Performance Bond - Law Dictionary Search Results
Adequate assurance
Adequate assurance, in relation to bankruptcy means, evidence that a debtor will probably be able to perform its obligations under a contract such as the posting of a bond or a showing that the debtor
Trade Union
justice; or (4)Any agreement made between one trade union and another; or (5) Any bond to secure the performance of any of the above-mentioned agreements. But nothing in this s. shall be deemed to constitute any of
utility
v. Public Serv. Co., 412 A.2d 84 (1980)"] 3 pl : stocks or bonds of utility companies [utilities performed poorly] … right to install utilities "Ware v. Public Serv. Co., 412 A.2d 84 (1980)"] 3 pl : stocks or bonds of utility companies [utilities performed poorly]
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instrument
instrument 1 : a means or implement by which something is achieved, performed, or furthered [an of crime] 2 : a document (as a deed, will, bond, note, certificate of deposit,
obligation
obligation 1 : a promise, acknowledgment, or agreement (as a contract) that binds one to a specific performance (as payment) ;also : the binding power of such an agreement or indication [held that the amendment did … Family Mut. Ins. Co., 521 N.W.2d 366 (1994)"] 2 : a debt security (as a corporate or government bond) see also collateralized mortgage obligation 3 : what one is obligated to do, satisfy, or fulfill: as a
Consideration
the one side, or mental incompetency on the other, and, inequity, inadequacy maybe a reason for refusing specific performance, Pegler v. White, 33 Beav 403. (b) Forbearance for a time to institute a suit upon a well-founded … 582; Gandy v. Gandy, (1884) 30 Ch D 57. A promise under seal, such as a covenant or bond, does not require any consideration to be enforceable at law by an action upon the covenant or by
Resignation
years continuously, to resign on the ground of incapacity by permanent mental or bodily infirmity from the due performance of his duties, and to obtain a pension. The resignation of infirm archbishops or bishops is provided for … simoniacal, and, therefore, illegal, see Fletcher v. Lord Sondes, (1827) 3 Bing 501, but by the (English) Clergy Bonds Resignation Act, 1828 (9 Geo. 4, c. 94) [repealed, see Church Assembly Measure (14 & 15 Geo. 5),
Mortgage
of money advanced or to be advanced by way of loan, an existing or further debt. Or the performance of an engagement which may give rise to a pecuniary liability. The transferor is called a mortgagor, the … anytime; and the creditor not being entitled to sue at law in the absence of a covenant or bond, or to foreclose in equity. When property is conveyed to a mortgagee and his heirs until out of
bill
at a discount that bears no interest but is payable at its face value at maturity compare Treasury bond at bond Treasury note at note … bill of indictment sufficient to warrant prosecution : indictment 4 : an itemized account of goods sold, services performed, or work done 5 : a written instrument setting out the terms of a transaction involving goods: as
trust
period after which the remainder passes to charity charitable trust : a trust created for the purpose of performing charity or providing social benefits NOTE: Unlike most trusts, a charitable trust does not require definite beneficiaries and … this entry unit trust : a trust operating as a vehicle for investment whose portfolio consists of long-term bonds that are held to maturity voting trust : a trust created by the transfer of legal title to
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