FOR VALUABLE CONSIDERATION Clause Samples

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FOR VALUABLE CONSIDERATION the Borrower hereby grants to OUVO INC. (hereinafter called the “Lender”) a security interest in all of the Borrower’s right, title and interest in and to all of the Borrower’s personal property and assets including without limitation the following property, including without limitation any and all additions, accessions and substitutions thereto or therefore, whether now held or hereafter acquired (hereinafter called the “Collateral”): (a) accounts; (b) instruments; (c) documents; (d) chattel paper; (e) supporting obligations; (f) letter of credit rights; (g) equipment; (h) fixtures; (i) general intangibles; (j) inventory; (k) investment property; (l) deposit accounts; (m) cash, money, currency, and liquid funds, wherever held; (n) goods; (o) intellectual property; and (p) all proceeds of each of the foregoing (the “Proceeds”), to secure payment and performance of all of the Borrower’s present or future debts or obligations to the Lender, whether absolute or contingent (hereafter referred to as “Debt”). Unless otherwise defined, words used herein have the meanings given them in the Delaware Uniform Commercial Code. THE BORROWER REPRESENTS, WARRANTS AND AGREES:
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FOR VALUABLE CONSIDERATION. Borrower represents and warrants to Lender that Borrower is a Minnesota Corporation, duly organized and in good standing, that Borrower is the current fee owner of the Land, subject only to the Combination Mortgage, Assignment of Rents, Security Agreement and Fixture Financing Statement as herein described and such other non-financial encumbrances disclosed to Lender, and that the party executing this Modification on behalf of Borrower has all requisite corporate authority to execute this Modification.
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FOR VALUABLE CONSIDERATION. ▇▇▇▇▇ gives written acceptance of this offer and agrees that this offer, when signed, will constitute a binding agreement between the Buyer and Seller and herewith deposits with Seller One Thousand and 00/100 Dollars ($1,000.00) evidencing Buyer’s good faith, said deposit will be held by Seller, and to be applied as part of the purchase price. If this offer is not accepted or title is not marketable or insurable, or if any contingency specified herein cannot be met, within time limits specified, this deposit shall be refunded forthwith. In the event of default by ▇▇▇▇▇, all deposits made hereunder may be forfeited as liquidated damages at Seller’s election or alternatively, Seller may retain such deposits as part payment of the purchase price and pursue its legal or equitable remedies hereunder against ▇▇▇▇▇, and in case of the Seller’s default by refusal to perform, the Buyer may pursue his/her/their legal or equitable remedies against the Seller.
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FOR VALUABLE CONSIDERATION. Borrower represents and warrants to and agrees with Lender as follows:
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FOR VALUABLE CONSIDERATION. A. Date. Landlord and Tenant agree that the Lease will terminate on the Termination Date (defined below). The “Termination Date” will occur on the earlier of (1) the date Tenant substantially completes the tenant improvements (but for punchlist items) pursuant to the new lease ("New Lease") between Landlord’s affiliate, Spectrum Terrace III LLC, a Delaware limited liability company (“Landlord’s Affiliate”), and Tenant for the premises located at ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ (“New Premises”), and (2) the date Tenant commences its regular business activities in the New Premises. Not later than 10 days following the Termination Date, Tenant will cause the Premises to be vacated and surrendered in accordance with the requirements of the Lease, including, but not limited to, Section 15.2 thereof; and during such 10-day period, Tenant will not be obligated to pay Rent for the Premises, including, but not limited to, holdover charges pursuant to Section 15.1. B.
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FOR VALUABLE CONSIDERATION receipt whereof is hereby acknowledged, the undersigned, Borrower, hereby promises to pay to the Lender, or the holder of this promissory note (the "Promissory Note"), in accordance with the terms and conditions referenced herein, the aggregate principal sum of ____________________ dollars ($____________) in lawful money of Canada (hereinafter referred to as the "Principal Sum") together with simple interest accruing thereon and commencing on the above-referenced Effective Date of this Promissory Note at the rate of five percent (5%) per annum, calculated semi-annually (herein the "Interest"), and payable semi-annually prior to maturity; and any such Interest shall be payable in full to the Lender on the date of the repayment by the Borrower to the Lender of the entire Principal Sum amount in the manner as set forth immediately hereinbelow; failing which the Lender may immediately realize upon any of the "Security" which has been provided by the Borrower to the Lender in conjunction with the delivery of this Promissory Note; this Promissory Note being Schedule "A" to that certain "Secured and Subordinated Loan Agreement", dated March 15, 2016 (the "Loan Agreement"), as entered into between the Parties. Subject to the prior application of the provisions provided for in sections "3.5" and "3.6" of the Loan Agreement, the Principal Sum, together with all outstanding Interest accrued thereon as specified hereinabove, is hereby irrevocably and unconditionally due and payable by the Borrower to the Lender in the following manner and at or before 5:00 p.m. (Vancouver time) on the day which is the earlier of:
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Related to FOR VALUABLE CONSIDERATION

  • FOR GOOD AND VALUABLE CONSIDERATION Borrower hereby forever relieves, releases, and discharges Bank and its present or former employees, officers, directors, agents, representatives, attorneys, and each of them, from any and all claims, debts, liabilities, demands, obligations, promises, acts, agreements, costs and expenses, actions and causes of action, of every type, kind, nature, description or character whatsoever, whether known or unknown, suspected or unsuspected, absolute or contingent, arising out of or in any manner whatsoever connected with or related to facts, circumstances, issues, controversies or claims existing or arising from the beginning of time through and including the date of execution of this Amendment (collectively “Released Claims”). Without limiting the foregoing, the Released Claims shall include any and all liabilities or claims arising out of or in any manner whatsoever connected with or related to the Loan Documents, the Recitals hereto, any instruments, agreements or documents executed in connection with any of the foregoing or the origination, negotiation, administration, servicing and/or enforcement of any of the foregoing.

