Satisfaction definition

Satisfaction shall be a determination, in good faith, made by the Contractor and in accordance with commonly accepted industry standards. If the Contractor, Client, or other responsible party delays in making any payment to the Contractor, from which payment to Subcontractor is to be made, Contractor and its sureties shall have a reasonable time to make payment to Subcontractor. “Reasonable time” shall be determined in relation to relevant circumstances, but shall in no event be less time than required for Contractor, Contractor’s sureties, and Subcontractor to pursue a conclusion to their legal remedies against the Client or other responsible party to obtain payment, including, but not limited to, mechanics’ lien remedies.
Satisfaction means a discharge signed by the mortgagee of record, the trustee of a deed of trust, or by an agent or officer, legal representative, or attorney‑in‑fact under a written instrument duly recorded, of either of the foregoing indicating that the property subject to the security instrument is released.
Satisfaction means that the obligation secured by a mortgage has been paid in full and the underlying obligation terminated, with no opportunities for future advancements.

Examples of Satisfaction in a sentence

  • Parent Satisfaction Survey Measuring and understanding parent satisfaction is an important part of our culture.

  • Customer Satisfaction: How do you measure and monitor customer satisfaction; describe the method used, frequency, and how results are reported.

  • Satisfaction of the obligation to procure insurance and perform other actions in connection with this Article will not relieve CONTRACTOR of any other obligations or LIABILITIES.

  • The ratings will include but not be limited to: Delivery; Customer Satisfaction; Contract Adherence; Information Distribution; and Reporting.

  • IN GENERAL.—Section 147 of title 10, United States Code, is repealed.


More Definitions of Satisfaction

Satisfaction means to the satisfaction of the Consultant.
Satisfaction means, as to the Obligations or Guaranteed Obligations, (i) payment in full thereof in cash, (ii) termination of all Commitments under the Loan Agreement and (iii) no further Commitments, Loans or any other extensions of credit may be provided under the Loan Agreement.
Satisfaction is defined as the sum of the “top two box” responses (“satisfied” and “very satisfied”), divided by the number of responses, excluding “neutral”. Achieve an overall Satisfaction rating of at least 90% for Contractor’s Account Management Team on an annual basis, using Contractor’s standard tool. Performance Fee of $3,500. Metric Definition Expected Performance % of Fees at Risk (3) The parties agree in principle with the measurement methodology as described. The parties further agree to refine such measurement methodology as mutually agreeable to the parties and to document the refined methodology in the contractual documents.
Satisfaction means that the obligation secured by a mortgage has been paid in full and
Satisfaction by means of entertainment and fun
Satisfaction has the meaning set forth in Section 2.15(b).
Satisfaction means, in the context of Lender, reasonable satisfaction.