WebA civil obligation is one which has a binding operation in law, vinculum juris, and which gives to the obligee the right of enforcing it in a court of justice; in other words, it is an engagement binding on the obligor. 12 Wheat. It:. 318, 337; 4 Wheat. R. 197. 7. Civil obligations are divided into express and implied, pure. and conditional ... WebBinding Obligation means, with respect to a Party (a) any oral or written agreement, arrangement or settlement that binds or affects such Party ’s operations or property, including any assignment, license agreement, loan agreement, guaranty, or …
Smart Schools Bond Act New York State Education Department
Web1 day ago · Binding definition: A binding promise , agreement , or decision must be obeyed or carried out. Meaning, pronunciation, translations and examples WebApr 16, 2024 · Bind verb. To make fast (a thing) about or upon something, as by tying; to encircle with something. ‘to bind a belt about one’; ‘to bind a compress upon a wound’; … op shops glen innes
Bind legal definition of bind - TheFreeDictionary.com
WebJan 24, 2024 · ONE common obligation (GO) bond is a type of municipal bond in which the guarantee repayments (interest and principal) are guaranteed by the whole revenue generated by the ready government entity alternatively agency. In other words, the repayment has guaranteed by both fiscal earnings and operating revenue generated by … Web1 : to bind legally or morally : constrain You are obligated to repay the loan. 2 : to commit (something, such as funds) to meet an obligation funds obligated for new projects obligate 2 of 2 adjective ob· li· gate ˈä-bli-gət -blə-ˌgāt 1 : restricted to one particularly characteristic mode of life an obligate parasite 2 WebApr 1, 2024 · Verb [ edit] bond ( third-person singular simple present bonds, present participle bonding, simple past and past participle bonded ) ( transitive) To connect, secure or tie with a bond; to bind . The gargantuan ape was bonded in iron chains and carted onto the stage. ( transitive) To cause to adhere (one material with another). porterfield in athens