Common use of Fair Value Clause in Contracts

Fair Value. Seller acknowledges and agrees that the Purchase Price constitutes fair, adequate and reasonably equivalent consideration in exchange for the Assets.

Appears in 3 contracts

Sources: Asset Purchase Agreement (VDC Corp LTD), Asset Purchase Agreement (VDC Corp LTD), Memorandum of Understanding (VDC Corp LTD)

Fair Value. Seller acknowledges and agrees that the Purchase Price ---------- constitutes fair, adequate and reasonably equivalent consideration in exchange for the Assets.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Portacom Wireless Inc/), Memorandum of Understanding (Portacom Wireless Inc/)

Fair Value. Seller acknowledges and agrees represents to Buyer that the Purchase Price constitutes fair, adequate full and fair consideration and reasonably equivalent consideration in exchange value for the sale of the Purchased Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (Iteris, Inc.)