Common use of Adequacy of Consideration Clause in Contracts

Adequacy of Consideration. The parties further acknowledge the adequacy of the additional consideration provided herein by each to the other, that this is a legally binding document, and that they intend to be bound by and faithful to its terms.

Appears in 6 contracts

Samples: Transition and Separation Agreement (Group 1 Automotive Inc), Transition Agreement (Group 1 Automotive Inc), Transition and Separation Agreement (Group 1 Automotive Inc)

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Adequacy of Consideration. The parties Parties acknowledge the adequacy of the Consideration provided herein by each to the other. The Parties further acknowledge the adequacy of the additional consideration consideration” provided herein by each to the other, that this is a legally binding document, and that they intend to comply with and be bound by and faithful to its terms.

Appears in 1 contract

Samples: Separation and Release Agreement (Colony Bankcorp Inc)

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