the Option of a Shareholder

Parent Clauses

  • Option to Acquire the Company Deliveries
  • Headings
  • Option
  • Repurchase Option
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