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Common use of No Consideration Clause in Contracts

No Consideration. The Parties agree that the exchange of Quotas provided in Section 2.02 above will occur without the payment of any consideration from one Party to the other.

Appears in 3 contracts

Sources: Exchange Agreement (Votorantim Pulp & Paper Inc), Exchange Agreement (International Paper Co /New/), Exchange Agreement (Votorantim Pulp & Paper Inc)

Related Clauses

  • The Consideration
  • Adjustments to Consideration
  • MEMO OF CONSIDERATION
  • Share Consideration
  • Other Consideration

Parent Clauses

  • BUYER’S REPRESENTATIONS AND WARRANTIES
  • REPRESENTATIONS AND WARRANTIES OF THE COMPANY
  • Offer of Awards
  • Miscellaneous
  • WHEREAS

Sub-Clauses

  • Assignment
  • Modifications and Amendments
  • No Waiver of Rights, Powers and Remedies
  • Notices
  • Entire Agreement
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