Minimum Consideration definition

Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

Minimum Consideration means $.01 per Share or such other amount that is from time to time considered to be capital for purposes of Section 154 of the Delaware General Corporation Law.

Minimum Consideration means the minimum aggregate consideration paid or payable at any time for the purchase of the Common Stock Equivalents during the term of the Common Stock Equivalents, and upon complete exercise and full conversion of the Common Stock Equivalents, computed without regard to contingent adjustments to exercise or conversion price (other than adjustments caused solely by the passage of time which reduce such minimum aggregate consideration).

Examples of Minimum Consideration in a sentence

• The Committee shall determine the amount, if any, that a Grantee shall pay for Restricted Shares, which shall be (except with respect to Restricted Shares that are treasury shares) at least the Minimum Consideration for each Restricted Share.

• The Committee shall require the Grantee to pay at least the Minimum Consideration for each Restricted Share.

• Except with respect to shares of restricted stock that are treasury shares, for which no payment need be required, the Committee shall require the Grantee to pay at least the Minimum Consideration for each share of restricted stock granted to such Grantee.

• Any such payment deferral by the Company shall be on such terms and conditions as the Committee may determine, except that a Grantee shall not be entitled to defer the payment of such Option Price, purchase price, or any related taxes unless the Grantee (a) enters into a binding obligation to pay the deferred amount and (b) other than with respect to treasury shares, pays upon exercise of an option or grant of Restricted Shares, as applicable, an amount at least equal to the Minimum Consideration therefor.

• Except with respect to Restricted Shares that are treasury shares, for which no payment need be required, the Committee shall require the Grantee to pay at least the Minimum Consideration for each Restricted Share.

More Definitions of Minimum Consideration

Minimum Consideration means par value per Share or such other amount that is from time to time considered to be minimum consideration under applicable law.

Minimum Consideration means $.001 per Share or such other amount that is from time to time considered to be capital for purposes of the General Corporation Law of the State of Delaware.

Minimum Consideration has the meaning set forth in Section 3.11(a).

Minimum Consideration means $.01 per share or such larger amount determined pursuant to resolution of the Board to be “capital”.

Minimum Consideration has the meaning given to it in paragraph 5.1.2 of Schedule 13;

Minimum Consideration means the portion of the Cash Payment actually received by Sellers after all reductions are made pursuant to Section 14.4.

Minimum Consideration means, in respect of a Mandatory Conversion, an Optional Redemption, a Fundamental Change or a Liquidation, an amount per Share of Series A Convertible Preferred Stock determined as of the Relevant Date for such event equal to (i) the Accrued Value per Share as of such date multiplied by (ii) the “Relevant Percentage” determined by reference to the table below: