contractual obligation

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Digital Fuel is the leading provider of Service Level Agreement (SLA) and contractual obligation management solutions, helping service providers and shared services organizations manage the performance, financial, and regulatory aspects of IT and business services.
The 'BBB' rating is based on the City of Detroit, unconditional contractual obligation to make its service payments, which are not subject to appropriation.
Alcoa has a contractual obligation to continue providing agreed upon health care benefits to retirees and their families who have given their work lives to building this company into the world's premier aluminum producer.
For example, taxpayers who make an advance payment under a contractual obligation may be eligible to deduct the entire expense in the year paid, even though some of the services are to be rendered in the following year.
This derives from the contractual obligation that a nation enters into when it joins an intergovernmental organization.
In effect, the sue-and-labor clause transforms what was an implied duty under maritime law into an express contractual obligation between the insured and the underwriters.
In July of this year a Federal Judge found the cuts were illegal because they violated the company's contractual obligation to the retirees.
The North Carolina Court of Appeals held that Helen's second will was valid, because the mutual will placed no contractual obligation on her to refrain from executing a new will; see Est.
The IAM is accusing Boeing of violating a contractual obligation to give 180 days notice before such decisions and to allow time for the union to suggest alternatives.
The cost represents an amount to be incurred by the combined company under a contractual obligation of the acquired company that existed before the consummation date and will either continue after the plan is completed with no economic benefit to the combined company or be a penalty incurred by the combined company to cancel that contractual obligation.
Credit concerns center on the FTA's contractual obligation which is subject to Congressional appropriation that may affect the amount and timeliness of grants, as well as the reauthorization risk inherent in the multi-year federal funding of surface transportation programs.
Imposes on one entity a contractual obligation (1) to deliver cash or another financial instrument to a second entity or (2) to exchange financial instruments on potentially unfavorable terms with the second entity.