Common use of Specific Element of Consideration Clause in Contracts

Specific Element of Consideration. The indemnification obligations of the Holders in this Article IX are, without limitation, (i) a specific element of the consideration that induced Buyer to enter into this Agreement and to perform its obligations as contemplated hereby and (ii) intended to be fully enforceable on the terms provided in this Article IX.

Appears in 1 contract

Sources: Stock Purchase and Merger Agreement (Invitae Corp)

Specific Element of Consideration. The indemnification obligations of the Holders Seller in this Article IX are, without limitation, (i) a specific element of the consideration that induced Buyer to enter into this Agreement and to perform its obligations as contemplated hereby and (ii) intended to be fully enforceable on the terms provided in this Article IX.

Appears in 1 contract

Sources: Unit Purchase Agreement (Invitae Corp)