Fixed Amount Option - Law Dictionary Search Results
fixed amount option
Matched in: Term fixed amount option
installments-for-a-fixed-amount option
Matched in: Term installments-for-a-fixed-amount option
Call
elected. See INNS OF COURT. 2. The demand for payment of an instalment other than payments due at fixed dates by the terms of the prospectus or agreement to take shares, Croskey v. Bank of Wales, (1863) … is sometimes payable when demanded. In the case of limited companies the calls are limited to the total amount unpaid on each share. There is an implied promise by a purchaser of shares that he will indemnify … date, which right is acquired by the payment of a percentage. See OPTION.
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Perpetuity
which is not to vest until after the expiration of, or will not necessarily vest within the period fixed and prescribed by law for the creation of future estates and interests, Walsh v. Secretary of State for … not to depend upon a mere possibility. Moreover, not only the person to take, but also the precise amount of his interest, must be ascertained within the prescribed period, Blight v. Hartnoll, (1881) 19 Ch D 294; … (1883); and Prof. Gray (Boston, U.S.A., 2nd Edn. 1906); and as to option of purchase in a lease, and the present restrictions on the creation
Usury
vicious.) The term is usually applied to the taking of exorbitant interest, or of interest of a greater amount than is allowed by law. Eleven statutes, from 37 Hen. 8, c. 9, to 13 & 14 Vict. … use of a thing (or of money) lent; but, secondly, to hope for a certain return at the option of the party who borrowed, this is not vicious.) The term is usually applied to the taking of
County Courts
(24 & 25 Geo. 5, c. 53), which enacts as follows:' Area.--The area for each court is an fixed by order of the Lord Chancellor from time to time (s. 2). Judges.--The judges, who are appointed by … came into operation on the 1st January, 1905, and raised the common law jurisdiction from 50l. (to which amount it had been raised by an Act of 1850 from the original 20l. under the Act of 1846) … summary way to any judge of the High Court or (at the option of the applicant irrespectively of the value of the property in dispute)
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