Nominal Consideration definition

Nominal Consideration means the payment to a Participant of $10;
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Nominal Consideration means a fee or a contribution to cover the cost of administering a debt management plan not to exceed forty dollars ($40.00) for origination or setup of the debt management plan and ten percent (10%) of the monthly payment disbursed under the debt management plan, not to exceed forty dollars ($40.00) per month.
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Nominal Consideration in relation to an Option means any monetary consideration payable on the issue of the Option as set out in the Offer Letter but not exceeding the lesser of:
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Examples of Nominal Consideration in a sentence

  • Whenever the Nominal Consideration is adjusted pursuant to any provision of this Section 3, the Company shall promptly deliver to the Holder by facsimile or email a notice setting forth the Nominal Consideration after such adjustment and any resulting adjustment to the number of Warrant Shares and setting forth a brief statement of the facts requiring such adjustment.

  • Subject to the rules and regulations of the Trading Market, the Company may at any time during the term of this Warrant, subject to the prior written consent of the Holder, reduce the then current Nominal Consideration to any amount and for any period of time deemed appropriate by the board of directors of the Company.

  • All prospective Transferees of Delinquent Tax Property must sign a Waiver and Release of Liability and Indemnity Form, a Property Use and Responsibility Disclosure Form, and a Gratuity Disclosure Form at the time they sign a Request for a Nominal Consideration Conveyance.

  • The result obtained by dividing the Nominal Consideration by the number of issued and outstanding shares of Company Common Stock immediately prior to the Effective Time shall be referred to herein as the "NOMINAL PER SHARE CASH AMOUNT".

  • Prior to acceptance of this Request for a Nominal Consideration Conveyance (as described in Section 5), should SELLER not fulfill the terms and conditions of this Agreement as recited herein, then and in that event, TRANSFEREE may cancel this Agreement by giving SELLER written notice by U.S. mail.

  • TRANSFEREE and SELLER mutually agree that the closing of this Nominal Consideration Conveyance transaction is required to take place within thirty (30) calendar days of the mailing date of SELLER’s written notice to TRANSFEREE by U.S. mail confirming SELLER’s acceptance of this Request for a Nominal Consideration Conveyance and requesting TRANSFEREE to close.

  • For purposes of any such exercise, the determination of the Nominal Consideration shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration issuable in respect of one share of Common Stock in such Fundamental Transaction, and the Company shall apportion the Nominal Consideration among the Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration.

  • The Vendors further agreed that notwithstanding that the Debt Amount is due from the Target to the Vendors, the Purchaser shall be entitled to offset any amount due from any Vendor to the Purchaser under the Further Revised SPA (including amounts payable as part of the Nominal Consideration) against such Debt Amount.

  • This Request for a Nominal Consideration Conveyance contains the entire understanding among the parties with respect to the Nominal Consideration Conveyance of the above described real property and there are no other promises or conditions in any other agreements between the parties, whether oral or written, related to this Nominal Consideration Conveyance transaction.

  • Before taking any action which would result in an adjustment in the number of Warrant Shares for which this Warrant is exercisable or in the Nominal Consideration, the Company shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory body or bodies having jurisdiction thereof.


More Definitions of Nominal Consideration

Nominal Consideration means 6,700,000 shares of Parent Common Stock (as adjusted for any stock split, dividend, combination, reorganization or the like).
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Nominal Consideration means NTD1, being the nominal consideration for
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Nominal Consideration means the value determined by multiplying the Closing Date Market Price by the product of (i) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than any shares of Company Common Stock to be cancelled pursuant to Section 3.01(b) hereof) and (ii) the Common Exchange Ratio. "Share Consideration Pool" shall mean that number of shares of WAG Common Stock determined by (i) subtracting from the Nominal Consideration the amount of the Cash Consideration Pool and (ii) dividing the number obtained therefrom by the Closing Date Market Price. "Tax Consideration" shall mean the value determined by multiplying the Average Tax Value by the product of (i) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than any shares of Company Common Stock to be cancelled pursuant to Section 3.01(b) hereof) and (ii) the Common Exchange Ratio; provided, however, that if the Closing Date Market Price is less than $20.47, then for purposes of this calculation, the Common Exchange Ratio shall equal the quotient of (x) $12.00 divided by (y) the Closing Date Market Price. "Top-Up Consideration Pool" shall mean an amount of cash and/or a number of shares of WAG Common Stock (which shares shall be valued at the Closing Date Market Price) that have an aggregate value equal to the amount (if any) determined by subtracting (i) the Nominal Consideration from (ii) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than any shares of Company Common Stock to be cancelled pursuant to Section 3.01(b) hereof) multiplied by $12.00 per share (the product thereof being referred to herein as the "Top-Up Amount"), with the proportion of cash comprising a part thereof equaling the ratio of the Cash Consideration Pool to the sum of the Cash Consideration Pool and the value of the Share Consideration Pool (where the value of the shares in such pool is determined by reference to the Closing Date Market Price).
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Nominal Consideration means the total amount paid, whether in money or other thing of value, {for the property. (4) (a) The county recorder may not record a document without the filing of the affidavit}that does not exceed $1,000.
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Nominal Consideration the meaning specified in SECTION 3.3(a).
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Related to Nominal Consideration

  • Total Consideration means the total amount (but without duplication) of (a) cash paid in connection with any Acquisition, plus (b) Indebtedness for borrowed money payable to the seller in connection with such Acquisition, plus (c) the fair market value of any equity securities, including any warrants or options therefor, delivered to the seller in connection with any Acquisition, plus (d) the amount of Indebtedness assumed in connection with any Acquisition.

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Minimum Consideration means $.01 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).

  • Base Consideration has the meaning set forth in Section 2.2.