Sentence examples for nominal consideration from inspiring English sources

Nominal consideration is a subtle and ingenious formality.

A complex situation has arisen with respect to the two most generally available extrinsic elements, the seal and the payment of a nominal consideration.

A common-law court, for example, may enforce a gift promise in which the element of reliance was present in addition to a seal or a nominal consideration.

Civil-law systems have less need than the common law for a formality such as nominal consideration; they prescribe methods directly in their statutes.

Other extrinsic elements, either alone or in combination with reliance, a seal, or a nominal consideration, may also render a transaction enforceable.

Will become (or has the option to become), for no additional consideration or for nominal consideration, the owner of the property upon compliance with the agreement.

It can be argued that both the nominal considerations and the disguised donation serve at least the cautionary and channeling functions of formalities mentioned above.

With all that in mind, he threw Wilpon his very fat pitch: you give Steinbrenner Staten Island, he'll give you Brooklyn, and the city will build small ballparks for each of you, design them to your specifications and rent them to you on long-term leases for nominal considerations.

At a time at which interest could not be recovered, the favorite means by which a landowner borrowed money was by granting a lease for years at a nominal rent in consideration of present payment of money…Contracts for support in money or in kind were treated as grants or realty and this theory was extended even to cases in which no charge was made upon any corporeal realty to secure payment.

When hole deformation is not a design consideration, the nominal bearing strength is determined using the following equation: P_{n} = C m_{f} ;d;t;F_{u} (3)where C is a bearing factor obtained from AISI Table E3.3.1-1 E3.3.1-1is andodification factor for the type of bearing connection in accordance with AISI Table E3.3.1-2.

We also highlight the improvements of the worst-case SINR compared to nominal designs without robustness considerations.