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/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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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 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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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

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

  • 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.

  • 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).

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

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