Obligation to Pay definition

Obligation to Pay a beneficiary" has a corresponding meaning.
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Obligation to Pay in Section 1 of the Security Agreement shall be revised to $6,350,000 upon the Borrower’s receipt of the New Loans
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Obligation to Pay. We will not pay any amount under this section unless the insured persons' obligation to pay has been determined by judgment against the insured person after trial or by written agreement between the insured person, the claimant and us. If You Use Someone's Vessel: If, as an individual, you or members of your family who reside with you have permission to use someone else's yacht for private pleasure, this section of the policy and its limits will apply during such use. We will pay for losses only after all other insurance covering the loss has been exhausted. This limitation will apply whether you or the yacht's owner has the other insurance. But we will not pay for damage to or loss of the other person's yacht. Federal Longshoremen's and Harbour Workers' Compensation Act of the United States of America: We will provide you with coverage required by the Federal Longshoremen's and Harbour Workers' Compensation Act. We will cover you as long as your responsibility arises from your ownership or use of your yacht. The Longshoremen's and Harbour Workers' Compensation Act is Public Act No. 803 of the 69th Congress, approved March 4, 1927. It also includes any amendments which are in force while this policy is in effect. We will comply with all the provisions of this Act, and with any rules, regulations, orders and decisions of the Office of Workers' Compensation Programs, of the U.S. Department of Labor. POLLUTION /SPILL LIABILITY
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Examples of Obligation to Pay in a sentence

  • No Legal Obligation to Pay Nongovernmental entities that provide immunizations free of charge to all patients, regardless of their ability to pay, must provide the immunizations free of charge to Medicare beneficiaries and may not bill Medicare.

  • Obligation to Pay Each qualified facility shall be obligated to pay all interconnection costs (as defined in Sub-part A, Sub-section 18 CFR 292.101 (b) (7) of the FERC Rule) which the Company may assess against the facility on a nondiscriminatory basis with respect to other customers with similar size and load characteristics.

  • An Obligation to Pay the original of which was permanently lost or destroyed and has not been replaced.

  • Obligation to Pay Non-Discount PortionApplicants are required to pay the non-discount portion of the cost of the eligible products and/or services to their service providers.

  • The Plan holds the right to recover the cost of services and supplies that were initially Covered by us and later determined to be excluded as described in this Illegal Acts section.• No Legal Obligation to Pay.

  • The Credit Union Has No Obligation to Pay Your Overdrafts: We are not obligated to pay any item presented for payment if your account does not contain sufficient available funds.

  • If (i) the Company TSR ranks among the Indexed Company TSRs at the 70th percentile and (ii) the Company TSR is greater than or equal to zero, then 175% of the Target Number of Market Stock Units would be Eligible Market Stock Units and would vest on the Vesting Date.2.Company’s Obligation to Pay.

  • Obligation to Pay: The Revenue Act of 1935, as amended, requires the Port District to pay the Contractor, for transmittal to the State, a retail sales tax on the total charge made for the construction of public works projects except for public road construction pursuant to RCW 82.04.050(10).

  • Any party may move the senior resident superior court judge for a finding of indigency and ask to be relieved of that party’s obligation to pay a share of the mediator’s fee using a Petition and Order for Relief from Obligation to Pay Mediator’s Fee, Form AOC-CV-814.The motion shall be heard subsequent to the completion of the conference or, if the parties do not settle their dispute, subsequent to trial.

  • Rooklidge, Licensee Validity Challenges and the Obligation to Pay Accrued Royalties: Lear v.

Related to Obligation to Pay

  • Obligations means any principal, interest, penalties, fees, indemnifications, reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness.

  • Pay means rate of compensation for the job.

  • Termination Payment has the meaning set forth in Section 7.3(c).

  • Fees means all amounts payable pursuant to, or referred to in, Section 4.1.

  • hereunder and other words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision.

  • Termination Fee has the meaning set forth in Section 7.02(a).