binding agreement

Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.
References in periodicals archive ?
She, however, pointed out that the legally binding agreement was a must to ensure action whether it was intended to reduce carbon emission or facilitate funds to these small island states to meet climatic challenges.
The Fifth Circuit agreed with the Tax Court that there was insufficient evidence of a binding agreement.
However, a pattern of payments to certain shareholders could be construed as a binding agreement relating to distribution and liquidation proceeds.
This case clearly supports the application of the firm-and-fixed-plan test even without a binding agreement.
351 control requirement is not met when, pursuant to a binding agreement entered into by the transferor before the transfer of property to the corporation in exchange for stock, the transferor loses control of the corporation by a taxable sale of all or part of that stock to a third party that does not also transfer property to the corporation in exchange for stock.
OTCBB:NMKT) and Paragon Financial Corporation (OTC:PGNF) announced today that the companies have entered into a binding agreement to combine NewMarket's Latin American operations into Paragon Financial Corporation.
To the contrary, the letter specifically stated that it was not a binding agreement among the parties.
Prior law applies to amounts received under a written binding agreement, court decree or mediation award in effect on (or issued on or before) September/3, 1995.
Contractual negotiations to reach a definitive binding agreement are currently underway.
HONG KONG -- Corgi International Limited (NasdaqGM: CRGI) today announced that it has entered into a binding agreement for the private placement of 16.
A commercial contractual agreement (such as a lease, loan or employment agreement) is not a binding agreement and so is not a governing provision, unless a principal purpose is to circumvent the one-class-of-stock requirement.
If unitholder approval is obtained, the independent committee of the board of directors would be authorized to negotiate a binding agreement to redeem the DPIs.