Adequate consideration definition

Adequate consideration means that the fair market value (FMV) of the property or services received, in exchange for transferred property, approximates the FMV of the property transferred.
Adequate consideration means the personal property or
Adequate consideration means the property was given to the

Examples of Adequate consideration in a sentence

  • Adequate consideration should be given at the design stage to all of the above to ensure that the level of maintenance necessary to preserve the aesthetics of the building is acceptable.

  • Adequate consideration shall be given to the seating, comfort, setting, and technology of the facility used to house the collection and learning resources.21.5(2) Staffing.

  • Adequate consideration should be taken of the produced data and its availability for research.Centres for replacement, reduction and refinement (3 Rs) of non-human primate testing.

  • The foregoing indemnity agreement is in addition to any liability that any Underwriter may otherwise have to the Company, or any such director, officer, employee, agent, affiliate or controlling person.

  • Adequate consideration shall be given to the seating, comfort and setting of the facility used to house the collec- tion.21.5(2) Staffing.


More Definitions of Adequate consideration

Adequate consideration means consideration equal, or reasonably proportioned to the value of that for which it is given.
Adequate consideration means the property was given to the person as payment for bona fide goods or services provided by the person and the payment was at a rate that was customary for similar goods or services in the community that the vulnerable adult resided in at the time of the transaction.
Adequate consideration means the reasonable value of the goods or services received in exchange for transferred property that approximates the reasonable value of the prop- erty transferred.
Adequate consideration means (1) the employee worked for
Adequate consideration means the personal property or financial resources were given to the person as payment for bona fide goods or services provided by such person and the payment was at a rate customary for similar goods or services in the community that the dependent adult or elder person resided in at the time of the transaction.
Adequate consideration means (1) the employee worked for the employer for at least 2 years after the employee signed an agreement containing a covenant not to compete or a covenant not to solicit or (2) the employer otherwise provided consideration adequate to support an agreement to not compete or to not solicit, which consideration can consist of a period of employment plus additional professional or financial benefits or merely professional or financial benefits adequate by themselves.
Adequate consideration means that the reasonable value of goods or services received in exchange for trans- ferred property approximates the reasonable value of the property transferred;