Without Consideration definition

Without Consideration means, with respect to a transfer of an Option, that the transfer is being made purely as a gift or donation, with no promise or receipt of payment, goods, services or other thing of value in exchange for the Option; provided, however, if the terms of a transfer of Options to an otherwise Permitted Transferee require that, upon proper notice of exercise of such Options, (i) Fannie Mae may reduce the number of shares of Common Stock or sell such number of shares of Common Stock otherwise deliverable thereunder to the extent required to fund any additional withholding tax on behalf of the Eligible Employee necessitated by the exercise, delivering only the balance of the shares of Common Stock due upon exercise of the Option to the Permitted Transferee, and/or (ii) the Permitted Transferee sell the shares of Common Stock so received upon exercise of the Option, apply a portion of the net proceeds of the exercise to the payment of any additional taxes, fees or other costs or expenses incurred by the donor Eligible Employee in connection with or as a result of such transfer and then deliver (if an intermediary) or retain (if an organization described in Section 170(c) of the Code) the remaining net proceeds from such sales of shares of Common Stock, the transfer shall nevertheless continue to be Without Consideration for the purposes hereof. A distribution of an Option by an entity or trust described in Section 1.2(19)(iv) or (v) to an owner or beneficiary thereof shall be treated as a transfer Without Consideration.
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Without Consideration means a complete transfer of Village property to the Town without cost to the Town.
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Without Consideration means that the Sponsor is transferring the facility to the FAA free of cost or condition, and that similarly the FAA must not impose any costs or conditions on the Sponsor – except for:
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Examples of Without Consideration in a sentence

  • Article 341.Running of the Time Period of Limitation of Actions in the Case of Leaving a Claim Without Consideration If a claim is left by a court without consideration, then the running of a time period of limitation of actions that began before the filing of the action shall continue in the regular manner.

  • DHS may not summarily send individuals to places where they fear persecution without these safeguards.

  • The Panel Accepted, Without Consideration, The Parties’ Legal Conclusion That Preferred Engaged In A “communication” With CompuMail.

  • Second Offense 1st$ 500Prostitution796.072nd$ 500Possession or Delivery Without Consideration of Less than893.13(1)(g)1st$ 25020 Grams of Cannabis Possession, Sale or Delivery of 893.13(1)(a)3.

  • IS A Firearm, Without Consideration Of Its Non-operational Quality And Its Lack of Ammunition.

  • The Opinion Should Be Depublished Because It Allows a Term of a Public Agency Contract to be Voided Without Consideration of the Contract, Yet Provides No Analysis of the Issue.Even though the effect of the Opinion is to render unenforceable the term of a settlement agreement, the Court of Appeal refused to take judicial notice of the underlying settlement agreement, holding that the case was not an action on a contract.

  • Edim Yukumlerinden Bağımsız Borc İlişkisi (Debts Without Consideration).

  • On 30 December 2011, the Anqing Municipal Government approved the transfer of the entire Hualiangting Hydropower Station to Huaneng Group without consideration in its Official Reply on the Transfer of the State-owned Assets of Anqing Hualiangting Hydropower Station Without Consideration (Yi Zheng Mi [2011] No.249).

  • The Linux glue code can easily recognize “foreign” bufio objects by checking their function table pointer; when it receives one, it first calls its map method to obtain a direct pointer to the data in the buffer if possible.

  • It is seen as a route back into a normal banking relationship, availability is restricted to a fixed term (between 3 and 5 years).


More Definitions of Without Consideration

Without Consideration means that the sponsor/owner is transferring the equipment/system to the FAA free of cost or condition, and that similarly the FAA must not impose any costs or conditions on the Sponsor with respect to future operation and maintenance.
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Without Consideration means, with respect to a transfer of an Option, that the transfer is being made purely as a gift or donation, with no promise or receipt of payment, goods, services or other thing of value in exchange for the Option; provided, however, if the terms of a transfer of Options to an otherwise Permitted Transferee require that, upon proper notice of exercise of such Options, (i) Fannie Mae may reduce the number of shares of Common Stock or sell such number of
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Related to Without Consideration

  • Earnout Consideration has the meaning set forth in Section 2.6 below.

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Independent Consideration shall have the meaning as set forth in Section 2.14.

  • Unit Consideration has the meaning set forth in Section 2.2(a).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Share Consideration has the meaning given to it in Section 2.2;

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

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

  • Base Consideration is defined in Section 2.2.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Other Consideration means cash and/or any securities (other than New Shares) or assets (whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party).

  • 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.

  • Merger Consideration has the meaning set forth in Section 3.1(a).

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Total Consideration shall have the meaning as set forth in Section 2.8.

  • Aggregate Stock Consideration means a number of shares of Acquiror Common Stock equal to the quotient obtained by dividing (i) (x) the Base Purchase Price less (y) the Aggregate Cash Consideration, by (ii) $10.00.

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $400,000,000, your Sale Bonus would be $400,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

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

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;

  • Scheme Consideration means, in respect of:

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Borrower or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Borrower or any of its Subsidiaries.