Punting definition

Punting. [specifying a method for determining value] – Determination by a single “expert” [accountant, appraiser, valuation expert], whose finding is “binding and conclusive” – Determination by “Three Stooges” appraisal • Corporation/LLC picks an expert, departing shareholder/member picks an expert • If they disagree by less than 10%, “split the baby” • If they disagree by 10% or more, they pick a third expert who mediates the dispute • Looks beautiful on paper, but can be difficult to administer in practice and may prolong the buyout process indefinitely Dealing with Insurance Upon an Owner’s Death or Disability • Will either the company or the remaining owners be required to buy life or disability “buyout” insurance? • If so, upon the death or disability of an owner, will the purchase price be the greater, or the lesser, of the insurance proceeds or the “fair market value” of the departing owner’s shares • A tough decision: – If “greater,” the company could be deprived of much- needed funds to replace the departing owner; – If “lesser,” the departing owner could be cheated out of a fair price for his/her shares • Who will the beneficiary be? – Consider an “insurance trust” with third party beneficiary – If the company is the beneficiary, be sure the company is OBLIGATED to pay the withdrawing owner (or his estate)
Sample 1
Punting as used in this paper, means that the government entity with which the complaint is filed hands all responsibility for resolving the complaint to another party, whether another government office, see, e.g., Arizona, supra note 41, or an ADR entity whose ruling is final, see, e.g., Idaho, supra note 42.
Sample 1

Examples of Punting in a sentence

  • Punting - A punt is kicking the ball by a player who drops it and kicks it before it hits the ground.

  • Crane, Patent Punting: How FDA and Antitrust Courts Undermine the Hatch-Waxman Act to Avoid Dealing with Patents, 21 MICH.

  • Dotted Player Punting: Dotted player may punt the ball, but may not advance the ball beyond the line of scrimmage.

  • The offensive team may punt at any time.B. A punt is always a free kick.C. Punting intentions are announced to the referee by the captain, or acting captain.D. Rushing the punter is prohibited.

  • We must therefore prepare for every eventuality, whatever that might be, and mobilise all our resources to that end.

  • Punting Rules:10.5a Punting rules for freshmen and sophomore levels (only): On 4th down only, a coach must declare a punt attempt; no fakes.

  • Punting - A punt is kicking the ball by a player who drops it and kicks it before it hits the ground.Screen Blocking - Screen Blocking is legally obstructing an opponent without initiating contact with him/her with any part of the screen blocker's body.

  • Punting intentions are announced to the referee by the captain, or acting captain.

  • Punting the ball is not allowed as this would defeat the purpose of the build out line and reduces the opportunity to play out of the back in an unpressured setting.

  • Any initial, periodic or other disclosures or notices provided in connection with the Service, including without limitation those required by federal or state law.

Related to Punting

  • Hunting means to take or pursue a reptile, amphibian, bird, or mammal by any

  • Pruning means the appropriate removal of not more than one-third of the live branches or limbs of a Tree or more than one-third of the live branches or limbs on a Tree as part of a consistent annual pruning program.

  • Scalping means the situation where the Client opens too many positions in CFDs at the same time and closes them for less than five minutes or buying at Bid price and selling at Ask price, so as to gain the Bid/Ask difference.

  • prison means a building used for the confinement of detained persons; "recreational building" means a building used for a gymnasium or clubhouse;

  • Deaf/blindness means concomitant hearing and visual impairments, the combination of which causes such severe communication and other developmental and educational problems that they cannot be accommodated in special education programs solely for students with deafness or students with blindness.

  • Fishing means searching for, attracting, locating, catching, taking or harvesting fish or any activity which can reasonably be expected to result in the attracting, locating, catching, taking or harvesting of fish;

  • Physiotherapist means a person who is a) duly registered with the Supplementary Medical Professions Council of Hong Kong pursuant to the Supplementary Medical Professions Ordinance (Cap. 359 of the Laws of Hong Kong) or in relation to jurisdictions outside of Hong Kong, a body of equivalent standing; and b) legally authorised for practising physiotherapy in the locality where the treatment is provided to an Insured, but in no circumstance shall include the Insured, the Policyholder, an insurance intermediary or an employer, employee, Immediate Family Member or business partner(s) of the Policyholder and/or the Insured(s).

  • professor means a professor of the University College;

  • Paralysis means complete and irreversible loss or use of an arm or leg (without severance).

  • Scaling as used herein, involves:

  • Occupational therapist means an individual who is licensed by a state to practice occupational therapy.

  • Surgery means any of the following:

  • Enplanements means the total number of passengers boarding airline carriers. For purposes of this Section 4.14, all Enplanement comparisons shall be done by Relevant Boarding Area.

  • blindness means a condition where a person has any of the following conditions, after best correction—

  • Pretreatment means the reduction of the amount of pollutants, the elimination of pollutants, or the alteration of the nature of pollutant properties in wastewater prior to or in lieu of discharging or otherwise introducing such pollutants into a POTW.

  • Hydraulic fracturing means the fracturing of underground rock formations, including shale and non-shale formations, by manmade fluid-driven techniques for the purpose of stimulating oil, natural gas, or other subsurface hydrocarbon production.

  • Health professional shortage area means that term as defined in section 332(a)(1) of subpart II of part C of title III of the public health service act, chapter 373, 90 Stat. 2270, 42 U.S.C. 254e.

  • Preschooler means a child age two through four years old.

  • Tattooing means any method of placing ink or other pigment into or under the skin or mucosa by the aid of needles or any other instrument used to puncture the skin, resulting in permanent coloration of the skin or mucosa. This term includes all forms of cosmetic tattooing.

  • Extreme Vetting means data mining, threat modeling, predictive risk analysis, or other similar services." Extreme Vetting does not include:

  • Massage therapist means a person who practices massage therapy.

  • Commissioning means the process for determining the need for and for obtaining the supply of healthcare and related services by the Trust within available resources.

  • Visual impairment including blindness means an impairment in vision that, even with correction, adversely affects a student's educational performance. The term includes both partial sight and blindness.

  • Paraprofessional means a person who does not have an academic degree related to the scope of treatment or support services being provided but performs prescribed functions under the general supervision of that discipline.

  • Enslavement means the exercise of any or all of the powers attaching to the right of ownership over a person and includes the exercise of such power in the course of trafficking in persons, in particular women and children;

  • Closure means a discontinuance or closure under Part 4 of the Railways Act 2005 of any of the Passenger Services or of any network on which the Passenger Services may be operated or of any of the Stations or of any part of such network or Station;