Common use of Reasonable Consideration Clause in Contracts

Reasonable Consideration. The Tribe, after consultation with its legal, financial and other professional advisors, acknowledges, represents, warrants and agrees that, taking into account the terms and conditions of and circumstances surrounding the transactions contemplated this Agreement, the payments to be made by the Tribe or its Affiliates to Manager pursuant to the terms of this Agreement are reasonable and appropriate, constitute reasonable consideration and fair value, and are proportionate to the value provided to the Tribe by Manager under this Agreement.

Appears in 2 contracts

Sources: Non Gaming Management Agreement (Station Casinos Corp.), Gaming Management Agreement (Station Casinos Corp.)