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Under the common law of most states, a contract addendum is only enforceable if a right or asset of value (known as "consideration") is exchanged.
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To keep things as simple as possible, let's assume in this example that the $250,000 investment in the new ad campaign is the company's only investment, and that there are no other assets of value in the company.
Ingram nominated the pub for asset of community value, or ACV, status.
If we are successful we will have created a national asset of priceless value.
"This can be done by using the laws that make a pub an asset of community value.
In the morning the national Planning Inspectorate had rejected Stark's appeal on Plan A. That afternoon, by coincidence, the Golden Lion was made an asset of community value.
Rushcliffe borough council designated the site an asset of community value in July, allowing the villagers extra time to finance a new venture.
From Beijing's perspective, Snowden was an asset of diminishing value: he had already given Chinese authorities a gift that will be paying dividends for years to come.
The earthwork remains of Doddershall are considered to be "a heritage asset of high value as an extant example of medieval settlement," according to an Environment Statement Cultural Heritage report.
They can also apply for their site to be registered as an "asset of community value", which gives them some, but not absolute, protection from development.
Biodiversity is a global asset of inestimable value which is threatened by human activities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com