Reasonable Consideration Clause Samples
The Reasonable Consideration clause defines the requirement that any promises or obligations exchanged between parties in a contract must have a fair and adequate value. In practice, this means that each party must provide something of value—such as goods, services, or payment—that is not nominal or trivial, and that reflects a genuine exchange. This clause ensures that contracts are legally enforceable by confirming that both sides are giving and receiving something meaningful, thereby preventing disputes over whether a contract is valid due to insufficient consideration.
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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.
Reasonable Consideration. Prior to entering into this Agreement, AIG Agent explored various means of monetizing the RMBS Pool on behalf of the Sellers. These efforts included, among other things, internal analysis and retaining and consulting with BlackRock Financial Management, Inc. (“BlackRock”) and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. Incorporated to assist the AIG Agent in determining available options for disposing of the RMBS Pool. Based upon (a) the foregoing efforts, (b) the AIG Agent’s valuation of the RMBS Pool for purposes of AIG’s third quarter financial statements and also as of October 31, 2008, (c) the AIG Agent’s assessment of market conditions and pricing provided by third-party pricing services and (d) the valuations determined by Blackrock in consultation with the Controlling Person and Buyer, the Seller Parties concluded that the Purchase Price was reasonable consideration for the RMBS Pool.
Reasonable Consideration. EMPLOYER shall give reasonable consideration to requests for leaves for other reasons or other durations than listed above.