Obliged definition

Obliged. “guaranteed”, “owed”, “incurred”, “due”, “unpaid” or similar words shall be similarly construed;
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Obliged means that the issuer is required to pay back the holder with near-ultimate priority. (E.g., bondholders are generally paid before stock holders are paid.)
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Examples of Obliged in a sentence

  • In the absence of an agreement between the investor and the Obliged Party, the amount of compensation shall be determined in accordance with the dispute settlement procedures referred to in Article 9 of this Agreement.

  • For the avoidance of doubt, the Services have not been designed to meet the Client’s or any Obliged Person’s individual requirements and the Client accepts and agrees that it is responsible for ensuring that the Subscribed Services meet its and its Obliged Group Entity requirements.

  • The obligation of confidentiality and discretion for “THE INSTITUTE” will meet and will have an effect in terms of what is stipulated by the Federal Law on Transparency and Access to Public Governmental Information, General Law on Transparency and Access to Public Information, General Law on the Protection of Personal Data Held on Obliged Subjects, coming into effect from the signing of this Collaboration Agreement and ending when this information enters the public domain.

  • If any such Obliged Person does bring, or threaten to bring, any such claim or proceedings, then Client shall indemnify and keep indemnified Taskize in respect of all and any costs, losses, damages and expenses incurred.

  • If a Contracting Party grants special advantages to investors of a third State by virtue of an agreement establishing a free trade area, customs union, common market or similar regional organization, or by virtue of an agreement to avoid double taxation, it shall not be Obliged to grant such advantages to investors of the other Contracting Party.

  • In such a case, the Party Entitled to Compensation shall duly keep the Party Obliged to Compensate informed of the Proceedings and actions effectuated during the course of the Proceedings and it shall give notice to the Party Obliged to Compensate of any document, claim or argument the Party Entitled to Compensation may submit.

  • Tenant Obliged to Reconstruct 142 Section 15.02 ..............................

  • The sUpplier is Obliged tO cOmply with all applicable legal prOvisiOns Of the respective legal system(s).

  • The Company Shall Not Be Obliged To Make A Severance Payment If The Company Obtains Suitable Alternative Employment For The Employee, And The Employee Unreasonably Rejects The Offer Of Employment.

  • In the event that not all other Investors participate in the Tag-Along Sale, the remaining (fraction of) Shares shall be sold by the Obliged Seller(s).

Related to Obliged

  • entitled Chase Manhattan Mortgage Corporation, as Servicer, for the benefit of registered holders of Chase Manhattan Acceptance Corporation Multi-Class Mortgage Pass-Through Certificates, Series [ ], Class B-5." Amounts in the Collateral Fund shall continue to be the property of the Purchaser, subject to the first priority security interest granted hereunder for the benefit of the Certificate holders, until withdrawn from the Collateral Fund pursuant to Section 2.02 or 2.03 hereof. Upon the termination of this Agreement and the liquidation of all Mortgage Loans as to which the Purchaser has made any Election to Delay Foreclosure or any Election to Foreclose pursuant to Section 2.04 hereof, the Company shall distribute to the Purchaser all amounts remaining in the Collateral Fund together with any investment earnings thereon. The Collateral Fund shall be an "outside reserve fund" within the meaning of the REMIC Provisions, beneficially owned by the Purchaser. In no event shall the Purchaser (i) take or cause the Trustee or the Company to take any action that could cause any REMIC established under the Trust Agreement to fail to qualify as a REMIC or cause the imposition on any such REMIC of any "prohibited transaction" or "prohibited contribution" taxes or (ii) cause the Trustee or the Company to fail to take any action necessary to maintain the status of any such REMIC as a REMIC.

  • GST/HST means all goods and services tax and harmonized sales tax imposed under Part IX of the Excise Tax Act (Canada).

  • Italian Civil Code means the Italian civil code, enacted by Royal Decree No. 262 of 16 March 1942.

  • Tax Collector means the Council or its designee or agent for all purposes under this Chapter. "Taxpayer" means any person liable for any tax under this Chapter.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;