  • The Consideration 9.1. In consideration for the successful completion of the Works, the timely supply of the R350HT Rails and the fulfillment of all of Supplier's obligations pursuant to this Agreement including, without limitation, the Warranty and all accompanying services and equipment to ISR's full satisfaction as required in accordance with the terms and conditions of this Agreement, Supplier shall be entitled to receive payment in accordance with the Consideration Annex attached hereto as Annex B (the “Consideration”). 9.2. Consideration shall be the final, complete and inclusive price that shall be paid to Supplier for the design, manufacture, preservation treatment, supply, delivery, unloading and Warranty of the R350HT Rails and the execution of all the Works pursuant to this Agreement, exclusive only of VAT. Other than as set forth herein, the Supplier shall not be entitled to receive any additional payments in connection with the performance of its obligations hereunder. The Consideration is inclusive of all taxes (other than VAT), license fees, royalties, or any other costs or expenses of any kind related to the provision of the R350HT Rails and/or to the Works. ISR shall not be charged with any further payments in connection with the Supplier’s execution of any of its obligations and undertakings under this Agreement. 9.3. Value added tax, to the extent applicable, shall be added to any payment made by ISR to Supplier hereunder, subject to the issuance of a tax invoice on ISR’s name, in accordance with the law. All amounts payable to the Supplier under this Agreement shall be paid in Euros (€). 9.4. For the removal of any doubt, it is hereby clarified that all taxes, fees, duties, licenses, costs or other payments that are to be paid in connection with the exportation, supply and delivery of the R350HT Rails, including but not limited to all types of importation and custom duties and services, such as transportation costs, customs agents’ fees, purchase tax (in Hebrew "Mas Kniya" or "הינק סמ" ), wharf fees (in Hebrew "Dmei Ratzif" or "ףיצר ימד" ), cleaning of the containers and unloading at the Site, Israeli customs duties, port handling fees (in Hebrew "Dmei ▇▇▇▇▇" or "לוטינ ימד" ), port infrastructure fees (in Hebrew "Dmei Tashtit" or "תיתשת ימד"), cam locks for discharging the R350HT Rails at port, supervision while discharging at port, discharging terms at port, etc. shall be considered as part of the Consideration and shall be borne solely by Supplier.

  • Consideration to the Company In consideration of the grant of the Option by the Company, the Participant agrees to render faithful and efficient services to the Company or any Subsidiary. Nothing in the Plan or this Agreement shall confer upon the Participant any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Participant at any time for any reason whatsoever, with or without Cause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Participant.

  • General Considerations a. All reports, drawings, designs, specifications, notebooks, computations, details, and calculation documents prepared by Vendor and presented to the Board pursuant to this Agreement are and remain the property of the Board as instruments of service. b. All analyses, data, documents, models, modeling, reports and tests performed or utilized by Vendor shall be made available to the Board upon request and shall be considered public records. c. Vendor is required to: (i) keep and maintain public records required by Board; (ii) upon request from Board’ s custodian of public records, provide Board with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a reasonable or as otherwise provided by law; (iii) ensure that public records that are exempt or, confidential and exempt, from public records disclosure requirements are not disclosed except as authorized by law for the duration of this Agreement and following completion of this Agreement if Vendor does not transfer the records to Board; (iv) upon completion of this Agreement, transfer, at no cost, to Board all public records in possession of Vendor or keep and maintain public records required by Board. d. If Vendor transfers all public records to Board upon completion of this Agreement, Vendor shall destroy any duplicate public records that are exempt or, confidential and exempt, from public records disclosure requirements. If Vendor keeps and maintains public records upon completion of this Agreement, Vendor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to Board, upon request from Board’s custodian of public records, in a format that is compatible with the information technology systems of Board. e. Vendor shall keep all books, records, files, drawings, plans and other documentation, including all electronically stored items, which concern or relate to the services required hereunder (the “Records”), for a minimum of five (5) years from the date of expiration or suspension of this Agreement, or as otherwise required by any applicable law, whichever date is later. The Board shall have the right to order, inspect, and copy all the Records as often as it deems necessary during any such period-of-time. The right to audit, inspect, and copy Records shall include all of the records of sub-Vendors (if any). f. Vendor shall, at all times, comply with the Florida Public Records Law, the Florida Open Meeting Law and all other applicable laws, rules and regulations of the State of Florida. g. IF THE VENDOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE VENDORS’ DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT ▇▇▇-▇▇▇-▇▇▇▇, Sumter County Board of County Commissioners, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, Wildwood, Florida 34785 or via email at ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. h. Vendor shall, at all times, carry General Liability, and Worker’s Compensation Insurance pursuant to the insurance requirements in RFP ▇▇▇-▇-▇▇▇▇/JV, naming Board as both a certificate holder and an additional insured in each such policy. i. Upon Vendor’s written request, the Board will furnish, or cause to be furnished, such reports, studies, instruments, documents, and other information as Vendor and Board mutually deem necessary, and Vendor may rely upon same in performing the services required under this Agreement. j. Vendor is obligated by this agreement to comply with Section 20.055(5), Florida Statutes. k. Any entity or affiliate who has had its Certificate of Qualification suspended, revoked, denied or have further been determined by the Department to be a non-responsive contractor may not submit a bid.

  • Adequate Consideration The parties hereto irrevocably stipulate and agree that they have each received adequate and independent consideration for the performance of the obligations they have undertaken pursuant to this Amendment.