Purpose and Consideration. The execution and delivery of this Guaranty by Guarantor is a condition to the making of the Loan to Borrower, is made in order to induce Lender to make the Loan, and is made in recognition that Lender will be relying upon this Guaranty in making the Loan and performing any other obligations it may have under the Loan Documents.
Purpose and Consideration. The purpose of this Agreement shall be to provide clinical experience to students enrolled in those programs listed in Exhibit A to this Agreement. Consideration for this Agreement shall consist of the mutual promises contained herein, the parties agreeing that monetary compensation shall neither be expected nor received by either party.
Purpose and Consideration. The parties acknowledge that the Community Garden is a public amenity and that FISH will maintain the Community Garden as an aesthetic asset for the citizens of Ellensburg. To the extent feasible, produce grown at the Community Garden will be donated to organizations serving those members of the community in need of food who are unable to satisfy their own needs because of lack of resources such as the FISH Community Food Bank. On the date that this Lease is signed FISH will pay the City one dollar ($1) in rent.
Purpose and Consideration. The execution and delivery of this Guaranty by Guarantor is a condition to Landlord's entering into the Lease with Tenant and is made to induce Landlord to enter into the Lease. Xxxxxxxxx is a stockholder, partner, member, manager, officer or director of Tenant.
Purpose and Consideration. The execution and delivery of this Guaranty by Guarantor is a condition to Landlord’s assigning the Lease to Tenant and is made to induce Landlord to enter into the Lease. Guarantor is a Canadian corporation and the parent (owner of 100% of Tenant’s stock) of Tenant, a Delaware corporation.
Purpose and Consideration. The execution and delivery of this Guaranty by Guarantor is a condition to Seller’s willingness to sell its Membership Interest to Buyer in consideration of the Notes, and Guarantor recognizes that Seller will rely upon this Guaranty. Guarantor has a significant employment and ownership interest in Buyer, and Buyer is becoming the sole Member of the Company, and, accordingly, Guarantor acknowledges that Guarantor will receive material direct and indirect benefits from Buyer’s purchase of Seller’s Membership Interest in the Company and Buyer’s execution of the Notes.
Purpose and Consideration. The Group agrees to perform services for the Division, not for monetary consideration, but in consideration for the opportunity to participate with the Division.
Purpose and Consideration. 1.1. The purpose of the Evaluation is for Tesseract to determine whether it, in its sole discretion, wishes to negotiate and execute a separate definitive agreement with the Developer for the distribution of the Application in the Store (“Definitive Agreement”). It is understood and agreed by both Parties that no fees shall be payable by one Party to the other Party during the term of this Agreement. All fees or other commercial terms including relating to the placement and distribution of the Application in the Store will commence only upon the execution of the Definitive Agreement, and on the terms and conditions set forth therein. Nothing in this Agreement will be construed as a promise or commitment on the part of either Party to enter into a Definitive Agreement. The Parties agree that mutual covenants and obligations of each Party as set out in this Agreement is sufficient consideration for the purposes of this Agreement.
Purpose and Consideration. Guarantor acknowledges that the execution and delivery of this Guaranty by Guarantor is a condition to PRIORITY entering into the Agreement with Merchant, and is made to induce PRIORITY to enter into the Agreement. Guarantor is a stockholder, partner, member, manager, officer or director of Merchant.
Purpose and Consideration. Volunteer agrees to perform services for the Department, not for monetary consideration, but in consideration for the opportunity to participate with the Department. As consideration for the work performed by Volunteer, the Department agrees to provide Volunteer the opportunity to participate with the Department and the Worker’s Compensation coverage described in paragraph 14 of this Agreement.
