Nominal Consideration definition

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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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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Examples of Nominal Consideration in a sentence

  • Nominal consideration of HK$1 is payable on acceptance of each grant and the share options granted shall be accepted within 28 days from the date of grant.

  • Nominal consideration shall mean a consideration for the transfer of title to real property bearing no relation to the current market or actual value of the real property.

  • Nominal consideration received in 2016 is £1 with net assets disposed of approximately £(0.1)m representing the nominal profit that will be recognised in 2016.

  • A Preferred Drug is one on the Performance Drug List, which has been developed by Caremark as a clinically appropriate and 146 CaremarkPCS Health, L.P. and the National Association of Counties, Managed Pharmacy Benefit Service Agreement, pg.

  • Nominal consideration in options: much more flexible and don’t really consider adequacy of consider in options because the underlying intent is to advance the target contract.

  • This effort involved research and planning on establishing local energy companies, developing energy sources, and other related initiatives, eventually leading to the establishment of Tottori Citizen Electricity.

  • Nominal consideration of$10.00 was recited as being paid to Debtor II for the property transferred.

  • Nominal consideration received in 2016 is £1 with net liabilities disposed of approximately £(0.3)m.

  • Nominal consideration indicates an intent to convey only an easement.

  • Nominal consideration – Means consideration for $1.00 or less per year.


More Definitions of Nominal Consideration

Nominal Consideration means NTD1, being the nominal consideration for
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Nominal Consideration means the payment to a Participant of $10;
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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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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). (c) The definition of "Capital Increase" in Section 1.01 of the Merger Agreement is hereby amended and restated in its entirety as follows: "Capital Increase" shall have the meaning specified in Section 7.01(a). (d) Section 2.01 of the Merger Agreement is hereby amended and restated in its entirety as follows: "SECTION 2.01
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Related to Nominal Consideration

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

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

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Issuer or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • 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.