
In Consideration of the Sum of Dollars $, Form


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People also ask
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What is in consideration of the payment?
Consideration is a legal term used to describe the benefit each party to a contract receives. This is often payment in exchange for goods or services.
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What is the meaning of payment in consideration?
Payment Consideration means, with respect to any Liquidity Transaction, the sum of any and all consideration paid or payable to the Liquidity Payment Recipients on account of such Liquidity Transaction minus any amounts required to be paid by the Liquidity Payment Recipients in connection with such Liquidity ...
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What is the meaning of for consideration paid?
Consideration paid means all the cash consideration (including amounts paid in escrow) plus the fair market value of non-cash consideration paid by the Company, plus the amount of debt and other interest bearing obligations assumed or refinanced by the Company, in connection with the M&A Transaction.
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What does "in consideration of $10" mean?
The consideration is the price or value the buyer provides to the seller in exchange for the property. The requirement for consideration is rooted in the idea that a contract should be a two-way exchange, where both parties give and receive something.
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What does "in consideration of one dollar" mean?
What does “consideration of” mean on a bill of sale? The consideration is the value that the buyer transfers to the seller. Simply put, and in most cases, the consideration reflects how much (or the dollar amount) the buyer spent to purchase the item.
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What is the meaning of consideration price?
What does Consideration mean? The term “consideration” is a concept in English law that refers to the price paid in exchange for the fulfillment of a promise. The court in the case of Currie v Misa defined consideration as a right, interest, profit, detriment, loss, or responsibility.
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Does consideration mean money?
Money is the most common form of consideration, but certainly not the only one. The law states that consideration must be something of value, anything from professional services to any type of asset.
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What does "in consideration of $10" mean?
The consideration is the price or value the buyer provides to the seller in exchange for the property. The requirement for consideration is rooted in the idea that a contract should be a two-way exchange, where both parties give and receive something.
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What does it mean when it says "for and in consideration of"?
in consideration of in American English a. in view of. b. in return or recompense for. She was offered money in consideration of her efforts.
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Is $1 considered consideration?
As a result, contracts in the United States have sometimes have had one party pass nominal amounts of consideration, typically citing $1. Thus, licensing contracts that do not involve any money at all often cite as consideration, "for the sum of $1 and other good and valuable consideration."
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What does in consideration of payment mean?
Payment Consideration means, with respect to any Liquidity Transaction, the sum of any and all consideration paid or payable to the Liquidity Payment Recipients on account of such Liquidity Transaction minus any amounts required to be paid by the Liquidity Payment Recipients in connection with such Liquidity ...
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What is the meaning of the sum of dollars?
1. : an amount of (money) I paid the sum of $500.
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